38, Banks Crescent
38, Banks Crescent
Description & Estimates
The public record describes 38, Banks Crescent, Morecambe as a mid-century apartment with 666 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
38, Banks Crescent, Morecambe has an estimated sale value of £73,580 and an estimated rental value of £506 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.
Our Data Sources
38, 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.
Price Range & Condition
In very good condition, we estimate 38, Banks Crescent, Morecambe would be worth £77,259, with a potential rental value of £531 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £68,429, with a rental value of £471 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Banks Crescent, Morecambe has moved down by £106 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £18 (3.5%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
38, 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.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 600 metres of 38, 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.
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Location Comparison
Our analysis of the public data ranks 38, Banks Crescent, Morecambe as the 22nd largest and the 24th most expensive of the 35 addresses on Banks Crescent, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £119k less expensive than the typical property.
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Schools Nearby
- 400mTrumacar Nursery and Community Primary School
- 700mHeysham St Peter's Church of England Primary School
- 1.3kmSt Patrick's Catholic Primary School
- 2.5kmBay Leadership Academy
- 5.0kmMorecambe Bay Academy
- 6.0kmLancaster Girls' Grammar School
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Public Transport Nearby
Heysham Port station is the nearest stop to 38, Banks Crescent, Morecambe at 1.4 kilometres away.
- 1.4kmHeysham Port
- 3.8kmMorecambe
- 5.5kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
