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The public record describes 5B, Chatsworth Road, Morecambe as a period apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5B, Chatsworth Road, Morecambe has an estimated sale value of £71,088 and an estimated rental value of £506 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Chatsworth Road, Morecambe, LA4.
Chatsworth Road, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
5B, Chatsworth Road, Morecambe has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2024.
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.
In very good condition, we estimate 5B, Chatsworth Road, Morecambe would be worth £74,643, with a potential rental value of £531 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £66,112, 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.
The estimated sale value of 5B, Chatsworth Road, Morecambe has declined by £102 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £18 (3.5%). The property's estimated gross yield is currently 8.5%.
5B, Chatsworth Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
5B, Chatsworth Road, Morecambe last changed hands on 31st August 2005, selling for £58,950. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 5B, Chatsworth Road, Morecambe across the last 2 years.
Most recently, 35, Balmoral Road, Morecambe, LA4 4JR, a leasehold flat, sold at £150,000 on the 29th April 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5B, Chatsworth Road, Morecambe as the 86th largest and the 101st most expensive of the 112 addresses on Chatsworth Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £121k less expensive than the typical property.
Morecambe station is the nearest stop to 5B, Chatsworth Road, Morecambe at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5B, Chatsworth Road, Morecambe, 46.2% of property is privately rented and 29.7% 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 5B, Chatsworth Road, Morecambe, 23.5% of residents are recorded as possessing school level qualifications and 22.5% 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 5B, Chatsworth Road, Morecambe, the average age was 40.4 and the most common age was 37.
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 5B, Chatsworth Road, 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 5B, Chatsworth Road, Morecambe, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.