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Heysham market report LA3, Morecambe
The standing LA3 (Heysham) property market report, rebuilt from the full public record every month. The raw material for this page is 16,006 HM Land Registry entries for LA3 (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.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for LA3 (Morecambe) is £205,000, from 144 registered sales, up 25% on five years earlier; the mean is £218,000, and by floor area homes here have averaged about £2,220 per square metre over the last five years. Behind the figures sit 16,006 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
LA3 is the postcode district covering Morecambe, Heysham, Middleton in Morecambe. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where LA3 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 buyers actually paid in LA3
The LA3 median stands at £205,000 for 2026, built from 144 registered sales; the mean, the figure usually quoted as the "average house price", is £218,000, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in LA3
Measured by floor area, the last five years of LA3 sales average about £2,220 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts LA3 28% below the country at large.
LA3's median sold price, 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 | £205,000 | £205,000 | 144 |
| 2025 | £190,000 | £194,543 | 411 |
| 2024 | £181,200 | £192,653 | 326 |
| 2023 | £169,000 | £185,690 | 321 |
| 2022 | £172,200 | £201,924 | 450 |
| 2021 | £164,000 | £207,645 | 522 |
| 2020 | £142,000 | £184,248 | 311 |
| 2019 | £139,000 | £182,196 | 447 |
| 2018 | £135,000 | £179,958 | 400 |
| 2017 | £135,000 | £184,126 | 475 |
| 2016 | £125,000 | £174,876 | 435 |
| 2015 | £135,000 | £190,755 | 428 |
| 2014 | £123,000 | £174,497 | 462 |
| 2013 | £120,000 | £172,668 | 372 |
| 2012 | £122,000 | £179,569 | 365 |
| 2011 | £115,000 | £173,606 | 399 |
| 2010 | £121,000 | £189,759 | 330 |
| 2009 | £114,200 | £183,577 | 370 |
| 2008 | £123,500 | £202,443 | 412 |
| 2007 | £130,000 | £220,516 | 733 |
| 2006 | £119,000 | £206,569 | 715 |
| 2005 | £105,000 | £186,858 | 571 |
| 2004 | £93,400 | £169,633 | 805 |
| 2003 | £72,500 | £133,563 | 927 |
| 2002 | £57,000 | £107,245 | 842 |
| 2001 | £53,000 | £101,890 | 858 |
| 2000 | £50,000 | £98,125 | 719 |
| 1999 | £46,000 | £91,676 | 535 |
| 1998 | £44,000 | £88,817 | 516 |
| 1997 | £40,000 | £82,032 | 525 |
| 1996 | £38,000 | £80,140 | 473 |
| 1995 | £43,000 | £93,475 | 407 |
In cash terms the typical LA3 home went from £43,000 in 1995 to £205,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 119%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 7% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LA3 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 (+28.8% on the year before); the weakest, 1996 (−11.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.9% | +5.4% |
| 5 years (since 2021) | +4.6% | −0.3% |
| 10 years (since 2016) | +5.1% | +1.6% |
| 20 years (since 2006) | +2.8% | 0.0% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 43% of the typed total. A detached home currently trades at £290,000 against £105,000 for a flat, 2.8 times the price.
Median by property type, LA3
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £290,000 | 39 | 3,237 |
| Semi-detached | £202,500 | 60 | 6,881 |
| Terraced | £171,200 | 30 | 4,212 |
| Flats | £105,000 | 15 | 1,676 |
Sales activity in LA3
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 321 sales completed in LA3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 771 sales a year before the financial crisis and 330 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.
Rents around LA3
LA3 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.
Against the £205,000 median purchase price, a rent of £807 a month (£9,684 a year) works out at a 4.7% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
LA3 (Heysham): the questions that come up
Are property prices falling in LA3 (Heysham)?
Is LA3 (Heysham) a good place to buy a house?
How much did a house sell for in LA3 (Heysham)?
Where do LA3 prices go next?
That question has no honest answer, only evidence. The evidence: the median is up 25% over five years in cash and flat after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in LA3 right now
Everything above is what homes in LA3 sold for. This is what you could actually buy today: 73 homes currently on the market from 3 agents publishing to HomesIndex, at a typical asking price 5% above the LA3 median sold price.
19% of what is on the market here is asking below what comparable homes actually sold for. 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" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LA3 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in LA
The Land Registry record, split by size: what each kind of home actually sold for across the LA area. 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%) | — | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
LA3 ranks 3 of 23 in the LA area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
LA area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside LA3, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LA3 1 | £161,000 | 48 |
| LA3 2 | £215,500 | 58 |
| LA3 3 | £219,200 | 38 |
How LA3 compares nearby
Same city, different markets. The neighbouring districts of the LA area, dearest first:
| District | Median | 5-year |
|---|---|---|
| LA22 | £430,000 | -4% |
| LA23 | £365,000 | +11% |
| LA8 | £350,000 | +3% |
| LA21 | £340,000 | -3% |
| LA11 | £301,200 | +8% |
| LA10 | £300,000 | +18% |
| LA7 | £278,800 | +5% |
| LA16 | £275,500 | +50% |
| LA5 | £275,000 | +15% |
| LA2 | £271,500 | +4% |
| LA9 | £260,000 | +13% |
| LA6 | £250,000 | -18% |
| LA12 | £250,000 | +7% |
| LA20 | £245,000 | -18% |
| LA3 (this report) | £205,000 | +25% |
| LA13 | £205,000 | +7% |
| LA19 | £190,500 | +60% |
| LA1 | £182,800 | +13% |
| LA4 | £181,500 | +13% |
| LA15 | £168,000 | +23% |
| LA17 | £165,000 | -37% |
| LA14 | £147,400 | +17% |
| LA18 | £105,000 | -5% |
Thinking of selling in LA3? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LA3, open the average prices map and zoom from the LA3 shading down to the sold homes on your own street. Every recorded LA3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LA3.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LA3. Free, with a one click sign in.
The live map plots every individual LA3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.