Flat 1, 49
Flat 1, 49
Description & Estimates
The public record describes Flat 1, 49, Balmoral Road, Morecambe as a period apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 49, Balmoral Road, Morecambe has an estimated sale value of £80,233 and an estimated rental value of £503 per month, assuming reasonable condition and based on the information available.
The apartment sits within 49, Balmoral Road, Morecambe, LA4.
Balmoral Road, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
Flat 1, 49, Balmoral Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated July 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
In very good condition, we estimate Flat 1, 49, Balmoral Road, Morecambe would be worth £84,245, with a potential rental value of £528 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £74,617, with a rental value of £467 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 49, Balmoral Road, Morecambe has increased by £573 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (4.4%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 1, 49, Balmoral Road, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 1, 49, Balmoral Road, Morecambe across the last 2 years.
Most recently, Flat 5, 63-65, West End Road, Morecambe, LA4 4DR, a leasehold flat, sold at £85,000 on the 22nd November 2024.
Read more about house prices in LA4.
- Sold Nov 2024£85,000 | 2 Bed Flat63-65, West End RoadFlat 5, 63-65, West End Road, Morecambe, LA4 4DR
- Sold Jan 2024£85,000 | 2 Bed Flat48, West End RoadFlat 2, 48, West End Road, Morecambe, LA4 4DL
- Sold Dec 2023£90,000 | 2 Bed Flat63-65, West End RoadFlat 2, 63-65, West End Road, Morecambe, LA4 4DR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, 49, Balmoral Road, Morecambe as the 58th largest and the 98th most expensive of the 110 addresses on Balmoral Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £112k less expensive than the typical property.
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Schools Nearby
- 200mWest End Primary School
- 700mMorecambe and Heysham Sandylands Community Primary School
- 1.0kmMorecambe and Heysham Westgate Primary School
- 600mBay Leadership Academy
- 2.0kmMorecambe Bay Academy
- 4.9kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to Flat 1, 49, Balmoral Road, Morecambe at 700 metres away.
- 700mMorecambe
- 2.8kmBare Lane
- 4.3kmHeysham Port
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
