Flat 3 5 Park Street

    FLAT 3 5, PARK STREET, MORECAMBE, LA4 6BN

    This flat/maisonette leasehold property on Park Street last sold in October 2023 for £83,000. Based on price growth in the LA4 district since then, its estimated current value is £74,070 — placing it in the 1st percentile nationally and the 5th percentile within LA4. The property covers 52 m² (560 sq ft), giving an estimated value of £1,424 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £83,000

    Oct 2023

    Estimated Valuation

    £74,070

    Est. £/sq ft

    £132/sq ft

    £1,424/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area560 sq ft (52 m²)
    EPC dateAug 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    18 Oct 2023

    £83,000

    Key Metrics

    Estimated valuation£74,070
    Value per sq ft / m²£132/sq ft (£1,424/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile5th percentile
    National percentile1st percentile

    District Context — LA4

    LA4 covers parts of central and south Lancashire, positioned between Preston and the industrial heartland to the south. The area blends urban and semi-rural character with a working-class and mixed-income demographic.

    Average Property Price - LA4

    £198,298

    12

    National percentile

    Average Net Household Income - LA4

    £28,369

    5

    National percentile

    10-Year Annualised Price Growth - LA4

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA4

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