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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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32, Banks Crescent, Morecambe is described in the public record as a mid-century apartment with 666 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 32, Banks Crescent, Morecambe is £73,580 and its rental estimate is £506 per month, given the available information and assuming reasonable condition.
Banks Crescent, Heysham, Morecambe, LA3 falls within the LA3 postal district, in the borough of Lancaster.
32, Banks Crescent, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated January 2009.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 32, Banks Crescent, Morecambe, we estimate a market value of £77,259 and a rental value of £531 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,429 and £471 per month respectively.
Over the last year, 32, Banks Crescent, Morecambe has seen its estimated sale value move down by £106 (0.1%) and its estimated rental value increase by £18 per month (3.5%). This results in an estimated gross rental yield of 8.3%.
32, Banks Crescent, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jan 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 32, Banks Crescent, Morecambe have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2021, was 19, Warren Grove, Morecambe, LA3 2TD, a leasehold flat which sold for £78,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Banks Crescent, Heysham, Morecambe, LA3, 32, Banks Crescent, Morecambe comes out as the 23rd largest and the 25th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the LA3 district.
From 32, Banks Crescent, Morecambe, the nearest station is Heysham Port, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, 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 32, 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 32, 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 32, 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 32, 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.
