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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5A, Claremont Crescent, Morecambe is £75,875 and the estimated rental value is £441 per month.
The apartment is within 5, Claremont Crescent, Morecambe, LA4.
Claremont Crescent, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
5A, Claremont Crescent, Morecambe has 21 entries in the Land Registry , most recently in March 2009 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5A, Claremont Crescent, Morecambe is in very good condition we estimate a sale value of £79,669 and a rental value of £463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,564 and a rental value of £411 per month.
Over the past 12 months, the estimated sale value of 5A, Claremont Crescent, Morecambe has declined by £109 (0.1%), while its estimated rental value has climbed by £16 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 7.0%.
5A, Claremont Crescent, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Apr 2016.
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, 5A, Claremont Crescent, Morecambe was last sold on 20th March 2009 for £48,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2009, the market for similar properties has risen by 26.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Claremont Crescent, Morecambe within a radius of 460 metres over the last 2 years.
The most recent example is 30, Yorkshire Street, Morecambe, LA3 1QE, a leasehold flat which sold for £85,000 on the 7th December 2021.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Claremont Crescent, Morecambe, LA4 has a total of 26 addresses. According to our analysis of all the public data, 5A, Claremont Crescent, Morecambe is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in LA4.
The closest station to 5A, Claremont Crescent, Morecambe is Morecambe station, which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5A, Claremont Crescent, Morecambe, 45.1% of property is privately rented and 23.0% is socially rented.
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 5A, Claremont Crescent, Morecambe, 12.6% of residents are recorded as possessing school level qualifications and 20.6% 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 5A, Claremont Crescent, Morecambe, the average age was 38.9 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 5A, Claremont 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 5A, Claremont Crescent, Morecambe, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.