Values have been changing and have risen £359 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £414 in last 6 months, £3,729 in last 1 year, £9,254 in last 2 years, £8,393 in last 3 years, £9,536 in last 4 years and £3,385 in last 5 years.
Currently average asking price of a property in Osborne Road, 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 Osborne Road, Morecambe, LA4 is £110,286. Average asking price is £141,493 while average price paid is £106,500 which is up by £3,729 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 Osborne Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £106,500 based on approximately 2 sales in Osborne Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £106,500. 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 £94,777 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £98,666 per sale.