Flat 1, Rye Bank 16
Flat 1, Rye Bank 16
Description & Estimates
Public records show Flat 1, Rye Bank 16, Carnforth to be a period leasehold apartment with 1,065 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, Rye Bank 16, Carnforth has an estimated sale value of £329,287 and an estimated rental value of £1,272 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rye Bank, Church Hill, Arnside, Carnforth, LA5.
Church Hill, Arnside, Carnforth, LA5 lies within the LA5 postal district.
Our Data Sources
Flat 1, Rye Bank 16, Carnforth has 21 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated January 2024.
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
In very good condition, we estimate Flat 1, Rye Bank 16, Carnforth would be worth £345,752, with a potential rental value of £1,335 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £306,237, with a rental value of £1,183 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, Rye Bank 16, Carnforth has risen by £1,431 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (3.5%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
Flat 1, Rye Bank 16, Carnforth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, Rye Bank 16, Carnforth last changed hands on 23rd June 2011, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 8.7% since June 2011.
- Sold Jun 2011£160,000
- Sold Sep 2001£71,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of Flat 1, Rye Bank 16, Carnforth across the last 2 years.
Most recently, Flat 3, Broadlands 12, Church Hill, Carnforth, LA5 0DF, a leasehold flat, sold at £300,000 on the 24th February 2022.
Read more about house prices in LA5.
- Sold Feb 2022£300,000 | 3 Bed FlatBroadlands 12, Church HillFlat 3, Broadlands 12, Church Hill, Carnforth, LA5 0DF
- Sold May 2021£325,000 | 3 Bed FlatDeanston House 23, The PromenadeFlat 1, Deanston House 23, The Promenade, Carnforth, LA5 0HA
- Sold Dec 2020£222,000 | 3 Bed FlatInglewood Court, The PromenadeFlat 1, Inglewood Court, The Promenade, Carnforth, LA5 0AD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, Rye Bank 16, Carnforth as the 42nd largest and the 39th most expensive of the 75 addresses on Church Hill, Arnside, Carnforth, LA5.
Against the LA5 postcode district average, it is £9k more expensive than the typical property.
More reading links
Schools Nearby
- 100mArnside National CofE School
- 2.2kmStorth CofE School
- 3.6kmSilverdale St John's Church of England Voluntary Aided Primary School
- 5.1kmDallam School
- 7.6kmCartmel Priory CofE School
- 9.7kmCarnforth High School
More reading links
Public Transport Nearby
Arnside station is the nearest stop to Flat 1, Rye Bank 16, Carnforth at 300 metres away.
- 300mArnside
- 4.1kmSilverdale
- 4.6kmGrange-over-Sands
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.
