12, Park Street
12, Park Street
Description & Estimates
12, Park Street, Morecambe appears in the public record as a freehold house sitting on a 108 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,247 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 12, Park Street, Morecambe is £207,520 and its rental estimate is £998 per month, given the available information and assuming reasonable condition.
Park Street, Morecambe, LA4 falls within the LA4 postal district, in the borough of Lancaster.
Our Data Sources
12, Park Street, Morecambe has 21 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Park Street, Morecambe, we estimate a market value of £217,896 and a rental value of £1,048 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,993 and £928 per month respectively.
Recent Market Change
Over the last year, 12, Park Street, Morecambe has seen its estimated sale value drop by £872 (0.4%) and its estimated rental value rise by £33 per month (3.3%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 12, Park Street, Morecambe as measuring 108 m2.
That makes it the 14th largest plot in the postcode, where 14 of the 18 other houses have recorded plot data.
Sold Prices
The most recent sale of 12, Park Street, Morecambe completed on 31st August 2007 at £138,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 49.7% over the period since August 2007.
- Sold Aug 2007£138,000
- Sold May 1999£43,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Park Street, Morecambe have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2023, was 40, St. Margarets Road, Morecambe, LA4 6EF, a freehold house which sold for £245,000.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Park Street, Morecambe, LA4, 12, Park Street, Morecambe comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the LA4 district.
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Schools Nearby
- 700mGreat Wood Primary School
- 900mSt Mary's Catholic Primary School, Morecambe
- 1.1kmLancaster Road Primary School
- 600mMorecambe Bay Academy
- 3.1kmBay Leadership Academy
- 3.7kmOur Lady's Catholic College
More reading links
Public Transport Nearby
From 12, Park Street, Morecambe, the nearest station is Bare Lane, 500 metres away.
- 500mBare Lane
- 2.0kmMorecambe
- 3.9kmLancaster
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
