Flat 3, 117
Flat 3, 117
Description & Estimates
Flat 3, 117, Balmoral Road, Morecambe is described in the public record as a period apartment with 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 117, Balmoral Road, Morecambe is £90,551 and its rental estimate is £626 per month, given the available information and assuming reasonable condition.
117, Balmoral Road is a residential building on Balmoral Road, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Our Data Sources
Flat 3, 117, Balmoral Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 117, Balmoral Road, Morecambe, we estimate a market value of £95,079 and a rental value of £658 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £84,212 and £582 per month respectively.
Recent Market Change
Over the last year, Flat 3, 117, Balmoral Road, Morecambe has seen its estimated sale value fall by £130 (0.1%) and its estimated rental value move up by £22 per month (3.5%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
Flat 3, 117, Balmoral Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2024.
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
Over the past 2 years 3 properties similar to Flat 3, 117, Balmoral Road, Morecambe have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th December 2019, was Flat 4, 25, Marine Road West, Morecambe, LA3 1BY, a leasehold flat which sold for £65,000.
Read more about house prices in LA3.
- Sold Dec 2019£65,000 | 2 Bed Flat25, Marine Road WestFlat 4, 25, Marine Road West, Morecambe, LA3 1BY
- Sold Aug 2019£106,000 | 2 Bed Flat111, Alexandra RoadFlat 1, 111, Alexandra Road, Morecambe, LA3 1RR
- Sold Jun 2019£70,000 | 2 Bed Flat25, Marine Road WestFlat 2, 25, Marine Road West, Morecambe, LA3 1BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 103 addresses on Balmoral Road, Morecambe, LA3, Flat 3, 117, Balmoral Road, Morecambe comes out as the 85th largest and the 96th most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the LA3 district.
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Schools Nearby
- 200mMorecambe and Heysham Sandylands Community Primary School
- 400mWest End Primary School
- 1.3kmMorecambe and Heysham Westgate Primary School
- 200mBay Leadership Academy
- 2.5kmMorecambe Bay Academy
- 5.2kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From Flat 3, 117, Balmoral Road, Morecambe, the nearest station is Morecambe, 1.2 kilometres away.
- 1.2kmMorecambe
- 3.3kmBare Lane
- 3.8kmHeysham Port
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
