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House Prices in LA3

The average house price in LA3 (Morecambe) is £200,890 using HM Land Registry data.

The average property price increased by £42,814 (30%) over the last 5 years and increased by £8,557 (4.41%) over the last 12 months.

Over the last year, there were 252 residential property sales – a decrease of 66 transactions (-26.19%) relative to the previous year. The majority of house sales (60) were in the £148,000 - £186,000 range. Then came properties in the £186,000 - £224,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,336 (-3%).

In May 2025, there were 70 new estate agency instructions, 63 agreed home sales and 76 property price reductions.

5-Year Average Property Prices in LA3 (Morecambe)

30%

Property prices in LA3 (Morecambe) increased by 30% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LA3 (Morecambe) Over the Last Year

4.41%

Property prices in LA3 (Morecambe) increased by 4.41% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LA3 (Morecambe) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LA3 (Morecambe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LA3 (Morecambe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LA3 (Morecambe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LA3 (Morecambe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA3 postcode area since 1995.

Recent Sales in LA3 (Morecambe)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
344 Heysham Road, Heysham, Morecambe, Lancashire, LA3 2BW	£465,000	£465,000	£0	12 Nov 2024	21 Feb 2025	101 Days
12 Heysham Mossgate Road, Heysham, Morecambe, Lancashire, LA3 2JT	£229,950	£220,000	-£9,950	08 May 2024	14 Feb 2025	282 Days
8 Mears Beck Close, Heysham, Morecambe, Lancashire, LA3 1UX	£175,000	£155,500	-£19,500	11 Apr 2024	12 Feb 2025	307 Days
12 Norton Avenue, Heysham, Morecambe, Lancashire, LA3 1HE	£175,000	£165,000	-£10,000	05 Aug 2024	12 Feb 2025	191 Days
12 Buckingham Grove, Morecambe, Lancashire, LA3 1BG	£260,000	£250,000	-£10,000	10 Jul 2024	07 Feb 2025	212 Days
4 Pedder Grove, Overton, Morecambe, Lancashire, LA3 3HN	£264,950	£255,000	-£9,950	10 Jun 2024	05 Feb 2025	240 Days
4 Kenilworth Road, Morecambe, Lancashire, LA3 3LW	£285,000	£275,000	-£10,000	16 Sep 2024	04 Feb 2025	141 Days
10 Douglas Avenue, Heysham, Morecambe, Lancashire, LA3 2LP	£219,950	£219,950	£0	17 Oct 2024	31 Jan 2025	106 Days
26 Willowfield Road, Heysham, Morecambe, Lancashire, LA3 2HF	£249,900	£247,500	-£2,400	22 Aug 2024	31 Jan 2025	162 Days
83 Fairfield Road, Heysham, Morecambe, Lancashire, LA3 1JP	£215,000	£200,000	-£15,000	01 Oct 2024	31 Jan 2025	122 Days
6 Woborrow Road, Heysham, Morecambe, Lancashire, LA3 2PN	£215,500	£212,500	-£3,000	09 Sep 2024	31 Jan 2025	144 Days
84 Meldon Road, Heysham, Morecambe, Lancashire, LA3 2HJ	£249,950	£216,000	-£33,950	17 May 2024	24 Jan 2025	252 Days
12 Dalesview Crescent, Heysham, Morecambe, Lancashire, LA3 2JQ	£164,950	£155,000	-£9,950	20 May 2024	22 Jan 2025	247 Days
75 White Lund Road, Morecambe, Lancashire, LA3 3DX	£625,000	£485,000	-£140,000	18 Nov 2024	20 Jan 2025	63 Days
3 Rydal Road, Heysham, Morecambe, Lancashire, LA3 1DT	£160,000	£150,000	-£10,000	14 Feb 2024	20 Jan 2025	341 Days
9 Willacy Parade, Heysham, Morecambe, Lancashire, LA3 1LT	£225,000	£210,000	-£15,000	13 Jun 2024	17 Jan 2025	218 Days
6 Arncliffe Road, Heysham, Morecambe, Lancashire, LA3 2AT	£159,950	£150,000	-£9,950	21 Aug 2024	17 Jan 2025	149 Days
17 Barnes Road, Heysham, Morecambe, Lancashire, LA3 1UW	£145,000	£135,000	-£10,000	16 Aug 2024	17 Jan 2025	154 Days
12 Eldon Grove, Heysham, Morecambe, Lancashire, LA3 2JW	£219,950	£215,000	-£4,950	13 May 2024	14 Jan 2025	246 Days
6 Bazil Lane, Overton, Morecambe, Lancashire, LA3 3JB	£350,000	£340,000	-£10,000	14 Oct 2024	10 Jan 2025	88 Days

Most Expensive Streets in LA3 (Morecambe)

Postcode	Street	Area	Average	No. of Sales
LA3 2RX	The Headlands	Morecambe	£518,333	3
LA3 3EJ	Oxcliffe Road	Morecambe	£446,000	4
LA3 1PZ	Heysham Road	Morecambe	£442,500	4
LA3 2BP	Heysham Road	Morecambe	£378,000	4
LA3 3JB	Bazil Lane	Morecambe	£357,333	3
LA3 1ET	St Johns Grove	Morecambe	£343,916	6
LA3 2NS	Longlands Lane	Morecambe	£328,333	3
LA3 2AJ	Twemlow Parade	Morecambe	£322,112	5
LA3 1NY	The Cliffs, Heysham	Morecambe	£317,600	5
LA3 3HE	Back Street	Morecambe	£317,000	3

Least Expensive Streets in LA3 (Morecambe)

Postcode	Street	Area	Average	No. of Sales
LA3 1HY	Sunacre Court, Maple Avenue	Morecambe	£59,500	4
LA3 2HP	Gilstead Avenue	Morecambe	£70,300	3
LA3 1JL	Levens Court, Levens Drive	Morecambe	£74,833	6
LA3 1QE	Yorkshire Street West	Morecambe	£77,666	3
LA3 1DZ	Mearsbeck Apartments, Sefton Road	Morecambe	£80,730	12
LA3 1HD	Dalton Road	Morecambe	£86,333	3
LA3 1BS	Marine Road West	Morecambe	£86,690	5
LA3 2HH	Meldon Grange	Morecambe	£87,166	6
LA3 1FT	Puffin House, Mears Beck Close	Morecambe	£89,000	3
LA3 1FL	Plover House, Mears Beck Close	Morecambe	£89,990	5