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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 3, Banks Crescent, Morecambe as an early-century apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
3, Banks Crescent, Morecambe has an estimated sale value of £66,156 and an estimated rental value of £492 per month, assuming reasonable condition and based on the information available.
Banks Crescent, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
3, Banks Crescent, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 3, Banks Crescent, Morecambe would be worth £69,463, with a potential rental value of £517 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £61,525, with a rental value of £458 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Banks Crescent, Morecambe has climbed by £472 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (4.4%). The property's estimated gross yield is currently 8.9%.
3, Banks Crescent, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 600 metres of 3, Banks Crescent, Morecambe across the last 2 years.
Most recently, 19, Warren Grove, Morecambe, LA3 2TD, a leasehold flat, sold at £78,000 on the 27th April 2021.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Banks Crescent, Morecambe as the 33rd largest and the 35th most expensive of the 35 addresses on Banks Crescent, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £126k less expensive than the typical property.
Heysham Port station is the nearest stop to 3, Banks Crescent, Morecambe at 1.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Banks Crescent, Morecambe, 38.6% of property is socially rented and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Banks Crescent, Morecambe, 20.9% of residents are recorded as possessing school level qualifications and 19.7% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Banks Crescent, Morecambe, the average age was 42.6 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Banks Crescent, Morecambe, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Banks Crescent, Morecambe, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
