1 Richmond AvenueHouse Prices / North West, Lancaster, Richmond Avenue, LA4 5XU
Key Building Insights
1 Richmond Avenue is a residential building situated on Richmond Avenue, Morecambe, LA4 with 2 addresses.
It ranks as the 13th largest and 653rd most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
1 Richmond Avenue is a residential building situated on Richmond Avenue, Morecambe, LA4 with 2 addresses.
It ranks as the 13th largest and 653rd most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 1 Richmond Avenue
Sale prices range from £101,694 for 2 bedroom leasehold flats (688 ft2) to £112,632 for 2 bedroom leasehold flats (688 ft2) .
Monthly rental prices range from £634 pcm for 2 bed flats to £660 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.5%.
The average value per square foot is £156.
Sales Market Trendsin 1 Richmond Avenue
The last sale in 1 Richmond Avenue sold for £90,000 on 24th September 2010. Since then prices are up an average of 32.8%.
The current average value in the building is £107,163.
The 1 Richmond Avenue Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £107,163 |
| May 2025 | 1.4% | £107,382 |
| May 2024 | 1% | £105,935 |
| May 2023 | 1.8% | £104,850 |
| May 2022 | 10.9% | £102,996 |
| May 2021 | 4.2% | £92,866 |
| May 2020 | 4% | £89,119 |
| May 2019 | 1.5% | £85,693 |
| May 2018 | 0.7% | £84,445 |
| May 2017 | 1.6% | £83,851 |
| May 2016 | -0.5% | £82,533 |
| May 2015 | 3.9% | £82,952 |
| May 2014 | 4.6% | £79,839 |
| May 2013 | -4.5% | £76,352 |
| May 2012 | -1.1% | £79,931 |
| May 2011 | -2% | £80,857 |
| May 2010 | 0.6% | £82,521 |
| May 2009 | -11.7% | £82,017 |
| May 2008 | 0% | £92,890 |
| May 2007 | 0% | £92,870 |
Rental Market Trendsin 1 Richmond Avenue
The current average rental value in the building is £647.
The 1 Richmond Avenue Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £647pcm |
| May 2025 | 5.4% | £625pcm |
| May 2024 | 11.3% | £593pcm |
| May 2023 | 3.3% | £533pcm |
| May 2022 | 6% | £516pcm |
| May 2021 | 1.2% | £487pcm |
| May 2020 | 2.4% | £481pcm |
| May 2019 | 0.2% | £470pcm |
| May 2018 | -1% | £469pcm |
| May 2017 | -1.1% | £474pcm |
| May 2016 | -0.4% | £479pcm |
| May 2015 | 2.6% | £481pcm |
| May 2014 | -1.7% | £469pcm |
| May 2013 | 0.1% | £477pcm |
| May 2012 | -1.2% | £476pcm |
| May 2011 | 2% | £482pcm |
| May 2010 | 0.6% | £472pcm |
| May 2009 | -5.1% | £469pcm |
| May 2008 | 7.4% | £495pcm |
| May 2007 | 0% | £461pcm |
Explore Propertiesin 1, Richmond Avenue, Morecambe, LA4 5XU
Sales Historyin 1, Richmond Avenue, Morecambe, LA4 5XU
The last sale was on 24th September 2010 for £90,000 and since then the market in the area has increased by 32.8%. The building has had a total of 2 sales since 1995.
1, Richmond Avenue, Morecambe, LA4 5XU has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 1 Richmond Avenue
- 1 mid-century flat built between 1936 and 1979
- 1 other address of unknown type
- mid-century flat (1)
- Unknown (1)
Energy Efficiencyof properties in 1 Richmond Avenue
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Richmond Avenue, Morecambe, LA4
Schools Nearby
- 100mLancaster Road Primary School
- 700mSt Mary's Catholic Primary School, Morecambe
- 700mGreat Wood Primary School
- 800mMorecambe Bay Academy
- 2.3kmBay Leadership Academy
- 3.3kmOur Lady's Catholic College
More reading links
Public Transport Nearby
The closest station to 1, Richmond Avenue, Morecambe, LA4 5XU is Bare Lane station, which is 1.0 kilometres away.
- 1.0kmBare Lane
- 1.6kmMorecambe
- 3.4kmLancaster
- 5.9kmHeysham Port
