LA4 5RZ is a residential postcode situated on Lowlands Road, Morecambe, LA4 with 4 addresses.
It ranks as the 154th largest and 59th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
LA4 5RZ is a residential postcode situated on Lowlands Road, Morecambe, LA4 with 4 addresses.
It ranks as the 154th largest and 59th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode 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 LA4 5RZ sold for £87,000 on 17th December 2024. Since then prices are up an average of 1.0%.
The current average value in the postcode is £87,117.
The LA4 5RZ 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 postcode is £557.
The LA4 5RZ 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 postcode has had a total of 9 sales since 1995.
LA4 5RZ has seen 2 sales in the last three years and no sales in the last twelve months.
LA4 5RZ is the 154th largest and the 59th most expensive postcode out of the 1,421 postcodes in the LA4 area.
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The closest station to LA4 5RZ is Morecambe station which is 1.2 kilometres away.
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