Average Price for property in Wellington Terrace, Morecambe, LA4 is around £89,708 which varies based on type of property you are interested in and ranges from £98,532 for terraced house to around £63,237 for a flat. Values have been changing and have risen £292 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £336 in last 6 months, £3,035 in last 1 year, £7,532 in last 2 years, £6,834 in last 3 years, £7,765 in last 4 years and £2,763 in last 5 years.
Currently average asking price of a property in Wellington Terrace, 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 Wellington Terrace, Morecambe, LA4 is £89,708. Average asking price is £141,493 while average price paid is £42,000 which is up by £3,035 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 Wellington Terrace, Morecambe, LA4 area. In last 1 year alone average price buyer paid is around £42,000 based on approximately 1 sales in Wellington Terrace, Morecambe, LA4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £42,000. 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 £42,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £78,500 per sale.