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Palmer Grove is a residential street with 18 addresses.
It ranks as the 454th largest and 133rd most expensive of the 909 streets in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 18 properties: 18 flats.
Palmer Grove is a residential street with 18 addresses.
It ranks as the 454th largest and 133rd most expensive of the 909 streets in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 18 properties: 18 flats.
Sale prices range from £101,694 for 2 bedroom leasehold flats (581 ft2) to £123,411 for 2 bedroom leasehold flats (613 ft2) .
Monthly rental prices range from £630 pcm for 2 bed flats to £644 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 7.5%.
The average value per square foot is £207.
The last sale on Palmer Grove sold for £125,000 on 12th May 2023. Since then prices are up an average of 2.4%.
The current average value in the street is £118,413.
The Palmer Grove Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £118,413 |
| May 2025 | 1.4% | £118,099 |
| May 2024 | 1% | £116,492 |
| May 2023 | 2.3% | £115,390 |
| May 2022 | 10.8% | £112,773 |
| May 2021 | 4.8% | £101,822 |
| May 2020 | 3.6% | £97,175 |
| May 2019 | 1.5% | £93,793 |
| May 2018 | 0.9% | £92,414 |
| May 2017 | 1.7% | £91,566 |
| May 2016 | -0.4% | £90,014 |
| May 2015 | 3.6% | £90,365 |
| May 2014 | 4% | £87,232 |
| May 2013 | -4.1% | £83,840 |
| May 2012 | -1.2% | £87,442 |
| May 2011 | -2.2% | £88,506 |
| May 2010 | 0.7% | £90,453 |
| May 2009 | -11.7% | £89,860 |
| May 2008 | 0% | £101,772 |
| May 2007 | 0% | £101,771 |
The current average rental value in the street is £638.
The Palmer Grove Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.9% | £638pcm |
| May 2025 | 5.4% | £614pcm |
| May 2024 | 11.1% | £583pcm |
| May 2023 | 3.7% | £524pcm |
| May 2022 | 6.4% | £505pcm |
| May 2021 | 1.4% | £475pcm |
| May 2020 | 2.3% | £468pcm |
| May 2019 | 0.4% | £458pcm |
| May 2018 | -0.6% | £456pcm |
| May 2017 | -0.9% | £459pcm |
| May 2016 | -0.4% | £463pcm |
| May 2015 | 2.3% | £465pcm |
| May 2014 | -1.6% | £455pcm |
| May 2013 | 0% | £462pcm |
| May 2012 | -1.2% | £462pcm |
| May 2011 | 1.9% | £468pcm |
| May 2010 | 0.4% | £459pcm |
| May 2009 | -5% | £457pcm |
| May 2008 | 7% | £481pcm |
| May 2007 | 0% | £449pcm |
The last sale was on 12th May 2023 for £125,000 and since then the market in the area has increased by 2.4%. The street has had a total of 27 sales since 1995.
Palmer Grove, Morecambe, LA4 has seen 2 sales in the last three years and no sales in the last twelve months.
Palmer Grove, Morecambe, LA4 is the 454th largest and the 133rd most expensive street in the LA4 area.
There is 1 postcode on Palmer Grove, Morecambe, LA4.
The closest station to Palmer Grove, Morecambe, LA4 is Bare Lane station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Palmer Grove, Morecambe, LA4, 53.6% of property is privately owned outright and 35.1% is privately rented.
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 Palmer Grove, Morecambe, LA4, 8.3% of residents are recorded as possessing school level qualifications and 27.0% 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 Palmer Grove, Morecambe, LA4, 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 Palmer Grove, Morecambe, LA4, 0.7% 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 Palmer Grove, Morecambe, LA4, 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.