AIAI Property Valuation for LA3 — MORECAMBE
AI Estimate
£172,916
Range: £159,083 – £186,749 (±8%)
1,188 sales (12mo)
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🏠
Detached
£305,575
219 sold (12mo)
🏘️
Semi-Detached
£192,404
497 sold (12mo)
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Terraced
£154,514
290 sold (12mo)
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Flat
£106,602
126 sold (12mo)
Price History — LA3
Price Forecast
Current
£172,916
1-Year
£225,677
+6.9%
3-Year
£257,782
+22.1%
Based on historical trend projection, capped at ±15% per year. This is not financial advice.
Rental Yield
Est. Monthly Rent
£600
Gross Yield
3.41%
Net Yield (est.)
2.73%
Region Average
2.49%
Annual rental income estimate: £7,200. Net yield deducts ~20% for management, voids, maintenance and insurance. Regional averages based on ONS Private Rental Market Statistics.
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Investment Score
Overall Score
Out of 10 — weighted composite
Area Intelligence
🛡️
Crime Rate
Below avg
51.7/1000 (-36.4% vs national)
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Schools
3 Good+
10 total, 0 Outstanding
⚡
EPC Rating
Avg C
Score: 65/100
📶
Broadband
346 Mbps
Average download speed
🏛️
Council Tax
£2,205
Band D — Lancaster
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Tenure
29% Owner
19% private rent
Nearby Postcodes
Frequently Asked Questions
What is the average house price in LA3?
The AI-estimated average house price in LA3 (MORECAMBE) is £172,916, based on 1188 transactions in the last 12 months. This estimate has high confidence (±8%).
What is the rental yield in LA3?
The estimated gross rental yield in LA3 is 3.41%, based on an average monthly rent of £600 and average property price of £211,157. The estimated net yield after costs is 2.73%.
Is LA3 a good area to invest in?
LA3 has an overall investment score of 3.4/10. This considers price growth (0/10), rental yield (2.4/10), safety (6.8/10), schools (3/10), and connectivity (10/10).
What are property prices by type in LA3?
Average prices in LA3 by property type: detached (£305,575), semi-detached (£192,404), terraced (£154,514), flats (£106,602). These are based on Land Registry transaction data from the last 12 months.
How accurate are AI property estimates for LA3?
Our AI estimates for LA3 are based on Land Registry transaction data, local market trends, and area characteristics. With 1188 recent sales, the estimate has high confidence. For a precise valuation, we recommend getting a professional survey.
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Disclaimer: AI estimates are based on Land Registry transaction data and statistical modelling. They are not professional valuations. Rental yield estimates use ONS regional rental data and may differ from actual local rents. Past performance does not predict future house prices. For a precise valuation, consult a qualified surveyor.