House Prices in LA3 House Prices in LA3 (Morecambe)

The average house price in LA3 (Morecambe) is £163,315 using HM Land Registry data.

The average property price increased by £51,894 (30%) over the last 5 years and increased by £10,398 (4.41%) over the last 12 months.

Over the last year, there were 272 residential property sales – a decrease of 71 transactions (-26.10%) relative to the previous year. The majority of house sales (78) were in the £148,000 - £186,000 range. Then came properties in the £110,000 - £148,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 223 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,336 (-3%).

In March 2025, there were 71 new estate agency instructions, 60 agreed home sales and 54 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.

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).

Property Market Heat Gauge for LA3 (Morecambe) - March 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
344 Heysham Road, Heysham, Morecambe, Lancashire, LA3 2BW£465,000£465,000£012 Nov 202421 Feb 2025101 Days
12 Heysham Mossgate Road, Heysham, Morecambe, Lancashire, LA3 2JT£229,950£220,000-£9,95008 May 202414 Feb 2025282 Days
8 Mears Beck Close, Heysham, Morecambe, Lancashire, LA3 1UX£175,000£155,500-£19,50011 Apr 202412 Feb 2025307 Days
12 Norton Avenue, Heysham, Morecambe, Lancashire, LA3 1HE£175,000£165,000-£10,00005 Aug 202412 Feb 2025191 Days
12 Buckingham Grove, Morecambe, Lancashire, LA3 1BG£260,000£250,000-£10,00010 Jul 202407 Feb 2025212 Days
4 Pedder Grove, Overton, Morecambe, Lancashire, LA3 3HN£264,950£255,000-£9,95010 Jun 202405 Feb 2025240 Days
4 Kenilworth Road, Morecambe, Lancashire, LA3 3LW£285,000£275,000-£10,00016 Sep 202404 Feb 2025141 Days
10 Douglas Avenue, Heysham, Morecambe, Lancashire, LA3 2LP£219,950£219,950£017 Oct 202431 Jan 2025106 Days
26 Willowfield Road, Heysham, Morecambe, Lancashire, LA3 2HF£249,900£247,500-£2,40022 Aug 202431 Jan 2025162 Days
83 Fairfield Road, Heysham, Morecambe, Lancashire, LA3 1JP£215,000£200,000-£15,00001 Oct 202431 Jan 2025122 Days
6 Woborrow Road, Heysham, Morecambe, Lancashire, LA3 2PN£215,500£212,500-£3,00009 Sep 202431 Jan 2025144 Days
84 Meldon Road, Heysham, Morecambe, Lancashire, LA3 2HJ£249,950£216,000-£33,95017 May 202424 Jan 2025252 Days
12 Dalesview Crescent, Heysham, Morecambe, Lancashire, LA3 2JQ£164,950£155,000-£9,95020 May 202422 Jan 2025247 Days
75 White Lund Road, Morecambe, Lancashire, LA3 3DX£625,000£485,000-£140,00018 Nov 202420 Jan 202563 Days
3 Rydal Road, Heysham, Morecambe, Lancashire, LA3 1DT£160,000£150,000-£10,00014 Feb 202420 Jan 2025341 Days
9 Willacy Parade, Heysham, Morecambe, Lancashire, LA3 1LT£225,000£210,000-£15,00013 Jun 202417 Jan 2025218 Days
6 Arncliffe Road, Heysham, Morecambe, Lancashire, LA3 2AT£159,950£150,000-£9,95021 Aug 202417 Jan 2025149 Days
17 Barnes Road, Heysham, Morecambe, Lancashire, LA3 1UW£145,000£135,000-£10,00016 Aug 202417 Jan 2025154 Days
12 Eldon Grove, Heysham, Morecambe, Lancashire, LA3 2JW£219,950£215,000-£4,95013 May 202414 Jan 2025246 Days
6 Bazil Lane, Overton, Morecambe, Lancashire, LA3 3JB£350,000£340,000-£10,00014 Oct 202410 Jan 202588 Days

Most Expensive Streets in LA3 (Morecambe)

PostcodeStreetAreaAverageNo. of Sales
LA3 2RXThe Headlands, HeyshamMorecambe£518,3333
LA3 3EJOxcliffe Road, Heaton With OxcliffeMorecambe£446,0004
LA3 1PZHeysham Road, HeyshamMorecambe£442,5004
LA3 3JBBazil Lane, OvertonMorecambe£357,3333
LA3 1ETSt Johns Grove, HeyshamMorecambe£343,9166
LA3 2BPHeysham Road, HeyshamMorecambe£336,4005
LA3 2NSLonglands Lane, HeyshamMorecambe£328,3333
LA3 2AJTwemlow Parade, HeyshamMorecambe£322,1125
LA3 1NYThe Cliffs, HeyshamMorecambe£317,6005
LA3 3HEBack Street, OvertonMorecambe£317,0003

Least Expensive Streets in LA3 (Morecambe)

PostcodeStreetAreaAverageNo. of Sales
LA3 1HYSunacre Court, Maple AvenueMorecambe£52,6663
LA3 2HPGilstead Avenue, HeyshamMorecambe£70,3003
LA3 1JLLevens Court, Levens DriveMorecambe£75,2005
LA3 1QEYorkshire StreetMorecambe£77,6663
LA3 1DZMearsbeck, Sefton RoadMorecambe£79,1189
LA3 1BSMarine Road WestMorecambe£84,6124
LA3 1HDDalton Road, HeyshamMorecambe£86,3333
LA3 2HHMeldon Grange, HeyshamMorecambe£87,1666
LA3 1FTPuffin House, Mears Beck CloseMorecambe£89,0003
LA3 1FLPlover House, Mears Beck CloseMorecambe£89,9905

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