Flat 1, 114
Flat 1, 114
Description & Estimates
Flat 1, 114, Chatsworth Road, Morecambe is recorded publicly as a period leasehold apartment across 578 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 114, Chatsworth Road, Morecambe is £72,749 and its rental estimate is £524 per month, given the available information and assuming reasonable condition.
114, Chatsworth Road is a residential building on Chatsworth Road, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Our Data Sources
Flat 1, 114, Chatsworth Road, Morecambe has 21 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated March 2011.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 114, Chatsworth Road, Morecambe, we estimate a market value of £76,387 and a rental value of £551 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,657 and £488 per month respectively.
Recent Market Change
Over the last year, Flat 1, 114, Chatsworth Road, Morecambe has seen its estimated sale value move up by £520 (0.7%) and its estimated rental value increase by £23 per month (4.4%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
Flat 1, 114, Chatsworth Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 114, Chatsworth Road, Morecambe completed on 31st July 2019 at £55,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 51.4% over the period since July 2019.
- Sold Jul 2019£55,000
- Sold Jan 2004£45,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 114, Chatsworth Road, Morecambe have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was Flat 3, 156, Westminster Road, Morecambe, LA3 1SH, a leasehold flat which sold for £38,000.
Read more about house prices in LA3.
- Sold May 2023£38,000 | 2 Bed Flat156, Westminster RoadFlat 3, 156, Westminster Road, Morecambe, LA3 1SH
- Sold May 2023£40,000 | 2 Bed Flat156, Westminster RoadFlat 5, 156, Westminster Road, Morecambe, LA3 1SH
- Sold May 2023£36,500 | 2 Bed Flat156, Westminster RoadFlat 1, 156, Westminster Road, Morecambe, LA3 1SH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 73 addresses on Chatsworth Road, Morecambe, LA3, Flat 1, 114, Chatsworth Road, Morecambe comes out as the 47th largest and the 65th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the LA3 district.
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Schools Nearby
- 100mWest End Primary School
- 400mMorecambe and Heysham Sandylands Community Primary School
- 1.2kmMorecambe and Heysham Westgate Primary School
- 400mBay Leadership Academy
- 2.3kmMorecambe Bay Academy
- 5.2kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From Flat 1, 114, Chatsworth Road, Morecambe, the nearest station is Morecambe, 1.0 kilometres away.
- 1.0kmMorecambe
- 3.1kmBare Lane
- 4.0kmHeysham Port
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
