Average Price for property in Russell Drive, Morecambe, LA4 is around £152,456 which varies based on type of property you are interested in and ranges from £154,472 for semi-detached to around £137,337 for terraced house. Values have been changing and have risen £498 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £574 in last 6 months, £5,153 in last 1 year, £12,788 in last 2 years, £11,598 in last 3 years, £13,177 in last 4 years and £4,671 in last 5 years.
Currently average asking price of a property in Russell Drive, 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 Russell Drive, Morecambe, LA4 is £152,456. Average asking price is £141,493 while average price paid is £155,000 which is up by £5,153 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 Russell Drive, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £155,000 based on approximately 1 sales in Russell Drive, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £127,635. 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 £128,431 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £127,145 per sale.