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2 Lowlands Road is a residential building situated on Lowlands Road, Morecambe, LA4 with 4 addresses.
It ranks as the 868th largest and 361st most expensive of the 1,155 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 4 properties: 4 flats.
2 Lowlands Road is a residential building situated on Lowlands Road, Morecambe, LA4 with 4 addresses.
It ranks as the 868th largest and 361st most expensive of the 1,155 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 4 properties: 4 flats.
Sale prices range from £82,195 for 2 bedroom leasehold flats (581 ft2) to £89,324 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £550 pcm for 2 bed flats to £560 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 8.0%.
The average value per square foot is £127.
The last sale in 2 Lowlands Road sold for £87,000 on 17th December 2024. Since then prices are up an average of 1.0%.
The current average value in the building is £87,117.
The 2 Lowlands Road Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £87,117 |
| April 2025 | 1.8% | £86,159 |
| April 2024 | 1.3% | £84,605 |
| April 2023 | 2.5% | £83,548 |
| April 2022 | 12.5% | £81,501 |
| April 2021 | 4.7% | £72,468 |
| April 2020 | 2.5% | £69,203 |
| April 2019 | 1.6% | £67,530 |
| April 2018 | 1.2% | £66,478 |
| April 2017 | 2.6% | £65,681 |
| April 2016 | -2.5% | £64,014 |
| April 2015 | 4.8% | £65,666 |
| April 2014 | 3.1% | £62,687 |
| April 2013 | -4.6% | £60,777 |
| April 2012 | -0.7% | £63,724 |
| April 2011 | -4.9% | £64,187 |
| April 2010 | 0.1% | £67,473 |
| April 2009 | -12.6% | £67,396 |
| April 2008 | 1.3% | £77,103 |
| April 2007 | 0% | £76,126 |
The current average rental value in the building is £557.
The 2 Lowlands Road Rental Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £557pcm |
| April 2025 | 3.6% | £534pcm |
| April 2024 | 11.1% | £516pcm |
| April 2023 | 3.5% | £464pcm |
| April 2022 | 7.7% | £448pcm |
| April 2021 | -0.5% | £416pcm |
| April 2020 | 1.5% | £419pcm |
| April 2019 | 1.7% | £412pcm |
| April 2018 | -0.3% | £406pcm |
| April 2017 | -1.7% | £407pcm |
| April 2016 | 0% | £414pcm |
| April 2015 | -0.7% | £414pcm |
| April 2014 | 0% | £417pcm |
| April 2013 | -1% | £417pcm |
| April 2012 | -0.3% | £421pcm |
| April 2011 | -0.1% | £423pcm |
| April 2010 | -0.3% | £423pcm |
| April 2009 | -2.5% | £424pcm |
| April 2008 | 3.3% | £435pcm |
| April 2007 | 0% | £421pcm |
The last sale was on 17th December 2024 for £87,000 and since then the market in the area has increased by 1.0%. The building has had a total of 9 sales since 1995.
2, Lowlands Road, Morecambe, LA4 5RZ has seen 2 sales in the last three years and no sales in the last twelve months.
The closest station to 2, Lowlands Road, Morecambe, LA4 5RZ is Morecambe station which is 1.2 kilometres away.
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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 2, Lowlands Road, Morecambe, LA4 5RZ, 47.4% of property is privately rented and 29.8% is privately owned with a mortgage.
The graph below shows how this compares to North West 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 2, Lowlands Road, Morecambe, LA4 5RZ, 17.2% of residents are recorded as possessing school level qualifications and 15.1% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lowlands Road, Morecambe, LA4 5RZ, the average age was 40.4 and the most common age was 37.
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 2, Lowlands Road, Morecambe, LA4 5RZ, 0.0% 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 2, Lowlands Road, Morecambe, LA4 5RZ, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.