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According to the public record, Flat 2, Rye Bank 16, Carnforth is a period leasehold apartment with 1,657 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Rye Bank 16, Carnforth is £413,576 and the estimated rental value is £1,597 per month.
The apartment is within Rye Bank, Church Hill, Arnside, Carnforth, LA5.
Church Hill, Arnside, Carnforth, LA5 is located within the LA5 postal district.
Flat 2, Rye Bank 16, Carnforth has 31 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated June 2019.
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.
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, Rye Bank 16, Carnforth is in very good condition we estimate a sale value of £434,254 and a rental value of £1,677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,625 and a rental value of £1,485 per month.
Over the last 12 months the sale value of Flat 2 Rye Bank 16 Carnforth has decreased by an estimated £1,736 (0.4%) and its rental value has increased by an estimated £46 per month (2.9%), giving an expected gross yield of 4.6%.
Flat 2, Rye Bank 16, Carnforth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jun 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Rye Bank 16, Carnforth was last sold on 11th October 2019 for £370,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2019, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Rye Bank 16, Carnforth within a radius of 3.1 kilometres over the last 2 years.
The most recent example is Apartment 17, The Grange, Knott Lane, Carnforth, LA5 0BP, a leasehold flat which sold for £395,000 on the 10th March 2021.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Hill, Arnside, Carnforth, LA5 has a total of 75 addresses. According to our analysis of all the public data, Flat 2, Rye Bank 16, Carnforth is the 18th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in LA5.
The closest station to Flat 2, Rye Bank 16, Carnforth is Arnside station which is 300 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Rye Bank 16, Carnforth, 66.1% of property is privately owned outright and 15.7% is privately rented.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Rye Bank 16, Carnforth, 7.2% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Rye Bank 16, Carnforth, the average age was 49.6 and the most common age was 72.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Rye Bank 16, Carnforth, 2.6% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Rye Bank 16, Carnforth, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
