Average Price for property in Elms Drive, Morecambe, LA4 is around £216,715 which varies based on type of property you are interested in and ranges from £254,281 for detached house to around £248,494 for semi-detached. Similarly terraced house is around £237,048 and a flat is worth £114,134. Values have been changing and have risen £708 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £818 in last 6 months, £7,321 in last 1 year, £18,175 in last 2 years, £16,482 in last 3 years, £18,722 in last 4 years and £6,628 in last 5 years.
Currently average asking price of a property in Elms Drive, Morecambe, LA4 is around £141,493 based on approximately 0 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 Elms Drive, Morecambe, LA4 is £216,715. Average asking price is £141,493 while average price paid is £111,500 which is up by £16,482 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 Elms Drive, Morecambe, LA4 area. In last 3 years alone average price buyer paid is around £111,500 based on approximately 4 sales in Elms Drive, Morecambe, LA4 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £153,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £155,750 for 8 per sale.