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5 Lodges Grove is a residential building situated on Lodges Grove, Morecambe, LA4 with 3 addresses.
It ranks as the 720th largest and 1053rd most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 3 properties: 3 flats.
5 Lodges Grove is a residential building situated on Lodges Grove, Morecambe, LA4 with 3 addresses.
It ranks as the 720th largest and 1053rd most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £177,116 for 3 bedroom leasehold flats (1,022 ft2) to £327,694 for 4 bedroom freehold houses with a garden (1,216 ft2) .
Monthly rental prices range from £694 pcm for 3 bed flats to £1,042 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 4.7%.
The average value per square foot is £173.
The last sale in 5 Lodges Grove sold for £365,000 on 31st August 2023. Since then prices are up an average of 0.9%.
The current average value in the building is £234,765.
The 5 Lodges Grove Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £234,765 |
| May 2025 | 1.1% | £235,785 |
| May 2024 | 0.7% | £233,150 |
| May 2023 | 3.1% | £231,551 |
| May 2022 | 11.1% | £224,635 |
| May 2021 | 5.7% | £202,161 |
| May 2020 | 3.9% | £191,317 |
| May 2019 | 1.9% | £184,222 |
| May 2018 | 1.2% | £180,791 |
| May 2017 | 2.4% | £178,676 |
| May 2016 | 1% | £174,404 |
| May 2015 | 3.9% | £172,735 |
| May 2014 | 4.4% | £166,312 |
| May 2013 | -2.9% | £159,243 |
| May 2012 | -0.7% | £164,036 |
| May 2011 | -1.3% | £165,168 |
| May 2010 | 4.7% | £167,259 |
| May 2009 | -10.1% | £159,684 |
| May 2008 | 0.7% | £177,565 |
| May 2007 | 0% | £176,392 |
The current average rental value in the building is £836.
The 5 Lodges Grove Rental Market has increased by 42.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £836pcm |
| May 2025 | 4.9% | £810pcm |
| May 2024 | 10.6% | £772pcm |
| May 2023 | 4.4% | £698pcm |
| May 2022 | 7.7% | £669pcm |
| May 2021 | 1.7% | £621pcm |
| May 2020 | 3% | £610pcm |
| May 2019 | 1.2% | £593pcm |
| May 2018 | 0% | £585pcm |
| May 2017 | -0.3% | £586pcm |
| May 2016 | 0.9% | £587pcm |
| May 2015 | 2.3% | £582pcm |
| May 2014 | -0.2% | £569pcm |
| May 2013 | 0.3% | £570pcm |
| May 2012 | -0.6% | £568pcm |
| May 2011 | 2.9% | £572pcm |
| May 2010 | 4.2% | £555pcm |
| May 2009 | -2.8% | £533pcm |
| May 2008 | 6.8% | £548pcm |
| May 2007 | 0% | £513pcm |
The last sale was on 31st August 2023 for £365,000 and since then the market in the area has increased by 0.9%. The building has had a total of 8 sales since 1995.
5, Lodges Grove, Morecambe, LA4 6HE has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 5, Lodges Grove, Morecambe, LA4 6HE is Bare Lane station which is 100 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Lodges Grove, Morecambe, LA4 6HE, 49.3% of property is privately owned outright and 36.6% 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 5, Lodges Grove, Morecambe, LA4 6HE, 18.0% of residents are recorded as possessing school level qualifications and 34.1% 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 5, Lodges Grove, Morecambe, LA4 6HE, the average age was 53.7 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 5, Lodges Grove, Morecambe, LA4 6HE, 1.6% 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 5, Lodges Grove, Morecambe, LA4 6HE, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.