16 The Parks

    16, THE PARKS, MORECAMBE, LA4 6BP

    This flat/maisonette leasehold property on The Parks last sold in May 2024 for £194,950. Based on price growth in the LA4 district since then, its estimated current value is £183,007 — placing it in the 20th percentile nationally and the 46th percentile within LA4. The property covers 46 m² (495 sq ft), giving an estimated value of £3,978 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    495 sq ft

    46 m²

    Last Sale Price

    £194,950

    May 2024

    Estimated Valuation

    £183,007

    Est. £/sq ft

    £370/sq ft

    £3,978/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area495 sq ft (46 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2024

    £194,950

    15 Apr 2002

    New build

    £77,950

    Key Metrics

    Estimated valuation£183,007
    Value per sq ft / m²£370/sq ft (£3,978/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA4 district percentile46th percentile
    National percentile20th 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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