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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 24, Watersedge, Milnthorpe is a mid-century leasehold apartment with 516 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 24, Watersedge, Milnthorpe is £146,294 and the estimated rental value is £747 per month.
The apartment is within Watersedge, Sandside, Milnthorpe, LA7.
Sandside, Milnthorpe, LA7 is located within the LA7 postal district.
Flat 24, Watersedge, Milnthorpe has 31 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 24, Watersedge, Milnthorpe is in very good condition we estimate a sale value of £153,609 and a rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,053 and a rental value of £695 per month.
Over the past 12 months, the estimated sale value of Flat 24, Watersedge, Milnthorpe has fallen by £329 (0.2%), while its estimated rental value has moved up by £25 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Flat 24, Watersedge, Milnthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 24, Watersedge, Milnthorpe was last sold on 29th July 2016 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2016, the market for similar properties has risen by 23.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Watersedge, Milnthorpe within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Flat 11, Watersedge, Milnthorpe, LA7 7HN, a leasehold flat which sold for £170,000 on the 24th September 2021.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandside, Milnthorpe, LA7 has a total of 89 addresses. According to our analysis of all the public data, Flat 24, Watersedge, Milnthorpe is the 80th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in LA7.
The closest station to Flat 24, Watersedge, Milnthorpe is Arnside station, which is 3.0 kilometres 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 24, Watersedge, Milnthorpe, 67.0% of property is privately owned outright and 17.5% is privately owned with a mortgage.
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 24, Watersedge, Milnthorpe, 3.2% of residents are recorded as possessing school level qualifications and 49.3% 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 24, Watersedge, Milnthorpe, 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 24, Watersedge, Milnthorpe, 1.3% 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 24, Watersedge, Milnthorpe, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
