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Heysham House Prices Heysham House Prices

The average house price in Heysham is £143,357 using HM Land Registry data.

The average property price increased by £60,434 (42.09%) over the last 5 years and increased by £12,078 (6.29%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 105 transactions (-56.76%) relative to the previous year. The majority of house sales (58) were in the £130,000 - £170,000 range. Then came properties in the £170,000 - £210,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,061 (-3%).

In April 2024, there were 45 new estate agency instructions, 21 agreed home sales and 31 property price reductions.

Neighbouring Areas: Morecambe

Postcodes Covered: LA3

5-Year Average Property Prices in Heysham

42.09%

Property prices in Heysham increased by 42.09% 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 Heysham Over the Last Year

6.29%

Property prices in Heysham increased by 6.29% 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 Heysham - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Heysham

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 Heysham

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 Heysham

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 Heysham since 1995

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

Recent Property Sales in Heysham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Eldon Grove, Heysham, Morecambe, Lancashire, LA3 2JW£260,000£250,000-£10,00030 Aug 202313 Mar 2024196 Days
33 Lordsome Road, Heysham, Morecambe, Lancashire, LA3 1JE£190,000£182,000-£8,00019 Jun 202309 Feb 2024235 Days
76 Oxcliffe Road, Heysham, Morecambe, Lancashire, LA3 1LX£195,000£195,000£0005 Jul 202326 Jan 2024205 Days
29 Peplow Road, Heysham, Morecambe, Lancashire, LA3 2HR£139,950£130,000-£9,95008 Jul 202112 Jan 2024918 Days
3 Rylstone Drive, Heysham, Morecambe, Lancashire, LA3 2AS£174,950£172,000-£2,95011 Jul 202319 Dec 2023161 Days
50 Harewood Avenue, Heysham, Morecambe, Lancashire, LA3 1JQ£150,000£140,000-£10,00023 Jun 202313 Dec 2023173 Days
18 Stanley Road, Heysham, Morecambe, Lancashire, LA3 1UP£159,950£155,000-£4,95018 May 202308 Dec 2023204 Days
14 Meldon Grange, Heysham, Morecambe, Lancashire, LA3 2HH£65,000£65,000£0012 Jul 202324 Nov 2023135 Days
3 Rosedale Avenue, Heysham, Morecambe, Lancashire, LA3 2HS£275,000£251,000-£24,00018 Dec 202220 Nov 2023337 Days
11 Hale Carr Grove, Heysham, Morecambe, Lancashire, LA3 2AD£185,000£175,000-£10,00009 Sep 202317 Nov 202369 Days
2 Haydock Grove, Heysham, Morecambe, Lancashire, LA3 1PP£150,000£140,000-£10,00024 Jul 202317 Nov 2023116 Days
14 Balmoral Avenue, Heysham, Morecambe, Lancashire, LA3 1JU£199,950£185,000-£14,95019 Jul 202313 Nov 2023117 Days
150 Kingsway, Heysham, Morecambe, Lancashire, LA3 2EF£155,000£155,000£0004 Aug 202310 Nov 202398 Days
16 Tibicar Drive East, Heysham, Morecambe, Lancashire, LA3 2AR£180,000£170,000-£10,00010 Jun 202107 Nov 2023880 Days
1 Alan Grove, Heysham, Morecambe, Lancashire, LA3 2SQ£179,950£179,950£0003 Jul 202327 Oct 2023116 Days
31 Yealand Avenue, Heysham, Morecambe, Lancashire, LA3 2LT£150,000£132,000-£18,00021 Jul 202326 Oct 202397 Days
154 Kingsway, Heysham, Morecambe, Lancashire, LA3 2EF£140,000£130,000-£10,00012 May 202325 Oct 2023166 Days
8 Goldfinch Close, Heysham, Morecambe, Lancashire, LA3 2WD£260,000£250,000-£10,00005 May 202325 Oct 2023173 Days
40 Eardley Road, Heysham, Morecambe, Lancashire, LA3 2PH£240,000£235,000-£5,00028 Jun 202323 Oct 2023117 Days
2 Norton Place, Heysham, Morecambe, Lancashire, LA3 1PJ£315,000£300,000-£15,00021 Apr 202323 Oct 2023185 Days

Most Expensive Streets in Heysham

PostcodeStreetAreaAverageNo. of Sales
LA3 1PZHeysham RoadHeysham£442,5004
LA3 2ALTwemlow ParadeHeysham£339,8333
LA3 2BPHeysham RoadHeysham£336,4005
LA3 2FPThe SpinneyHeysham£321,6663
LA3 2AJTwemlow ParadeHeysham£320,0936
LA3 1NYThe CliffsHeysham£317,6005
LA3 2NSLonglands LaneHeysham£311,6663
LA3 2UDHeysham ParkHeysham£298,3003
LA3 2RPBarrows LaneHeysham£295,6663
LA3 2JHHeysham RoadHeysham£291,1663

Least Expensive Streets in Heysham

PostcodeStreetAreaAverageNo. of Sales
LA3 1TYSefton RoadHeysham£49,0003
LA3 1HYSunacre CourtMaple Avenue£52,6663
LA3 1JLLevens CourtLevens Drive£75,2005
LA3 1DZMearsbeckSefton Road£77,86911
LA3 2HHMeldon GrangeHeysham£80,2787
LA3 2HWMortimer GroveHeysham£85,6254
LA3 1FLPlover HouseMears Beck Close£86,3256
LA3 1HDDalton RoadHeysham£86,3333
LA3 2EPBowland RoadHeysham£88,5004
LA3 1NJBurnham CourtMorecambe£88,6663

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