Flat 2, 17
Flat 2, 17
Description & Estimates
The public record describes Flat 2, 17, Park Street, Morecambe as a period apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 17, Park Street, Morecambe has an estimated sale value of £75,766 and an estimated rental value of £571 per month, assuming reasonable condition and based on the information available.
The apartment sits within 17, Park Street, Morecambe, LA4.
Park Street, Morecambe, LA4 lies in the borough of Lancaster, within the LA4 postal district.
Our Data Sources
Flat 2, 17, Park Street, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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
In very good condition, we estimate Flat 2, 17, Park Street, Morecambe would be worth £79,554, with a potential rental value of £600 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,462, with a rental value of £531 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 17, Park Street, Morecambe has decreased by £109 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £20 (3.5%). The property's estimated gross yield is currently 9.0%.
Energy Efficiency
Flat 2, 17, Park Street, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 610 metres of Flat 2, 17, Park Street, Morecambe across the last 2 years.
Most recently, 19, Park Street, Morecambe, LA4 6BN, a freehold house, sold at £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
Our analysis of the public data ranks Flat 2, 17, Park Street, Morecambe as the 47th largest and the 47th most expensive of the 52 addresses on Park Street, Morecambe, LA4.
Against the LA4 postcode district average, it is £117k less expensive than the typical property.
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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
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Public Transport Nearby
Bare Lane station is the nearest stop to Flat 2, 17, Park Street, Morecambe at 500 metres away.
- 500mBare Lane
- 2.0kmMorecambe
- 3.9kmLancaster
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
