Average Price for property in Somerby Road, Morecambe, LA4 is around £139,384 which varies based on type of property you are interested in and ranges from £183,599 for detached house to around £135,700 for semi-detached. Values have been changing and have risen £455 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £525 in last 6 months, £4,711 in last 1 year, £11,693 in last 2 years, £10,606 in last 3 years, £12,050 in last 4 years and £4,274 in last 5 years.
Currently average asking price of a property in Somerby Road, 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 Somerby Road, Morecambe, LA4 is £139,384. Average asking price is £141,493 while average price paid is £100,000 which is up by £4,711 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 Somerby Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 1 sales in Somerby Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £107,000. 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 £103,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £103,000 per sale.