Flat 2, 49 Balmoral Road, Morecambe, LA4 4JR is a leasehold flat built between 1900-1929. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £54,164 , which equates to approximately £99 per square foot. It was last sold on 24 Aug 2018 for £46,000. Since then, the value has increased by £8,164, representing a 17.7% increase, or approximately 2.4% per year.

The current estimated value of £54,164 is:

  • 70.5% lower than the average property price on Balmoral Road
  • 65.4% lower than the average in the LA4 4JR postcode area
  • and 71.4% lower than the average price for Morecambe as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 20 September 2020, the property was recorded as rented.

View sold house prices in LA4 4JR

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£54,164
Price Per sq ft (estimate)
£99
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 49 Balmoral Road, Morecambe, Lancaster, Lancashire, LA4 4JR has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 20 Sep 2020.

This property uses electric room heaters as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Feb 2009, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 40.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Gas multipoint
Average
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA4 4JR

15 th / 16
Price Rank
65% lower than average
10 th / 10
Size Rank
34% smaller than average
9 th / 10
Price Per Sq FT Rank
48% lower than average

Compared to other properties in LA4 4JR , this flat's estimated value ranks 15th out of 16. Based on price per square foot, it ranks 9th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 10 properties in its postcode area.

Sale History

Today
£54,164
streetscan.co.uk estimate
+18 %
24 Aug 2018
£46,000
Leasehold
-13.2 %
16 Jul 2010
£53,000
Leasehold
-31.4 %
29 Feb 2008
£77,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £84,500
sale date: 28 Dec 2022
rooms: 3
size: 603 sq ft
sale price: £86,000
sale date: 18 Dec 2020
rooms: 3
size: 527 sq ft
sale price: £53,500
sale date: 9 Dec 2019
rooms: 3
size: 517 sq ft
sale price: £73,000
sale date: 7 Apr 2017
rooms: 2
size: 581 sq ft
sale price: £50,000
sale date: 20 Jan 2017

Data Sources

The property at Flat 2, 49 Balmoral Road, Morecambe, LA4 4JR appears three times in the Land Registry records, with the latest transaction recorded on 24 Aug 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.