Houses for sale in LA3 3AE, The Way, Torrisholme, Morecambe


House Prices in LA3 3AE, The Way, Torrisholme

Properties in LA3 3AE have an average house price of £136k and had 1 Property Transaction within the last 3 years.¹ LA3 3AE is a postcode in The Way located in Torrisholme, an area in Morecambe, Lancashire, with 3 households², where the most expensive property was sold for £136k.


Properties for sale near LA3 3AE, The Way

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Price Paid in The Way, LA3 3AE, Torrisholme

3 The Way, LA3 3AE, Torrisholme Morecambe

Property 3 has been sold 2 times. The last time it was sold was in 22/09/2023 and the sold price was £136,000.00.

This flat, sold as a leasehold on 22/09/2023, is a 71 sqm top-floor flat with an EPC rating of D.

Date Price Property Type Tenure Classification
22/09/2023 £136,000.00 Flat leasehold Established Building
13/07/2005 £80,600.00 Flat leasehold Established Building

1 The Way, LA3 3AE, Torrisholme Morecambe

Property 1 has been sold 7 times. The last time it was sold was in 13/05/2022 and the sold price was £125,000.00.

This flat, sold as a leasehold on 13/05/2022, is a 67 sqm mid-floor flat with an EPC rating of C.

Date Price Property Type Tenure Classification
13/05/2022 £125,000.00 Flat leasehold Established Building
02/07/2021 £96,600.00 Flat leasehold Established Building
05/05/2017 £92,000.00 Flat leasehold Established Building
31/03/2017 £90,000.00 Flat leasehold Established Building
28/04/2011 £100,000.00 Flat leasehold Established Building
25/08/2004 £99,950.00 Flat leasehold Established Building
23/07/1996 £36,000.00 Flat leasehold Established Building

2 The Way, LA3 3AE, Torrisholme Morecambe

Property 2 has been sold 1 time. The last time it was sold was in 11/07/2003 and the sold price was £60,000.00.

This flat, sold as a leasehold on 11/07/2003, is a 75 sqm ground-floor flat with an EPC rating of F.

Date Price Property Type Tenure Classification
11/07/2003 £60,000.00 Flat leasehold Established Building

Property price trends in LA3 3AE, The Way

According to the latest Land Registry data, the average home in LA3 3AE, The Way sold for £136,000 in 2023. That figure comes from 10 sales logged over the past 27 years.

Prices have continued to climb over the last three years. Compared with 2021, when the typical sale came in around £96,600, that's a rise of roughly 40.8%.

Looking back five years, average prices are up about 49.5% since 2017, a gain of around £45,000 in cash terms.

Zoom out to the past decade for the fuller picture. Back in 2011, homes here averaged £100,000, so the typical sold price has climbed about 36% since then, roughly 2.6% a year.

Property Price Paid in LA3 3AE, The Way by Year

The average sold property price by year was:

Year Average Sold Price Price Change
Sold Properties More information
2023 £136,000
Price increase
8%
1 Property
2022 £125,000
Price increase
23%
1 Property
2021 £96,600
Price increase
6%
1 Property
2017 £91,000
Price decrease
-10%
2 Properties
2011 £100,000
Price increase
19%
1 Property
2005 £80,600
Price decrease
-24%
1 Property
2004 £99,950
Price increase
40%
1 Property
2003 £60,000
Price increase
40%
1 Property
1996 £36,000
-
1 Property
Source: HM Land Registry — official sold price data published by the UK Government.

Property Price per Property Type in LA3 3AE, The Way

Here you can find historic sold price data in order to help with your property search.

The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Flat £136,000.00 1 Flat
Source: HM Land Registry — official sold price data published by the UK Government.