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Heysham market report LA3 1, Morecambe
The LA3 1 (Heysham) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 5,599 HM Land Registry entries for LA3 1 (Morecambe), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for LA3 1 (Morecambe) is £161,000, from 48 registered sales, up 20% on five years earlier; the mean is £182,300, and by floor area homes here have averaged about £1,790 per square metre over the last five years. Behind the figures sit 5,599 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
LA3 1 is one sector of LA3 (Morecambe): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where LA3 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in LA3 1
Across 48 registered 2026 sales, the typical (median) LA3 1 home went for £161,000. The mean is £182,300, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in LA3 1
A square metre of LA3 1 home has cost about £1,790 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts LA3 1 44% below the country at large.
A typical LA3 1 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £161,000 | £161,000 | 48 |
| 2025 | £160,000 | £163,826 | 141 |
| 2024 | £158,000 | £167,986 | 96 |
| 2023 | £144,000 | £158,221 | 104 |
| 2022 | £145,000 | £170,029 | 158 |
| 2021 | £133,800 | £169,408 | 170 |
| 2020 | £120,000 | £155,702 | 106 |
| 2019 | £115,000 | £150,737 | 150 |
| 2018 | £113,000 | £150,631 | 133 |
| 2017 | £104,000 | £141,846 | 139 |
| 2016 | £97,500 | £136,403 | 129 |
| 2015 | £100,000 | £141,300 | 123 |
| 2014 | £98,000 | £139,030 | 147 |
| 2013 | £87,000 | £125,184 | 109 |
| 2012 | £92,800 | £136,590 | 124 |
| 2011 | £90,000 | £135,865 | 137 |
| 2010 | £86,500 | £135,654 | 110 |
| 2009 | £91,700 | £147,409 | 139 |
| 2008 | £100,000 | £163,921 | 178 |
| 2007 | £118,000 | £200,161 | 298 |
| 2006 | £100,000 | £173,587 | 266 |
| 2005 | £86,000 | £153,045 | 227 |
| 2004 | £79,000 | £143,479 | 330 |
| 2003 | £55,000 | £101,323 | 324 |
| 2002 | £44,000 | £82,786 | 347 |
| 2001 | £36,000 | £69,208 | 265 |
| 2000 | £35,000 | £68,688 | 235 |
| 1999 | £32,000 | £63,774 | 171 |
| 1998 | £34,500 | £69,641 | 181 |
| 1997 | £31,000 | £63,575 | 185 |
| 1996 | £31,000 | £65,378 | 189 |
| 1995 | £34,000 | £73,911 | 140 |
In cash terms the typical LA3 1 home went from £34,000 in 1995 to £161,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 118%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 20% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LA3 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+43.6% on the year before); the weakest, 2008 (−15.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What LA3 1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.6% | −1.7% |
| 5 years (since 2021) | +3.8% | −1.0% |
| 10 years (since 2016) | +5.1% | +1.7% |
| 20 years (since 2006) | +2.4% | −0.4% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in LA3 1
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 48 LA3 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 287 sales a year before the financial crisis and 109 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Rents around LA3 1
LA3 1 falls under Lancaster, where the ONS puts the average private rent at £807 a month (May 2026 figures). The spread runs from £590 a month for a typical one-bed to £1,203 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Lancaster
ONS Price Index of Private Rents, May 2026.
Set against the £161,000 median sold price, £807 a month is £9,684 a year, a gross yield of 6.0%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What kind of market LA3 1 is
Only 48 sales completed here in the last twelve months of data, which makes LA3 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Against the LA3 district median, LA3 1 sits 21% lower, marking it as a cheaper pocket of the district.
What people ask about LA3 1 (Heysham)
Are property prices falling in LA3 1 (Heysham)?
Is LA3 1 (Heysham) a good place to buy a house?
How much did a house sell for in LA3 1 (Heysham)?
Will LA3 1 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 20% over five years in cash but down 5% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
On the market in LA3 today
The live side of the market holds 73 homes at the moment, listed by 3 agents publishing to HomesIndex.
These cover the whole LA3 district, not just LA3 1: live asking prices are collected per district.
Of everything listed here, 19% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Brentlea Crescent, Heysham, Morecambe...
- Wesley Drive, Heysham, Morecambe, Lan...
- Brambling Drive, Heysham, Morecambe, ...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LA3 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in LA
The Land Registry record, split by size: what each kind of home actually sold for across the LA area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £270,000 | £382,995 (+42%) | £550,000 (+44%) | £715,000 (+30%) |
| Semi-detached | £175,000 | £200,000 (+14%) | £250,000 (+25%) | £340,000 (+36%) | £492,500 (+45%) |
| Terraced | £136,000 | £140,000 (+3%) | £177,000 (+26%) | £240,000 (+36%) | £345,000 (+44%) |
| Flat | £115,000 | £167,750 (+46%) | £265,000 (+58%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the LA area is the point: the same five years treated these districts very differently.
LA area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in LA3
A few minutes' walk can separate two very different markets. Here are LA3's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LA3 2 | £215,500 | 58 |
| LA3 3 | £219,200 | 38 |
Zoom out to the full LA3 district report for the type split, monthly volumes and how LA3 compares with its neighbours.
Selling a home in LA3 1? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LA3 1, open the average prices map and zoom from the LA3 1 shading down to the sold homes on your own street. Every recorded LA3 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working LA3 1: the featured spot on this report is free for founding agents, one per district. Claim LA3 1.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LA3 1. Free, with a one click sign in.
Two maps carry on from here: every LA3 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.