Flat 6, Princes Gardens
Flat 6, Princes Gardens
Description & Estimates
The public record describes Flat 6, Princes Gardens, Morecambe as a modern apartment with 717 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 6, Princes Gardens, Morecambe has an estimated sale value of £157,129 and an estimated rental value of £720 per month, assuming reasonable condition and based on the information available.
The apartment sits within Princes Gardens, Bare Lane, Morecambe, LA4.
Bare Lane, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
Flat 6, Princes Gardens, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 6, Princes Gardens, Morecambe would be worth £164,985, with a potential rental value of £756 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £146,130, with a rental value of £670 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 6, Princes Gardens, Morecambe has fallen by £226 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (3.5%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 6, Princes Gardens, Morecambe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Oct 2008.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 6, Princes Gardens, Morecambe across the last 2 years.
Most recently, Flat 2, Princes Gardens, Bare Lane, Morecambe, LA4 6RS, a leasehold flat, sold at £155,000 on the 16th May 2024.
Read more about house prices in LA4.
- Sold May 2024£155,000 | 2 Bed FlatFlat 2, Princes Gardens, Bare Lane, Morecambe, LA4 6RSFlat 2, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
- Sold Jul 2022£155,000 | 2 Bed FlatFlat 8, Princes Gardens, Bare Lane, Morecambe, LA4 6RSFlat 8, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
- Sold Apr 2022£168,000 | 2 Bed FlatFlat 5, Princes Gardens, Bare Lane, Morecambe, LA4 6RSFlat 5, Princes Gardens, Bare Lane, Morecambe, LA4 6RS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 6, Princes Gardens, Morecambe as the 155th largest and the 141st most expensive of the 194 addresses on Bare Lane, Morecambe, LA4.
Against the LA4 postcode district average, it is £35k less expensive than the typical property.
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Schools Nearby
- 200mGreat Wood Primary School
- 300mMorecambe and Heysham Torrisholme Community Primary School
- 900mLancaster Road Primary School
- 1.1kmMorecambe Bay Academy
- 2.8kmOur Lady's Catholic College
- 3.1kmBay Leadership Academy
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Public Transport Nearby
Bare Lane station is the nearest stop to Flat 6, Princes Gardens, Morecambe at 500 metres away.
- 500mBare Lane
- 2.3kmMorecambe
- 3.0kmLancaster
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
