Average Price for property in South Road, Morecambe, LA4 is around £188,206 which varies based on type of property you are interested in and ranges from £252,236 for detached house to around £195,155 for semi-detached. Similarly terraced house is around £140,246 and a flat is worth £86,237. Values have been changing and have risen £614 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £709 in last 6 months, £6,360 in last 1 year, £15,787 in last 2 years, £14,316 in last 3 years, £16,263 in last 4 years and £5,761 in last 5 years.
Currently average asking price of a property in South 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 South Road, Morecambe, LA4 is £188,206. Average asking price is £141,493 while average price paid is £118,125 which is up by £6,360 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 South Road, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £118,125 based on approximately 2 sales in South Road, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £156,188. 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 £153,658 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £147,418 per sale.