40, Banks Crescent
40, Banks Crescent
Description & Estimates
According to the public record, 40, Banks Crescent, Morecambe is a mid-century apartment with 666 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Banks Crescent, Morecambe is £73,580 and the estimated rental value is £506 per month.
Banks Crescent, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Our Data Sources
40, 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
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 40, Banks Crescent, Morecambe is in very good condition we estimate a sale value of £77,259 and a rental value of £531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,429 and a rental value of £471 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Banks Crescent, Morecambe has dropped by £106 (0.1%), while its estimated rental value has risen by £18 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
40, 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
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 40, Banks Crescent, Morecambe within a radius of 600 metres over the last 2 years.
The most recent example is 19, Warren Grove, Morecambe, LA3 2TD, a leasehold flat which sold for £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
Banks Crescent, Heysham, Morecambe, LA3 has a total of 35 addresses. According to our analysis of all the public data, 40, Banks Crescent, Morecambe is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in LA3.
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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
The closest station to 40, Banks Crescent, Morecambe is Heysham Port station, which is 1.4 kilometres away.
- 1.4kmHeysham Port
- 3.8kmMorecambe
- 5.5kmBare Lane
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
