Be the first Estate
Agent here!
5 Park Street is a residential building situated on Park Street, Morecambe, LA4 with 5 addresses.
It ranks as the 957th largest and 244th most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
5 Park Street is a residential building situated on Park Street, Morecambe, LA4 with 5 addresses.
It ranks as the 957th largest and 244th most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £79,892 for 2 bedroom leasehold flats (538 ft2) to £101,694 for 2 bedroom leasehold flats (548 ft2) .
Monthly rental prices range from £588 pcm for 2 bed flats to £634 pcm for 2 bed flats.
The gross rental yield is between 7.5% and 8.8%.
The average value per square foot is £147.
The last sale in 5 Park Street sold for £76,000 on 3rd December 2025. Since then prices are up an average of 1.6%.
The current average value in the building is £85,033.
The 5 Park Street Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £85,033 |
| May 2025 | 1.4% | £84,807 |
| May 2024 | 1% | £83,653 |
| May 2023 | 2.3% | £82,862 |
| May 2022 | 10.8% | £80,983 |
| May 2021 | 4.8% | £73,119 |
| May 2020 | 3.6% | £69,782 |
| May 2019 | 1.5% | £67,353 |
| May 2018 | 0.9% | £66,363 |
| May 2017 | 1.7% | £65,754 |
| May 2016 | -0.4% | £64,639 |
| May 2015 | 3.6% | £64,891 |
| May 2014 | 4% | £62,642 |
| May 2013 | -4.1% | £60,206 |
| May 2012 | -1.2% | £62,792 |
| May 2011 | -2.2% | £63,556 |
| May 2010 | 0.7% | £64,955 |
| May 2009 | -11.7% | £64,529 |
| May 2008 | 0% | £73,083 |
| May 2007 | 0% | £73,082 |
The current average rental value in the building is £599.
The 5 Park Street Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £599pcm |
| May 2025 | 5.4% | £577pcm |
| May 2024 | 11.1% | £547pcm |
| May 2023 | 3.7% | £492pcm |
| May 2022 | 6.4% | £475pcm |
| May 2021 | 1.4% | £446pcm |
| May 2020 | 2.3% | £440pcm |
| May 2019 | 0.4% | £430pcm |
| May 2018 | -0.6% | £428pcm |
| May 2017 | -0.9% | £431pcm |
| May 2016 | -0.4% | £435pcm |
| May 2015 | 2.3% | £437pcm |
| May 2014 | -1.6% | £427pcm |
| May 2013 | 0% | £434pcm |
| May 2012 | -1.2% | £434pcm |
| May 2011 | 1.9% | £439pcm |
| May 2010 | 0.4% | £431pcm |
| May 2009 | -5% | £429pcm |
| May 2008 | 7% | £452pcm |
| May 2007 | 0% | £422pcm |
The last sale was on 3rd December 2025 for £76,000 and since then the market in the area has increased by 1.6%. The building has had a total of 3 sales since 1995.
5, Park Street, Morecambe, LA4 6BN has seen 2 sales in the last three years and 1 sale in the last twelve months.
The closest station to 5, Park Street, Morecambe, LA4 6BN is Bare Lane station which is 500 metres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Park Street, Morecambe, LA4 6BN, 54.3% of property is privately rented and 26.8% is privately owned outright.
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, Park Street, Morecambe, LA4 6BN, 18.8% of residents are recorded as possessing school level qualifications and 30.0% 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, Park Street, Morecambe, LA4 6BN, 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, Park Street, Morecambe, LA4 6BN, 1.5% 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, Park Street, Morecambe, LA4 6BN, 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.
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.