Flat 1, 28
Flat 1, 28
Description & Estimates
Flat 1, 28, Alexandra Road, Morecambe is described in the public record as a period apartment with 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 28, Alexandra Road, Morecambe is £39,402 and its rental estimate is £294 per month, given the available information and assuming reasonable condition.
28, Alexandra Road is a residential building on Alexandra Road, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Our Data Sources
Flat 1, 28, Alexandra Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
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.
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, 28, Alexandra Road, Morecambe, we estimate a market value of £41,373 and a rental value of £309 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £36,644 and £273 per month respectively.
Recent Market Change
Over the last year, Flat 1, 28, Alexandra Road, Morecambe has seen its estimated sale value move up by £374 (0.9%) and its estimated rental value increase by £13 per month (4.5%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
Flat 1, 28, Alexandra Road, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 370 metres of Flat 1, 28, Alexandra Road, Morecambe, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was Flat 2, 23, Alexandra Road, Morecambe, LA3 1TQ, a leasehold flat which sold for £75,997.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 124 addresses on Alexandra Road, Morecambe, LA3, Flat 1, 28, Alexandra Road, Morecambe comes out as the 120th largest and the 124th most expensive in our analysis of the public data.
It is also £153k less expensive than the average property across the LA3 district.
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Schools Nearby
- 300mWest End Primary School
- 400mMorecambe and Heysham Sandylands Community Primary School
- 1.5kmMorecambe and Heysham Westgate Primary School
- 600mBay Leadership Academy
- 2.4kmMorecambe Bay Academy
- 5.4kmOur Lady's Catholic College
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Public Transport Nearby
From Flat 1, 28, Alexandra Road, Morecambe, the nearest station is Morecambe, 1.1 kilometres away.
- 1.1kmMorecambe
- 3.3kmBare 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 low, based on Environment Agency data.
