Flat 2, 51
Flat 2, 51
Description & Estimates
The public record lists Flat 2, 51, Chatsworth Road, Morecambe as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 366 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 51, Chatsworth Road, Morecambe has an estimated sale value of £98,829 and an estimated rental value of £529 per month, assuming reasonable condition and based on the information available.
The apartment sits within 51, Chatsworth Road, Morecambe, LA4.
Chatsworth Road, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
Flat 2, 51, Chatsworth Road, Morecambe has a single entry in the Land Registry from July 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 51, Chatsworth Road, Morecambe would be worth £103,771, with a potential rental value of £556 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £91,911, with a rental value of £492 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, 51, Chatsworth Road, Morecambe has climbed by £120 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (3.8%). The property's estimated gross yield is currently 6.4%.
Sold Prices
Flat 2, 51, Chatsworth Road, Morecambe last changed hands on 25th July 2012, selling for £22,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 33.4% since July 2012.
- Sold Jul 2012£22,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 350 metres of Flat 2, 51, Chatsworth Road, Morecambe across the last 2 years.
Most recently, Flat 2, 48, Claremont Road, Morecambe, LA4 4HL, a leasehold flat, sold at £30,100 on the 5th March 2014.
Read more about house prices in LA4.
•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, 51, Chatsworth Road, Morecambe as the 107th largest and the 90th most expensive of the 112 addresses on Chatsworth Road, Morecambe, LA4.
Against the LA4 postcode district average, it is £94k less expensive than the typical property.
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Schools Nearby
- 100mWest End Primary School
- 600mMorecambe and Heysham Sandylands Community Primary School
- 1.1kmMorecambe and Heysham Westgate Primary School
- 500mBay Leadership Academy
- 2.1kmMorecambe Bay Academy
- 5.0kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to Flat 2, 51, Chatsworth Road, Morecambe at 800 metres away.
- 800mMorecambe
- 2.9kmBare Lane
- 4.2kmHeysham 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.
