LA4 5XU is a residential postcode situated on Richmond Avenue, Morecambe, LA4 with 24 addresses.
It ranks as the 1061st largest and 1169th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 24 properties: 16 houses and 8 flats.
LA4 5XU is a residential postcode situated on Richmond Avenue, Morecambe, LA4 with 24 addresses.
It ranks as the 1061st largest and 1169th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 24 properties: 16 houses and 8 flats.
Sale prices range from £96,093 for 2 bedroom leasehold flats (473 ft2) to £294,505 for 4 bedroom freehold houses with a garden (1,453 ft2) .
Monthly rental prices range from £596 pcm for 2 bed flats to £1,032 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 7.4%.
The average value per square foot is £222.
The last sale in LA4 5XU sold for £258,000 on 15th December 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £211,001.
The LA4 5XU Sales Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £211,001 |
| April 2025 | 1.9% | £210,252 |
| April 2024 | 1.2% | £206,287 |
| April 2023 | 3.5% | £203,827 |
| April 2022 | 12.9% | £197,010 |
| April 2021 | 6.2% | £174,546 |
| April 2020 | 3.5% | £164,294 |
| April 2019 | 1.6% | £158,747 |
| April 2018 | 2.1% | £156,230 |
| April 2017 | 3% | £153,012 |
| April 2016 | -0.7% | £148,608 |
| April 2015 | 5% | £149,668 |
| April 2014 | 4.2% | £142,567 |
| April 2013 | -2.2% | £136,819 |
| April 2012 | 0.2% | £139,901 |
| April 2011 | -4% | £139,608 |
| April 2010 | 2.8% | £145,462 |
| April 2009 | -11.6% | £141,520 |
| April 2008 | 1.8% | £160,151 |
| April 2007 | 0% | £157,375 |
The current average rental value in the postcode is £878.
The LA4 5XU Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £878pcm |
| April 2025 | 3.7% | £849pcm |
| April 2024 | 11.1% | £818pcm |
| April 2023 | 4.4% | £737pcm |
| April 2022 | 8.2% | £705pcm |
| April 2021 | 0.9% | £652pcm |
| April 2020 | 2.6% | £646pcm |
| April 2019 | 1.7% | £630pcm |
| April 2018 | 0.6% | £619pcm |
| April 2017 | -1.4% | £616pcm |
| April 2016 | 1.8% | £624pcm |
| April 2015 | -0.4% | £613pcm |
| April 2014 | 1.1% | £616pcm |
| April 2013 | 1.4% | £609pcm |
| April 2012 | 0.7% | £601pcm |
| April 2011 | 0.7% | £597pcm |
| April 2010 | 2.3% | £592pcm |
| April 2009 | -1.4% | £579pcm |
| April 2008 | 3.8% | £587pcm |
| April 2007 | 0% | £566pcm |
The last sale was on 15th December 2025 for £258,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 31 sales since 1995.
LA4 5XU has seen 2 sales in the last three years and 2 sales in the last twelve months.
LA4 5XU is the 1061st largest and the 1169th most expensive postcode out of the 1,421 postcodes in the LA4 area.
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The closest station to LA4 5XU is Bare Lane station which is 1.0 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around LA4 5XU, 41.7% of property is privately owned outright and 40.0% 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 LA4 5XU, 18.9% of residents are recorded as possessing school level qualifications and 29.4% 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 LA4 5XU, the average age was 43.1 and the most common age was 52.
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 LA4 5XU, 1.4% 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 LA4 5XU, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.