Flat 4, 15
Flat 4, 15
Description & Estimates
Flat 4, 15, Park Street, Morecambe is described in the public record as a period apartment with 312 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 15, Park Street, Morecambe is £65,994 and its rental estimate is £483 per month, given the available information and assuming reasonable condition.
15, 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
Flat 4, 15, Park Street, Morecambe has no records in the the Land Registry and a single entry in the EPC database dated August 2018.
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
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 Flat 4, 15, Park Street, Morecambe, we estimate a market value of £69,294 and a rental value of £508 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £61,374 and £450 per month respectively.
Recent Market Change
Over the last year, Flat 4, 15, Park Street, Morecambe has seen its estimated sale value climb by £80 (0.1%) and its estimated rental value rise by £18 per month (3.8%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
Flat 4, 15, Park Street, Morecambe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 610 metres of Flat 4, 15, Park Street, Morecambe, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2022, was 19, Park Street, Morecambe, LA4 6BN, a freehold house which sold for £187,000.
Read more about house prices in LA4.
- Sold Mar 2022£187,000 | 3 Bed House19, Park Street, Morecambe, LA4 6BN19, Park Street, Morecambe, LA4 6BN
- Sold Dec 2021£75,000 | 2 Bed Flat23A, Park Street, Morecambe, LA4 6BN23A, Park Street, Morecambe, LA4 6BN
- Sold Oct 2020£160,000 | 5 Bed House11, Park Street, Morecambe, LA4 6BN11, 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, Flat 4, 15, Park Street, Morecambe comes out as the 52nd largest and the 52nd most expensive in our analysis of the public data.
It is also £126k 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 Flat 4, 15, 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.
