Average Price for property in Melrose Avenue, Morecambe, LA4 is around £109,207 which varies based on type of property you are interested in and ranges from £123,947 for semi-detached to around £107,733 for terraced house. Values have been changing and have risen £356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £410 in last 6 months, £3,693 in last 1 year, £9,165 in last 2 years, £8,316 in last 3 years, £9,448 in last 4 years and £3,358 in last 5 years.
Currently average asking price of a property in Melrose Avenue, 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 Melrose Avenue, Morecambe, LA4 is £109,207. Average asking price is £141,493 while average price paid is £97,500 which is up by £3,693 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 Melrose Avenue, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 1 sales in Melrose Avenue, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £97,500. 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 £106,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £106,000 per sale.