Phillips Lane, Formby, Liverpool
AB

Phillips Lane, Formby, Liverpool

By Abode

£ 525,000

Reviews

3 out of 5 stars

Abode says ..

This charming and spacious family home is the perfect blend of character and modern convenience. With FIVE double bedrooms, including a generously sized top floor and multiple living spaces, it offers comfort and flexibility for family life. The ground floor boasts a cosy front living room with o...

Property Oracle says ..

This five-bedroom, three-bathroom property located on Phillips Lane in Formby presents a compelling opportunity for families seeking a substantial home in a desirable area. The property benefits from a recent extension adding a modern open-plan kitchen and living area which is light and spacious thanks to the addition of multiple skylights and bi-fold doors opening into a relatively large garden.

The interior images showcase a blend of modern updates, including the kitchen/extension, and features indicative of the property’s original character, such as fireplaces and traditional molding. The overall aesthetic could be described as a comfortable, updated family home, although some rooms show decor choices that are not universally appealing and could be subjective.

Formby’s reputation for good schools, convenient transportation links, and close proximity to the beach significantly enhances the property’s value. While the precise plot size is not available, the photos indicate a sizable, well-maintained garden.

The asking price of £525,000 requires further context regarding the average price per square foot in the immediate vicinity to definitively assess its value. Nevertheless, based on comparable properties in the area which also lack detailed SQFT data, the price appears reasonable for a property of this size and specification. More precise information on the property’s square footage and a detailed survey would strengthen the ability to give a more accurate appraisal.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
6
Bedrooms
5
Bathrooms
3
Sqft (est)
2,254.39

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
191,154.00 £
Decreased by 45.17 %
from 348,637.00 £
Est sale value
421,570.93 £
Decreased by 36.39 %
from 662,790.66 £
Average area rental value
1,267.00 £/mo
Increased by 0.48 %
from 1,261.00 £/mo
Est letting value
2,254.39 £/mo
Unchanged by 0.00 %
from 2,254.39 £/mo
Est rental Yield
7.95 %
Increased by 83.18 %
from 4.34 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Abode created the listing.

Nearby Schools

NameTypeOfstedDistance
Redgate Community Primary SchoolCommunity SchoolGood0.76 KM
Our Lady Of Compassion Catholic Primary SchoolVoluntary Aided SchoolGood0.87 KM
Freshfield Children'S CentreChildren's Centre1.14 KM
Formby High SchoolAcademy Converter1.29 KM
Freshfield Primary SchoolCommunity SchoolOutstanding1.38 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Conifer Court £ 250,00000.00 KM
Bill's Lane £ 650,00000.00 KM
School Lane £ 000.00 KM
Chapelhouse Walk £ 000.00 KM
Page Court £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Formby2354FBY1.32 KM
Freshfield2355FRE2.00 KM
Hightown2356HTO3.15 KM
Ainsdale2350ANS5.70 KM
Hall Road2229HLR6.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
Phillips Lane, Formby, Liverpool £ 525,000BUY7 / 100.00 KM
Conifer Court, Phillips Lane, Formby, L37 £ 250,000BUY6 / 100.10 KM
Liverpool Road, Formby, Liverpool £ 425,000BUY7 / 100.14 KM
Birkey Lane, Formby, Liverpool £ 365,000BUY8 / 100.14 KM
Conifer Court, Phillips Lane, Formby, L37 £ 180,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
82 Phillips Lane £ 410,0000.01 KM
90 Phillips Lane £ 192,0000.01 KM
92 Phillips Lane £ 660,0000.01 KM
68 Phillips Lane £ 360,0000.01 KM
74 Phillips Lane £ 350,0000.01 KM