Average Price for property in Bare Lane, Morecambe, LA4 is around £207,952 which varies based on type of property you are interested in and ranges from £333,481 for detached house to around £225,560 for semi-detached. Similarly terraced house is around £204,131 and a flat is worth £136,126. Values have been changing and have risen £679 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £784 in last 6 months, £7,026 in last 1 year, £17,441 in last 2 years, £15,814 in last 3 years, £17,963 in last 4 years and £6,358 in last 5 years.
Currently average asking price of a property in Bare Lane, Morecambe, LA4 is around £141,493 based on approximately 9 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £548 per month.
Estimated property value in Bare Lane, Morecambe, LA4 is £207,952. Average asking price is £141,493 while average price paid is £166,383 which is up by £7,026 and Avg. asking rent £548.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bare Lane, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £166,383 based on approximately 9 sales in Bare Lane, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £178,909. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £177,416 for 39 and average amount paid for purchase of approx. 57 properties sold in last 7 years comes to about £186,028 per sale.