Flat 1, 22
Flat 1, 22
Description & Estimates
Flat 1, 22, Sefton Road, Morecambe appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 598 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 22, Sefton Road, Morecambe is £78,805 and its rental estimate is £562 per month, given the available information and assuming reasonable condition.
22, Sefton Road is a residential building on Sefton Road, Heysham, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Our Data Sources
Flat 1, 22, Sefton Road, Morecambe has 21 entries in the Land Registry , most recently in October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, 22, Sefton Road, Morecambe, we estimate a market value of £82,746 and a rental value of £590 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,289 and £523 per month respectively.
Recent Market Change
Over the last year, Flat 1, 22, Sefton Road, Morecambe has seen its estimated sale value climb by £563 (0.7%) and its estimated rental value rise by £25 per month (4.4%). This results in an estimated gross rental yield of 8.6%.
Sold Prices
The most recent sale of Flat 1, 22, Sefton Road, Morecambe completed on 16th October 2009 at £45,000 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 89.9% over the period since October 2009.
- Sold Oct 2009£45,000
- Sold Sep 2004£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 22, Sefton Road, Morecambe have sold within a radius of 430 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£41,500 | 2 Bed Flat156, Westminster RoadFlat 4, 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.
More reading links
Location Comparison
Of the 137 addresses on Sefton Road, Heysham, Morecambe, LA3, Flat 1, 22, Sefton Road, Morecambe comes out as the 77th largest and the 117th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the LA3 district.
More reading links
Schools Nearby
- 300mMorecambe and Heysham Sandylands Community Primary School
- 500mWest End Primary School
- 1.5kmMossgate Primary School
- 600mBay Leadership Academy
- 2.7kmMorecambe Bay Academy
- 5.6kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From Flat 1, 22, Sefton Road, Morecambe, the nearest station is Morecambe, 1.3 kilometres away.
- 1.3kmMorecambe
- 3.5kmBare Lane
- 3.8kmHeysham 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 low, based on Environment Agency data.
