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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 4, 34, Back Crescent Street, Morecambe is a modern leasehold apartment with 635 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 4, 34, Back Crescent Street, Morecambe is £214,007 and the estimated rental value is £911 per month.
The apartment is within 34, Back Crescent Street, Morecambe, LA4.
Back Crescent Street, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Flat 4, 34, Back Crescent Street, Morecambe has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated July 2024.
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 4, 34, Back Crescent Street, Morecambe is in very good condition we estimate a sale value of £224,707 and a rental value of £956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,026 and a rental value of £847 per month.
Over the last 12 months the sale value of Flat 4 34 Back Crescent Street Morecambe has increased by an estimated £1,371 (0.6%) and its rental value has increased by an estimated £35 per month (3.8%), giving an expected gross yield of 5.1%.
Flat 4, 34, Back Crescent Street, Morecambe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 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 4, 34, Back Crescent Street, Morecambe was last sold on 16th August 2024 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has risen 43.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 34, Back Crescent Street, Morecambe within a radius of 580 metres over the last 2 years.
The most recent example is Flat 402, Queen Square, Station Road, Morecambe, LA4 5JL, a leasehold flat which sold for £47,500 on the 30th January 2024.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Crescent Street, Morecambe, LA4 has a total of 8 addresses. According to our analysis of all the public data, Flat 4, 34, Back Crescent Street, Morecambe is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in LA4.
The closest station to Flat 4, 34, Back Crescent Street, Morecambe is Morecambe station which is 300 metres away.
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 4, 34, Back Crescent Street, Morecambe, 74.6% of property is privately rented and 14.5% is privately owned outright.
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, 34, Back Crescent Street, Morecambe, 11.8% of residents are recorded as possessing school level qualifications and 15.7% 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, 34, Back Crescent Street, Morecambe, the average age was 40.4 and the most common age was 37.
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, 34, Back Crescent Street, Morecambe, 0.0% 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, 34, Back Crescent Street, Morecambe, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
