LA4 6LR is a residential postcode situated on Elms Lane, Morecambe, LA4 with 8 addresses.
It ranks as the 371st largest and 486th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
LA4 6LR is a residential postcode situated on Elms Lane, Morecambe, LA4 with 8 addresses.
It ranks as the 371st largest and 486th most expensive of the 1,421 postcodes in the LA4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £148,518 for 2 bedroom leasehold flats (538 ft2) to £185,414 for 2 bedroom leasehold flats (818 ft2) .
Monthly rental prices range from £662 pcm for 2 bed flats to £717 pcm for 2 bed flats.
The gross rental yield is between 4.6% and 5.4%.
The average value per square foot is £263.
The last sale in LA4 6LR sold for £140,000 on 24th September 2024. Since then prices are up an average of 0.2%.
The current average value in the postcode is £161,320.
The LA4 6LR Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £161,320 |
| April 2025 | 1.4% | £161,013 |
| April 2024 | 2.2% | £158,847 |
| April 2023 | 1.8% | £155,494 |
| April 2022 | 8% | £152,699 |
| April 2021 | 5.7% | £141,334 |
| April 2020 | 2.9% | £133,704 |
| April 2019 | 0.3% | £129,954 |
| April 2018 | 0.6% | £129,562 |
| April 2017 | 1.6% | £128,834 |
| April 2016 | 0% | £126,750 |
| April 2015 | 4.1% | £126,772 |
| April 2014 | 3.1% | £121,836 |
| April 2013 | -3.2% | £118,125 |
| April 2012 | -0.5% | £122,090 |
| April 2011 | -2.9% | £122,718 |
| April 2010 | 2% | £126,408 |
| April 2009 | -12.3% | £123,935 |
| April 2008 | 1.5% | £141,396 |
| April 2007 | 0% | £139,346 |
The current average rental value in the postcode is £685.
The LA4 6LR Rental Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £685pcm |
| April 2025 | 3.1% | £663pcm |
| April 2024 | 12.1% | £643pcm |
| April 2023 | 2.7% | £573pcm |
| April 2022 | 4.8% | £558pcm |
| April 2021 | 0% | £533pcm |
| April 2020 | 2.3% | £533pcm |
| April 2019 | 0.6% | £521pcm |
| April 2018 | -0.7% | £518pcm |
| April 2017 | -2.3% | £521pcm |
| April 2016 | 1.8% | £534pcm |
| April 2015 | -0.6% | £524pcm |
| April 2014 | 0.6% | £528pcm |
| April 2013 | -0.4% | £525pcm |
| April 2012 | 0.1% | £527pcm |
| April 2011 | 1.4% | £526pcm |
| April 2010 | 1.2% | £519pcm |
| April 2009 | -2.4% | £513pcm |
| April 2008 | 3.7% | £525pcm |
| April 2007 | 0% | £506pcm |
The last sale was on 24th September 2024 for £140,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 17 sales since 1995.
LA4 6LR has seen 2 sales in the last three years and no sales in the last twelve months.
LA4 6LR is the 371st largest and the 486th most expensive postcode out of the 1,421 postcodes in the LA4 area.
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The closest station to LA4 6LR is Bare Lane station which is 500 metres away.
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