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Heysham market report LA3 2, Morecambe
The LA3 2 (Heysham) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 6,434 registered sales in LA3 2 (Morecambe) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical LA3 2 (Morecambe) home changed hands for £215,500 in 2026 (median of 58 registered sales, up 20% on five years earlier), with the mean at £234,800, and by floor area homes here have averaged about £2,420 per square metre over the last five years. Source: 6,434 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
LA3 2 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 2 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.
What LA3 2 homes really sell for
In the LA3 2 property market, the 2026 median sale price is £215,500, from 58 registered sales; the mean, the "average house price" most sites quote, is £234,800, sitting modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in LA3 2
Averaged across five years of sales, floor space in LA3 2 costs about £2,420 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving LA3 2 24% below the national figure.
The price of a typical LA3 2 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £215,500 | £215,500 | 58 |
| 2025 | £218,000 | £223,213 | 180 |
| 2024 | £195,000 | £207,325 | 140 |
| 2023 | £180,000 | £197,776 | 130 |
| 2022 | £197,500 | £231,591 | 180 |
| 2021 | £180,000 | £227,903 | 219 |
| 2020 | £160,000 | £207,603 | 129 |
| 2019 | £156,500 | £205,134 | 192 |
| 2018 | £149,000 | £198,620 | 150 |
| 2017 | £150,000 | £204,585 | 205 |
| 2016 | £137,800 | £192,784 | 208 |
| 2015 | £150,000 | £211,950 | 207 |
| 2014 | £140,000 | £198,614 | 223 |
| 2013 | £128,500 | £184,899 | 174 |
| 2012 | £142,000 | £209,006 | 165 |
| 2011 | £131,000 | £197,760 | 189 |
| 2010 | £137,500 | £215,635 | 147 |
| 2009 | £127,500 | £204,957 | 146 |
| 2008 | £147,700 | £242,111 | 167 |
| 2007 | £140,000 | £237,479 | 251 |
| 2006 | £130,000 | £225,663 | 264 |
| 2005 | £125,000 | £222,450 | 217 |
| 2004 | £107,500 | £195,241 | 314 |
| 2003 | £81,500 | £150,143 | 362 |
| 2002 | £63,000 | £118,534 | 279 |
| 2001 | £58,000 | £111,502 | 363 |
| 2000 | £56,500 | £110,881 | 277 |
| 1999 | £52,500 | £104,630 | 202 |
| 1998 | £48,000 | £96,891 | 193 |
| 1997 | £45,000 | £92,286 | 201 |
| 1996 | £42,000 | £88,576 | 165 |
| 1995 | £45,000 | £97,823 | 137 |
In cash terms the typical LA3 2 home went from £45,000 in 1995 to £215,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 120%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2008. The market now sits about 11% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LA3 2 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 (+31.9% on the year before); the weakest, 2009 (−13.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −1.1% | −3.5% |
| 5 years (since 2021) | +3.7% | −1.1% |
| 10 years (since 2016) | +4.6% | +1.1% |
| 20 years (since 2006) | +2.6% | −0.2% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
How many homes change hands
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.
LA3 2 recorded 58 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 291 sales a year before the financial crisis and 138 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The rental side of LA3 2
For renting purposes LA3 2 sits in Lancaster. The ONS average private rent there is £807 a month (May 2026). A one-bed averages £590 a month here and a four-or-more-bed £1,203, so size does most of the work in setting the rent.
Average monthly rent by size, Lancaster
ONS Price Index of Private Rents, May 2026.
Set against the £215,500 median sold price, £807 a month is £9,684 a year, a gross yield of 4.5%: 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.
The shape of the LA3 2 market
Only 58 sales completed here in the last twelve months of data, which makes LA3 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
LA3 2 (Heysham): the questions that come up
Are property prices falling in LA3 2 (Heysham)?
Is LA3 2 (Heysham) a good place to buy a house?
How much did a house sell for in LA3 2 (Heysham)?
What happens to LA3 2 prices now?
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.
What is for sale in LA3 right now
Turning to what is actually available: 73 homes on the market right now, from 3 agents publishing to HomesIndex.
These cover the whole LA3 district, not just LA3 2: live asking prices are collected per district.
19% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- 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.
Moving up a bedroom in LA: the cost
Real sold prices by size across the LA area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
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
The biggest risers and fallers in cash terms; every row links to that district's 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 1 | £161,000 | 48 |
| 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.
Before you sell in LA3 2: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at LA3 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LA3 2.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to LA3 2. Free after a one click sign in.
Two maps carry on from here: every LA3 2 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.