Flat 2, 12-14
Flat 2, 12-14
Description & Estimates
The public record describes Flat 2, 12-14, Alexandra Road, Morecambe as a period apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 12-14, Alexandra Road, Morecambe has an estimated sale value of £47,193 and an estimated rental value of £347 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12-14, Alexandra Road, Morecambe, LA3.
Alexandra Road, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
Flat 2, 12-14, Alexandra Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
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 2, 12-14, Alexandra Road, Morecambe would be worth £49,553, with a potential rental value of £365 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £43,890, with a rental value of £323 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 2, 12-14, Alexandra Road, Morecambe has fallen by £68 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £12 (3.5%). The property's estimated gross yield is currently 8.8%.
Energy Efficiency
Flat 2, 12-14, Alexandra Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2019.
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 2 sales of comparable properties within 390 metres of Flat 2, 12-14, Alexandra Road, Morecambe across the last 2 years.
Most recently, Flat 1, 48, Regent Road, Morecambe, LA3 1TE, a leasehold flat, sold at £39,999 on the 13th February 2019.
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
Our analysis of the public data ranks Flat 2, 12-14, Alexandra Road, Morecambe as the 90th largest and the 117th most expensive of the 124 addresses on Alexandra Road, Morecambe, LA3.
Against the LA3 postcode district average, it is £145k less expensive than the typical property.
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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
Morecambe station is the nearest stop to Flat 2, 12-14, Alexandra Road, Morecambe at 1.1 kilometres away.
- 1.1kmMorecambe
- 3.3kmBare Lane
- 4.0kmHeysham 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 low risk of flooding.
