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54 Westminster Road is a residential building situated on Westminster Road, Morecambe, LA4 with 2 addresses.
It ranks as the 434th largest and 662nd 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 2 properties: 2 flats.
54 Westminster Road is a residential building situated on Westminster Road, Morecambe, LA4 with 2 addresses.
It ranks as the 434th largest and 662nd 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 2 properties: 2 flats.
Sale prices range from £108,301 for 2 bedroom Leasehold flats with a garden (925 ft2) to £109,366 for 2 bedroom Leasehold flats (947 ft2) .
Monthly rental prices range from £621 pcm for 2 bed flats to £624 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 6.9%.
The average value per square foot is £116.
The last sale in 54 Westminster Road sold for £90,000 on 4th July 2008. Since then prices are up an average of 18.4%.
The current average value in the building is £108,833.
The 54 Westminster Road Sales Market has increased by 37.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.5% | £108,833 |
| May 2025 | 2% | £108,335 |
| May 2024 | 0.7% | £106,255 |
| May 2023 | 2.4% | £105,503 |
| May 2022 | 13.4% | £103,000 |
| May 2021 | 4.3% | £90,837 |
| May 2020 | 3.3% | £87,074 |
| May 2019 | 2.1% | £84,254 |
| May 2018 | 1.6% | £82,552 |
| May 2017 | 2.4% | £81,247 |
| May 2016 | -1.6% | £79,319 |
| May 2015 | 4.2% | £80,648 |
| May 2014 | 3.9% | £77,386 |
| May 2013 | -5.5% | £74,516 |
| May 2012 | -1% | £78,813 |
| May 2011 | -3.1% | £79,646 |
| May 2010 | -0.7% | £82,209 |
| May 2009 | -11.9% | £82,781 |
| May 2008 | -0.2% | £93,997 |
| May 2007 | 0% | £94,160 |
The current average rental value in the building is £623.
The 54 Westminster Road Rental Market has increased by 42.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £623pcm |
| May 2025 | 6% | £598pcm |
| May 2024 | 11% | £564pcm |
| May 2023 | 3.9% | £508pcm |
| May 2022 | 8.2% | £489pcm |
| May 2021 | 1.4% | £452pcm |
| May 2020 | 1.7% | £446pcm |
| May 2019 | 0.7% | £438pcm |
| May 2018 | -0.1% | £435pcm |
| May 2017 | -0.3% | £436pcm |
| May 2016 | -1.5% | £437pcm |
| May 2015 | 2.9% | £443pcm |
| May 2014 | -2.5% | £431pcm |
| May 2013 | -0.8% | £442pcm |
| May 2012 | -1.1% | £445pcm |
| May 2011 | 0.9% | £450pcm |
| May 2010 | -0.7% | £446pcm |
| May 2009 | -5.4% | £449pcm |
| May 2008 | 7.2% | £475pcm |
| May 2007 | 0% | £443pcm |
The last sale was on 4th July 2008 for £90,000 and since then the market in the area has increased by 18.4%. The building has had a total of 1 sales since 1995.
54, Westminster Road, Morecambe, LA4 4JD has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 54, Westminster Road, Morecambe, LA4 4JD is Morecambe station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 54, Westminster Road, Morecambe, LA4 4JD, 46.2% of property is privately rented and 29.7% 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 54, Westminster Road, Morecambe, LA4 4JD, 23.5% of residents are recorded as possessing school level qualifications and 22.5% 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 54, Westminster Road, Morecambe, LA4 4JD, 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 54, Westminster Road, Morecambe, LA4 4JD, 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 54, Westminster Road, Morecambe, LA4 4JD, 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.