Real sold price data from HM Land Registry · Last 5 years · Excludes most recent 3 months (reporting lag)
Property Market Overview — Morecambe's property market has experienced substantial downward pressure, with nearly 4,800 sales over five years at a mean price of £198,156. Recent activity shows a sharp shift, with the last 12 months averaging just £125,333—a significant drop from 2024's peak of £211,378. This dramatic reversal suggests a notable change in market dynamics within the past year.
Property Types and Price Differences — Semi-detached homes dominate sales volume at over 2,000 transactions and command £193,000 on average, roughly 1.6 times the price of terraced properties at £145,000. Detached houses are the most expensive, averaging £294,500—more than double semi-detached prices—while flats represent the most affordable option at £117,000, attracting 740 buyers.
Price Trends Over Time — The five-year picture is stark: prices have fallen 33.4% overall, from higher levels in earlier years. After climbing to £211,000 in 2024, the market has retreated sharply, with recent months back down to £125,000, suggesting the 2024 peak was a temporary exception rather than a sustained recovery.
What Stands Out — The recent price collapse is the defining feature, with the latest year-on-year data showing prices have halved compared to 2024. The wide range of recent sales—from £65,000 to £399,950—indicates a fragmented market where property condition and location create vastly different valuations.
| Street | Sales | Avg Price |
|---|---|---|
| Marine Road East | 75 | £179,261 |
| Westminster Road | 70 | £115,772 |
| Lancaster Road | 66 | £190,401 |
| Heysham Road | 62 | £234,199 |
| Sandylands Promenade | 59 | £133,705 |
| Bare Lane | 51 | £208,617 |
| Balmoral Road | 48 | £154,587 |
| West End Road | 39 | £129,709 |
| Clarence Court | 37 | £88,221 |
| Sefton Road | 35 | £109,801 |
| Date | Address | Postcode | Price | Type |
|---|---|---|---|---|
| Jan 2026 | FLAT 16, LEVENS COURT Levens Drive | LA3 1JL | £101,000 | Flat |
| Jan 2026 | 55 Gringley Road | LA4 4SE | £210,000 | Semi-detached |
| Jan 2026 | FLAT 304, QUEEN SQUARE Station Road | LA4 5JL | £65,000 | Flat |
| Dec 2025 | 436 Marine Road East | LA4 6AA | £399,950 | Terraced |
| Dec 2025 | 5 George Mews | LA4 6WD | £200,000 | Terraced |
| Dec 2025 | 8 Trent Close | LA3 3SR | £375,000 | Detached |
| Dec 2025 | 9 Priory Close | LA3 3RL | £230,000 | Detached |
| Dec 2025 | 42 Lister Grove | LA3 2DG | £231,500 | Semi-detached |
| Dec 2025 | 3 Hadrian Road | LA3 3BX | £250,000 | Detached |
| Dec 2025 | 85 South Road | LA4 6JR | £390,000 | Semi-detached |
This overview shows overall trends, but property values vary significantly by postcode, property type, and time period.
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Prices in Morecambe have decreased by 33% over the past 5 years. The current mean price is £198,156 and the median is £168,000.
The mean average property price in Morecambe is £198,156 based on 4,811 sales over the last 5 years. The median price (the middle value, less affected by extremes) is £168,000.
The most expensive property type in Morecambe is detached homes, averaging £294,530. The most affordable is flats, averaging £117,383. There have been 4,811 total sales in the last 5 years.
There have been 4,811 property sales recorded in Morecambe over the past 5 years, based on HM Land Registry data. The busiest street is Marine Road East with 75 sales.
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