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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Park Street, Morecambe is £250,465 and the estimated rental value is £1,011 per month.
Park Street, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
8, Park Street, Morecambe has 41 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Park Street, Morecambe is in very good condition we estimate a sale value of £262,988 and a rental value of £1,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,932 and a rental value of £940 per month.
Over the past 12 months, the estimated sale value of 8, Park Street, Morecambe has fallen by £1,052 (0.4%), while its estimated rental value has moved up by £33 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
According to data from HM Land Registry, 8, Park Street, Morecambe sits on a plot of 121 m2.
We have plot size data on 14 out of 18 other houses in the postcode and 8, Park Street, Morecambe sits on the 11th largest plot.
8, Park Street, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Park Street, Morecambe was last sold on 30th May 2019 for £117,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2019, the market for similar properties has risen by 39.0%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Street, Morecambe within a radius of 630 metres over the last 2 years.
The most recent example is 13, Grange Street, Morecambe, LA4 6BW, a freehold house which sold for £240,000 on the 1st September 2023.
Read more about house prices in LA4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Street, Morecambe, LA4 has a total of 52 addresses. According to our analysis of all the public data, 8, Park Street, Morecambe is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in LA4.
The closest station to 8, Park Street, Morecambe is Bare Lane station, which is 500 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Park Street, Morecambe, 54.3% of property is privately rented and 26.8% is privately owned outright.
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 8, Park Street, Morecambe, 18.8% of residents are recorded as possessing school level qualifications and 30.0% 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 8, Park Street, Morecambe, 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 8, Park Street, Morecambe, 1.5% 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 8, Park Street, Morecambe, 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.