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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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Flat 4, 231, Heysham Road, Morecambe is described in the public record as a period apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 231, Heysham Road, Morecambe is £96,830 and its rental estimate is £628 per month, given the available information and assuming reasonable condition.
231, Heysham Road is a residential building on Heysham Road, Heysham, Morecambe, LA3 and falls within the LA3 postal district and the borough of Lancaster.
Flat 4, 231, Heysham Road, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated November 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.
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 4, 231, Heysham Road, Morecambe, we estimate a market value of £101,672 and a rental value of £659 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £90,052 and £584 per month respectively.
Over the last year, Flat 4, 231, Heysham Road, Morecambe has seen its estimated sale value drop by £139 (0.1%) and its estimated rental value rise by £22 per month (3.5%). This results in an estimated gross rental yield of 7.8%.
Flat 4, 231, Heysham Road, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 4, 231, Heysham Road, Morecambe have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th February 2024, was Flat 1, 90, Sandylands Promenade, Morecambe, LA3 1DP, a leasehold flat which sold for £127,000.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 417 addresses on Heysham Road, Heysham, Morecambe, LA3, Flat 4, 231, Heysham Road, Morecambe comes out as the 379th largest and the 332nd most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the LA3 district.
From Flat 4, 231, Heysham Road, Morecambe, the nearest station is Morecambe, 1.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 231, Heysham Road, Morecambe, 31.4% of property is privately owned outright and 24.8% 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 4, 231, Heysham Road, Morecambe, 15.3% of residents are recorded as possessing school level qualifications and 23.2% 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 4, 231, Heysham Road, Morecambe, the average age was 38.9 and the most common age was 57.
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 4, 231, Heysham Road, Morecambe, 0.8% 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 4, 231, Heysham Road, Morecambe, 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.
