120A, Balmoral Road
120A, Balmoral Road
Description & Estimates
Public records show 120A, Balmoral Road, Morecambe to be a period leasehold apartment with 904 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
120A, Balmoral Road, Morecambe has an estimated sale value of £203,144 and an estimated rental value of £833 per month, assuming reasonable condition and based on the information available.
The apartment sits within 120, Balmoral Road, Morecambe, LA3.
Balmoral Road, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
120A, Balmoral Road, Morecambe has 2 entries in the Land Registry , most recently in February 2015 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 120A, Balmoral Road, Morecambe would be worth £213,301, with a potential rental value of £875 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £188,924, with a rental value of £775 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 120A, Balmoral Road, Morecambe has moved down by £292 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (3.5%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
120A, Balmoral Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
120A, Balmoral Road, Morecambe last changed hands on 24th February 2015, selling for £58,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 37.7% since February 2015.
- Sold Feb 2015£58,000
- Sold Apr 2013£53,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 120A, Balmoral Road, Morecambe across the last 2 years.
Most recently, Flat 1, 84, Regent Road, Morecambe, LA3 1AE, a leasehold flat, sold at £130,000 on the 12th May 2008.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 120A, Balmoral Road, Morecambe as the 68th largest and the 21st most expensive of the 103 addresses on Balmoral Road, Morecambe, LA3.
Against the LA3 postcode district average, it is £11k more expensive than the typical property.
More reading links
Schools Nearby
- 200mWest End Primary School
- 400mMorecambe and Heysham Sandylands Community Primary School
- 1.1kmMorecambe and Heysham Westgate Primary School
- 300mBay Leadership Academy
- 2.3kmMorecambe Bay Academy
- 5.1kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 120A, Balmoral Road, Morecambe at 1.0 kilometres away.
- 1.0kmMorecambe
- 3.1kmBare Lane
- 4.0kmHeysham Port
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
