Flat 4, 5 Park Street, Morecambe, LA4 6BN is a leasehold flat built before 1900. The property offers approximately 549 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £66,461 , which equates to approximately £121 per square foot. It was last sold on 29 Jul 2019 for £55,000. Since then, the value has increased by £11,461, representing a 20.8% increase, or approximately 3.3% per year.

The current estimated value of £66,461 is:

  • 52.2% lower than the average property price on Park Street
  • 55.7% lower than the average in the LA4 6BN postcode area
  • and 65.9% lower than the average price for Morecambe as a whole

View sold house prices in LA4 6BN

Building approximate location

About Property

Type
Terraced Maisonette
Built
before 1900
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£66,461
Price Per sq ft (estimate)
£121
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 5 Park Street, Morecambe, Lancaster, Lancashire, LA4 6BN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Aug 2019.

Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Aug 2013, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 18.4%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, electric to no system present: electric heaters assumed, with no change in energy efficiency (very poor).
  • The hot water system changed from from main system to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA4 6BN

28 th / 29
Price Rank
56% lower than average
14 th / 16
Size Rank
50% smaller than average
11 th / 16
Price Per Sq FT Rank
11% lower than average

Compared to other properties in LA4 6BN , this maisonette's estimated value ranks 28th out of 29. Based on price per square foot, it ranks 11th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 16 properties in its postcode area.

Sale History

Today
£66,461
streetscan.co.uk estimate
+21 %
29 Jul 2019
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £83,000
sale date: 18 Oct 2023
rooms: 2
size: 570 sq ft
sale price: £75,000
sale date: 13 Dec 2021
rooms: 2
size: 553 sq ft
sale price: £105,000
sale date: 8 Feb 2019
rooms: 3
size: 592 sq ft
sale price: £74,000
sale date: 25 Feb 2014

Data Sources

The property at Flat 4, 5 Park Street, Morecambe, Lancaster, Lancashire, LA4 6BN appears once in the Land Registry records, with the transaction recorded on 29 Jul 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Aug 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.