Average Price for property in Lancaster Road, Morecambe, LA4 is around £141,135 which varies based on type of property you are interested in and ranges from £238,035 for detached house to around £161,846 for semi-detached. Similarly terraced house is around £103,560 and a flat is worth £79,323. Values have been changing and have risen £461 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £531 in last 6 months, £4,770 in last 1 year, £11,839 in last 2 years, £10,739 in last 3 years, £12,201 in last 4 years and £4,328 in last 5 years.
Currently average asking price of a property in Lancaster Road, Morecambe, LA4 is around £141,493 based on approximately 8 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 Lancaster Road, Morecambe, LA4 is £141,135. Average asking price is £141,493 while average price paid is £135,237 which is up by £4,770 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 Lancaster Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £135,237 based on approximately 8 sales in Lancaster Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 31 properties where buyers paid around £126,833. 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 £129,401 for 43 and average amount paid for purchase of approx. 61 properties sold in last 7 years comes to about £130,192 per sale.