Flat 2, 48
Flat 2, 48
Description & Estimates
According to the public record, Flat 2, 48, Sandylands Promenade, Morecambe is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 48, Sandylands Promenade, Morecambe is £94,617 and the estimated rental value is £634 per month.
The apartment is within 48, Sandylands Promenade, Heysham, Morecambe, LA3.
Sandylands Promenade, Heysham, Morecambe, LA3 is located in the borough of Lancaster within the LA3 postal district.
Our Data Sources
Flat 2, 48, Sandylands Promenade, Morecambe has a single entry in the Land Registry from November 2012 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 48, Sandylands Promenade, Morecambe is in very good condition we estimate a sale value of £99,348 and a rental value of £666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,994 and a rental value of £590 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 48, Sandylands Promenade, Morecambe has fallen by £136 (0.1%), while its estimated rental value has moved up by £22 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 8.0%.
Sold Prices
According to HM Land Registry, Flat 2, 48, Sandylands Promenade, Morecambe was last sold on 2nd November 2012 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen by 23.1%.
- Sold Nov 2012£60,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 48, Sandylands Promenade, Morecambe within a radius of 480 metres over the last 2 years.
The most recent example is Flat 5, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DW, a leasehold flat which sold for £105,000 on the 12th July 2024.
Read more about house prices in LA3.
- Sold Jul 2024£105,000 | 2 Bed FlatFlat 5, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DWFlat 5, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DW
- Sold Jan 2023£95,000 | 2 Bed FlatFlat 8, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DWFlat 8, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DW
- Sold Dec 2022£122,000 | 2 Bed FlatFlat 3, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DWFlat 3, Atlantic House 57, Sandylands Promenade, Morecambe, LA3 1DW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Sandylands Promenade, Heysham, Morecambe, LA3 has a total of 296 addresses. According to our analysis of all the public data, Flat 2, 48, Sandylands Promenade, Morecambe is the 224th largest and the 270th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in LA3.
More reading links
Schools Nearby
- 400mMorecambe and Heysham Sandylands Community Primary School
- 700mWest End Primary School
- 1.3kmMossgate Primary School
- 700mBay Leadership Academy
- 2.9kmMorecambe Bay Academy
- 5.7kmOur Lady's Catholic College
More reading links
Public Transport Nearby
The closest station to Flat 2, 48, Sandylands Promenade, Morecambe is Morecambe station, which is 1.5 kilometres away.
- 1.5kmMorecambe
- 3.6kmHeysham Port
- 3.7kmBare Lane
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
