Average Price for property in Elms Road, Morecambe, LA4 is around £209,511 which varies based on type of property you are interested in and ranges from £282,533 for detached house to around £225,657 for semi-detached. Similarly flat is around £135,205. Values have been changing and have risen £684 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £790 in last 6 months, £7,079 in last 1 year, £17,572 in last 2 years, £15,934 in last 3 years, £18,100 in last 4 years and £6,410 in last 5 years.
Currently average asking price of a property in Elms Road, Morecambe, LA4 is around £141,493 based on approximately 43 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 Road, Morecambe, LA4 is £209,511. Average asking price is £141,493 while average price paid is £218,209 which is up by £7,079 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 Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £218,209 based on approximately 43 sales in Elms Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 44 properties where buyers paid around £218,704. 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 £218,704 for 44 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £218,704 per sale.