Average Price for property in Ermine Place, Morecambe, LA3 is around £205,972 e.g. average price for detached house is around 205,972. Values have been changing and have risen £787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,251 in last 6 months, £11,694 in last 1 year, £17,234 in last 2 years, £18,010 in last 3 years, £19,224 in last 4 years and £10,413 in last 5 years.
Currently average asking price of a property in Ermine Place, Morecambe, LA3 is around £143,370 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Ermine Place, Morecambe, LA3 is £205,972. Average asking price is £143,370 while average price paid is £167,000 which is up by £11,694 and Avg. asking rent £503.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 Ermine Place, Morecambe, LA3 area. In last 1 year alone average price buyer paid is around £167,000 based on approximately 1 sales in Ermine Place, Morecambe, LA3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £167,000. 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 £167,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £167,000 per sale.