According to the public record, 6, Albert Road, Grange-Over-Sands is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Albert Road, Grange-Over-Sands, LA11 is located in the borough of South Lakeland within the LA11 postal district.
6, Albert Road, Grange-Over-Sands has 41 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Albert Road Grange-Over-Sands as £140,367 and the rental value as £800 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 6 Albert Road Grange-Over-Sands has increased by £489 (0.3%) and its rental value has increased by £37 per month (4.7%).
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 6, Albert Road, Grange-Over-Sands is in very good condition we estimate a sale value of £147,385 and rental value of £840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,541 and a rental value of £744 per month.
If you were able to purchase this property for the estimated value of £140,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £690 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 6, Albert Road, Grange-Over-Sands was last sold on 04 Oct 2022 for £142,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Albert Road, Grange-Over-Sands within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 3 Strand Court, The Esplanade, Grange-Over-Sands, LA11 7HH, a Leasehold flat which sold for £105,000 in Sep 2023.
Read more about house prices in LA11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Grange-Over-Sands, LA11 has a total of 20 addresses. According to our analysis of all the public data, 6, Albert Road, Grange-Over-Sands is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in LA11.
6, Albert Road, Grange-Over-Sands has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Albert Road, Grange-Over-Sands is Grange-over-Sands station which is 600 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 6, Albert Road, Grange-Over-Sands, 55.8% of property is privately owned outright and 32.6% is privately rented.
The graph below shows how this compares to Greater London 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 6, Albert Road, Grange-Over-Sands, 5.6% of residents are recorded as possessing school level qualifications and 41.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Albert Road, Grange-Over-Sands, the average age was 53.1 and the most common age was 72.
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 6, Albert Road, Grange-Over-Sands, 2.8% 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 6, Albert Road, Grange-Over-Sands, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.