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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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According to the public record, 3, Park Crescent, Morecambe is a early-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Park Crescent, Morecambe is £142,815 and the estimated rental value is £614 per month.
Park Crescent, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
3, Park Crescent, Morecambe has a single entry in the Land Registry from April 2010 and a single entry in the EPC database dated July 2023.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Park Crescent, Morecambe is in very good condition we estimate a sale value of £149,956 and a rental value of £645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,818 and a rental value of £571 per month.
Over the last 12 months the sale value of 3 Park Crescent Morecambe has increased by an estimated £1,713 (1.2%) and its rental value has increased by an estimated £25 per month (4.0%), giving an expected gross yield of 5.2%.
3, Park Crescent, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Park Crescent, Morecambe was last sold on 9th April 2010 for £84,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2010, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Crescent, Morecambe within a radius of 740 metres over the last 2 years.
The most recent example is Apartment 2, Happy Mount House, Elms Lane, Morecambe, LA4 6LR, a leasehold flat which sold for £140,000 on the 24th September 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Crescent, Morecambe, LA4 has a total of 5 addresses. According to our analysis of all the public data, 3, Park Crescent, Morecambe is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in LA4.
The closest station to 3, Park Crescent, Morecambe is Bare Lane station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Park Crescent, Morecambe, 59.9% of property is privately owned outright and 24.5% 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, Park Crescent, Morecambe, 10.0% of residents are recorded as possessing school level qualifications and 37.4% 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, Park Crescent, Morecambe, the average age was 53.7 and the most common age was 72.
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, Park Crescent, Morecambe, 2.6% 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, Park Crescent, Morecambe, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
