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House Prices in LA4 House Prices in LA4 (Morecambe)

The average house price in LA4 (Morecambe) is £190,725 using HM Land Registry data.

The average property price increased by £39,940 (39.05%) over the last 5 years and increased by £8,003 (5.42%) over the last 12 months.

Over the last year, there were 280 residential property sales – a decrease of 117 transactions (-41.79%) relative to the previous year. The majority of house sales (73) were in the £134,000 - £178,000 range. Then came properties in the £178,000 - £222,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 214 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,457 (-4%).

In February 2025, there were 60 new estate agency instructions, 49 agreed home sales and 38 property price reductions.

Nearby Postcodes: BB7, BD23, BD24, CA10, CA11, CA12, CA17, CA18, CA19, CA20, DL8, LA1, LA10, LA11, LA12, LA13, LA14, LA15, LA16, LA17, LA18, LA19, LA2, LA20, LA21, LA22, LA23, LA3, LA5, LA6, LA7, LA8, PR3

5-Year Average Property Prices in LA4 (Morecambe)

39.05%

Property prices in LA4 (Morecambe) increased by 39.05% 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 LA4 (Morecambe) Over the Last Year

5.42%

Property prices in LA4 (Morecambe) increased by 5.42% 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 LA4 (Morecambe) - February 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 LA4 (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 LA4 (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 LA4 (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 LA4 (Morecambe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA4 postcode area since 1995.

Recent Sales in LA4 (Morecambe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Sulby Grove, Morecambe, Lancashire, LA4 6HD£390,000£373,000-£17,00030 Apr 202410 Jan 2025255 Days
35 Low Lane, Morecambe, Lancashire, LA4 6PW£249,950£245,000-£4,95001 Aug 202418 Dec 2024139 Days
39 Hamilton Road, Morecambe, Lancashire, LA4 6QG£225,000£218,000-£7,00011 Sep 202418 Dec 202498 Days
11 Primrose Street, Morecambe, Lancashire, LA4 5LS£130,000£127,500-£2,50004 Dec 202418 Dec 202414 Days
4 Kentmere Grove, Morecambe, Lancashire, LA4 5UF£140,000£133,000-£7,00026 Sep 202418 Dec 202483 Days
103 Oak Avenue, Morecambe, Lancashire, LA4 6HY£210,000£205,000-£5,00019 Jul 202417 Dec 2024151 Days
19a, Lonsdale Avenue, Morecambe, Lancashire, LA4 6RY£235,000£225,000-£10,00002 Oct 202416 Dec 202475 Days
11 Bellamy Avenue, Morecambe, Lancashire, LA4 4QS£235,000£220,000-£15,00002 Oct 202413 Dec 202472 Days
43 Arnside Crescent, Morecambe, Lancashire, LA4 5PP£169,950£152,000-£17,95006 Aug 202413 Dec 2024129 Days
19 Wingate Avenue, Morecambe, Lancashire, LA4 4SJ£169,950£160,000-£9,95007 Jun 202413 Dec 2024189 Days
17 Fulwood Drive, Morecambe, Lancashire, LA4 6QU£200,000£192,500-£7,50029 Apr 202412 Dec 2024227 Days
50 South Road, Morecambe, Lancashire, LA4 6JP£284,950£275,000-£9,95023 Oct 202412 Dec 202450 Days
15 Michaelson Avenue, Morecambe, Lancashire, LA4 6SD£225,000£225,000£002 Jul 202412 Dec 2024163 Days
8 Hutton Crescent, Morecambe, Lancashire, LA4 4PE£197,500£190,500-£7,00027 Jun 202412 Dec 2024168 Days
35 Netherlands Road, Morecambe, Lancashire, LA4 5SJ£130,000£128,000-£2,00010 Sep 202412 Dec 202493 Days
33 Arnside Crescent, Morecambe, Lancashire, LA4 5PP£180,000£165,000-£15,00022 May 202409 Dec 2024201 Days
26 Windsor Grove, Morecambe, Lancashire, LA4 4LP£210,000£210,000£029 Aug 202409 Dec 2024102 Days
11 Hutton Crescent, Morecambe, Lancashire, LA4 4PE£134,950£130,000-£4,95029 Aug 202406 Dec 202499 Days
27 Monkswood Avenue, Morecambe, Lancashire, LA4 6TW£120,000£110,000-£10,00021 Jun 202305 Dec 2024533 Days
36 Altham Road, Morecambe, Lancashire, LA4 4UQ£189,950£185,000-£4,95001 May 202405 Dec 2024218 Days

Most Expensive Streets in LA4 (Morecambe)

PostcodeStreetAreaAverageNo. of Sales
LA4 5BQBroadwayMorecambe£583,4005
LA4 5XXBroadwayMorecambe£464,9663
LA4 6PQBuseph DriveMorecambe£415,6005
LA4 6DJMount AvenueMorecambe£402,5004
LA4 5BJBroadwayMorecambe£394,2508
LA4 6JBWoodrushMorecambe£386,1669
LA4 6ERMayfield DriveMorecambe£359,0003
LA4 5XYBroadwayMorecambe£338,6666
LA4 6EPMayfield DriveMorecambe£331,6663
LA4 5ABMarine Road CentralMorecambe£320,0003

Least Expensive Streets in LA4 (Morecambe)

PostcodeStreetAreaAverageNo. of Sales
LA4 4DJWest End RoadMorecambe£54,8333
LA4 5LGRibblesdale CourtMorecambe£55,96113
LA4 5HEMorecambe StreetMorecambe£72,7374
LA4 5EFNelson StreetMorecambe£75,0663
LA4 4JNBalmoral RoadMorecambe£80,7374
LA4 6AYLakeland House, Marine Road EastMorecambe£81,81714
LA4 4DLWest End RoadMorecambe£82,4536
LA4 5LEEuston RoadMorecambe£85,7504
LA4 4UHGrayrigg DriveMorecambe£86,0003
LA4 6DLClarence CourtMorecambe£87,55135

Explore LA4 (Morecambe) using map

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