Flat 3, 49
Flat 3, 49
Description & Estimates
Flat 3, 49, Fairfield Road, Morecambe is described in the public record as an early-century apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 49, Fairfield Road, Morecambe is £169,094 and its rental estimate is £891 per month, given the available information and assuming reasonable condition.
49, Fairfield Road is a residential building on Fairfield Road, Heysham, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Our Data Sources
Flat 3, 49, Fairfield Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
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, 49, Fairfield Road, Morecambe, we estimate a market value of £177,548 and a rental value of £935 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,257 and £828 per month respectively.
Recent Market Change
Over the last year, Flat 3, 49, Fairfield Road, Morecambe has seen its estimated sale value decrease by £243 (0.1%) and its estimated rental value grow by £31 per month (3.5%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 3, 49, Fairfield Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2022.
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 2 properties similar to Flat 3, 49, Fairfield Road, Morecambe have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2018, was Flat 1, 45, Fairfield Road, Morecambe, LA3 1ES, a leasehold flat which sold for £88,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 135 addresses on Fairfield Road, Heysham, Morecambe, LA3, Flat 3, 49, Fairfield Road, Morecambe comes out as the 133rd largest and the 92nd most expensive in our analysis of the public data.
It is also £23k less expensive than the average property across the LA3 district.
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Schools Nearby
- 200mMorecambe and Heysham Sandylands Community Primary School
- 700mWest End Primary School
- 1.1kmMossgate Primary School
- 500mBay Leadership Academy
- 2.9kmMorecambe Bay Academy
- 5.6kmOur Lady's Catholic College
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Public Transport Nearby
From Flat 3, 49, Fairfield Road, Morecambe, the nearest station is Morecambe, 1.6 kilometres away.
- 1.6kmMorecambe
- 3.5kmHeysham Port
- 3.7kmBare Lane
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.
