3 Richmond AvenueHouse Prices / North West, Lancaster, Richmond Avenue, LA4 5XU
Key Building Insights
3 Richmond Avenue is a residential building situated on Richmond Avenue, Morecambe, LA4 with 2 addresses.
It ranks as the 273rd largest and 718th most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
3 Richmond Avenue is a residential building situated on Richmond Avenue, Morecambe, LA4 with 2 addresses.
It ranks as the 273rd largest and 718th most expensive of the 1,106 buildings in the LA4 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 3 Richmond Avenue
Sale prices range from £114,940 for 2 bedroom leasehold flats (721 ft2) to £114,940 for 2 bedroom leasehold flats (721 ft2) .
Monthly rental prices range from £661 pcm for 2 bed flats to £661 pcm for 2 bed flats.
The gross rental yield is between 6.9% and 6.9%.
The average value per square foot is £159.
Sales Market Trendsin 3 Richmond Avenue
The last sale in 3 Richmond Avenue sold for £109,000 on 30th April 2020. Since then prices are up an average of 21.3%.
The current average value in the building is £114,940.
The 3 Richmond Avenue Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £114,940 |
| May 2025 | 1.4% | £115,175 |
| May 2024 | 1% | £113,624 |
| May 2023 | 1.8% | £112,460 |
| May 2022 | 10.9% | £110,472 |
| May 2021 | 4.2% | £99,606 |
| May 2020 | 4% | £95,587 |
| May 2019 | 1.5% | £91,913 |
| May 2018 | 0.7% | £90,574 |
| May 2017 | 1.6% | £89,937 |
| May 2016 | -0.5% | £88,523 |
| May 2015 | 3.9% | £88,973 |
| May 2014 | 4.6% | £85,633 |
| May 2013 | -4.5% | £81,893 |
| May 2012 | -1.1% | £85,732 |
| May 2011 | -2% | £86,726 |
| May 2010 | 0.6% | £88,510 |
| May 2009 | -11.7% | £87,969 |
| May 2008 | 0% | £99,632 |
| May 2007 | 0% | £99,611 |
Rental Market Trendsin 3 Richmond Avenue
The current average rental value in the building is £661.
The 3 Richmond Avenue Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £661pcm |
| May 2025 | 5.4% | £639pcm |
| May 2024 | 11.3% | £606pcm |
| May 2023 | 3.3% | £545pcm |
| May 2022 | 6% | £528pcm |
| May 2021 | 1.2% | £498pcm |
| May 2020 | 2.4% | £492pcm |
| May 2019 | 0.2% | £480pcm |
| May 2018 | -1% | £479pcm |
| May 2017 | -1.1% | £484pcm |
| May 2016 | -0.4% | £489pcm |
| May 2015 | 2.6% | £491pcm |
| May 2014 | -1.7% | £479pcm |
| May 2013 | 0.1% | £487pcm |
| May 2012 | -1.2% | £486pcm |
| May 2011 | 2% | £492pcm |
| May 2010 | 0.6% | £482pcm |
| May 2009 | -5.1% | £480pcm |
| May 2008 | 7.4% | £506pcm |
| May 2007 | 0% | £471pcm |
Explore Propertiesin 3, Richmond Avenue, Morecambe, LA4 5XU
Sales Historyin 3, Richmond Avenue, Morecambe, LA4 5XU
The last sale was on 30th April 2020 for £109,000 and since then the market in the area has increased by 21.3%. The building has had a total of 4 sales since 1995.
3, Richmond Avenue, Morecambe, LA4 5XU has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 3 Richmond Avenue
- 2 mid-century flats built between 1936 and 1979
- mid-century flat (2)
Energy Efficiencyof properties in 3 Richmond Avenue
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Richmond Avenue, Morecambe, LA4
Schools Nearby
- 100mLancaster Road Primary School
- 700mSt Mary's Catholic Primary School, Morecambe
- 700mGreat Wood Primary School
- 800mMorecambe Bay Academy
- 2.3kmBay Leadership Academy
- 3.3kmOur Lady's Catholic College
More reading links
Public Transport Nearby
The closest station to 3, Richmond Avenue, Morecambe, LA4 5XU is Bare Lane station, which is 1.0 kilometres away.
- 1.0kmBare Lane
- 1.6kmMorecambe
- 3.4kmLancaster
- 5.9kmHeysham Port
