Average Price for property in Norwood Drive, Morecambe, LA4 is around £175,665 which varies based on type of property you are interested in and ranges from £199,896 for detached house to around £181,441 for semi-detached. Similarly terraced house is around £84,099 and a flat is worth £68,641. Values have been changing and have risen £573 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £661 in last 6 months, £5,937 in last 1 year, £14,736 in last 2 years, £13,365 in last 3 years, £15,183 in last 4 years and £5,381 in last 5 years.
Currently average asking price of a property in Norwood Drive, Morecambe, LA4 is around £141,493 based on approximately 2 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 Norwood Drive, Morecambe, LA4 is £175,665. Average asking price is £141,493 while average price paid is £164,500 which is up by £5,937 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 Norwood Drive, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £164,500 based on approximately 2 sales in Norwood Drive, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £158,750. 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 £153,928 for 7 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £148,593 per sale.