Flat 2, 15
Flat 2, 15
Description & Estimates
According to the public record, Flat 2, 15, Park Street, Morecambe is a period apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 15, Park Street, Morecambe is £74,888 and the estimated rental value is £565 per month.
The apartment is within 15, Park Street, Morecambe, LA4.
Park Street, Morecambe, LA4 is located in the borough of Lancaster within the LA4 postal district.
Our Data Sources
Flat 2, 15, Park Street, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data 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
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 Flat 2, 15, Park Street, Morecambe is in very good condition we estimate a sale value of £78,632 and a rental value of £593 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,646 and a rental value of £525 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 15, Park Street, Morecambe has decreased by £108 (0.1%), while its estimated rental value has grown by £20 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 9.0%.
Energy Efficiency
Flat 2, 15, Park Street, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 610 metres of Flat 2, 15, Park Street, Morecambe over the last 2 years.
The most recent example is 19, Park Street, Morecambe, LA4 6BN, a freehold house which sold for £187,000 on the 18th March 2022.
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
Park Street, Morecambe, LA4 has a total of 52 addresses. According to our analysis of all the public data, Flat 2, 15, Park Street, Morecambe is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in LA4.
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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
The closest station to Flat 2, 15, Park Street, Morecambe is Bare Lane station, which is 500 metres away.
- 500mBare Lane
- 2.0kmMorecambe
- 3.9kmLancaster
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
