23, Park Street
23, Park Street
Description & Estimates
23, Park Street, Morecambe is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 23, Park Street, Morecambe is £93,046 and its rental estimate is £628 per month, given the available information and assuming reasonable condition.
23, Park Street is a residential building on Park Street, Morecambe, LA4 and falls within the LA4 postal district and the borough of Lancaster.
Our Data Sources
23, Park Street, Morecambe has a single entry in the Land Registry from August 2012 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 23, Park Street, Morecambe, we estimate a market value of £97,698 and a rental value of £659 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,532 and £584 per month respectively.
Recent Market Change
Over the last year, 23, Park Street, Morecambe has seen its estimated sale value climb by £664 (0.7%) and its estimated rental value rise by £27 per month (4.4%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
23, Park Street, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Park Street, Morecambe completed on 29th August 2012 at £39,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 23.4% over the period since August 2012.
- Sold Aug 2012£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Park Street, Morecambe have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2024, was Flat 41, Lakeland House, Marine Road East, Morecambe, LA4 6AY, a leasehold flat which sold for £35,000.
Read more about house prices in LA4.
- Sold Feb 2024£35,000 | 2 Bed FlatLakeland House, Marine Road EastFlat 41, Lakeland House, Marine Road East, Morecambe, LA4 6AY
- Sold Dec 2021£75,000 | 2 Bed FlatPark Street23A, Park Street, Morecambe, LA4 6BN
- Sold Sep 2019£35,000 | 2 Bed Flat14, Park StreetFlat 3, 14, Park Street, Morecambe, LA4 6BN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 52 addresses on Park Street, Morecambe, LA4, 23, Park Street, Morecambe comes out as the 24th largest and the 28th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the LA4 district.
More reading links
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 23, 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.
