Average Price for property in Essex Road, Morecambe, LA4 is around £149,954 e.g. average price for semi-detached is around 149,954. Values have been changing and have risen £489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £564 in last 6 months, £5,069 in last 1 year, £12,581 in last 2 years, £11,411 in last 3 years, £12,963 in last 4 years and £4,598 in last 5 years.
Currently average asking price of a property in Essex Road, Morecambe, LA4 is around £141,493 based on approximately 1 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 Essex Road, Morecambe, LA4 is £149,954. Average asking price is £141,493 while average price paid is £167,500 which is up by £5,069 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 Essex Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £167,500 based on approximately 1 sales in Essex Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £151,250. 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 £152,500 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £135,625 per sale.