Parliament Street - LA3 1RE
Key Postcode Insights
LA3 1RE is a residential postcode situated on Parliament Street, Morecambe, LA3 with 4 addresses.
It ranks as the 121st largest and 125th most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £101,336
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
LA3 1RE is a residential postcode situated on Parliament Street, Morecambe, LA3 with 4 addresses.
It ranks as the 121st largest and 125th most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £101,336
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £593pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £147/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin LA3 1RE
- 52 Parliament Street
2 Bed Modern Flat
- 54 Parliament Street
2 Bed Modern Flat
- 56 Parliament Street
2 Bed Modern Flat
- 58 Parliament Street
2 Bed Modern Flat
Sales Market Trends
The current average value in the postcode is £101,336.
The LA3 1RE Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £101,336 |
| June 2025 | 1.6% | £100,981 |
| June 2024 | 0.7% | £99,347 |
| June 2023 | 1.7% | £98,612 |
| June 2022 | 13.2% | £97,001 |
| June 2021 | 4.5% | £85,696 |
| June 2020 | 3.1% | £82,001 |
| June 2019 | 2.4% | £79,524 |
| June 2018 | 1.2% | £77,643 |
| June 2017 | 2.4% | £76,692 |
| June 2016 | -1.6% | £74,870 |
| June 2015 | 3.8% | £76,107 |
| June 2014 | 4.1% | £73,297 |
| June 2013 | -5.7% | £70,415 |
| June 2012 | -0.7% | £74,665 |
| June 2011 | -2.8% | £75,191 |
| June 2010 | -1.2% | £77,350 |
| June 2009 | -11% | £78,255 |
| June 2008 | -1.7% | £87,936 |
| June 2007 | 0% | £89,469 |
Rental Market Trends
The current average rental value in the postcode is £593.
The LA3 1RE Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £593pcm |
| June 2025 | 3.6% | £568pcm |
| June 2024 | 11.3% | £549pcm |
| June 2023 | 3.4% | £493pcm |
| June 2022 | 8.1% | £477pcm |
| June 2021 | 1.2% | £441pcm |
| June 2020 | 0.3% | £436pcm |
| June 2019 | 2.4% | £435pcm |
| June 2018 | -0.7% | £424pcm |
| June 2017 | -0.7% | £427pcm |
| June 2016 | 0.4% | £430pcm |
| June 2015 | -0.7% | £429pcm |
| June 2014 | -0.1% | £432pcm |
| June 2013 | -1.4% | £432pcm |
| June 2012 | -0.1% | £438pcm |
| June 2011 | 0% | £438pcm |
| June 2010 | 0.3% | £438pcm |
| June 2009 | -4.1% | £437pcm |
| June 2008 | 3.8% | £456pcm |
| June 2007 | 0% | £439pcm |
Nearby Postcodes
LA3 1RE is the 121st largest and the 125th most expensive postcode out of the 1,421 postcodes in the LA3 area.
- LA3 1QP, East Street, Morecambe, LA3LA3 1QP4 Addresses|15 m away
- LA3 1RB, West Street, Morecambe, LA3LA3 1RB23 Addresses|29 m away
- LA3 1RG, West Street, Morecambe, LA3LA3 1RG6 Addresses|37 m away
- LA3 1RH, Parliament Street, Morecambe, LA3LA3 1RH17 Addresses|48 m away
- LA3 1SB, Clarendon Road, Morecambe, LA3LA3 1SB15 Addresses|57 m away
Property Types
- 4 modern flats built after 1980
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2021£150,750 | 4 Bed House51, Parliament Street, Morecambe, LA3 1RH51, Parliament Street, Morecambe, LA3 1RH
- Sold Aug 2021£147,950 | 4 Bed House23, Parliament Street, Morecambe, LA3 1RQ23, Parliament Street, Morecambe, LA3 1RQ
- Sold Feb 2006£119,000 | 4 Bed House51, Parliament Street, Morecambe, LA3 1RH51, Parliament Street, Morecambe, LA3 1RH
Schools Nearby
- West End Primary School200 m away
- Morecambe and Heysham Sandylands Community Primary School400 m away
- Morecambe and Heysham Westgate Primary School1.4 km away
- Bay Leadership Academy500 m away
- Morecambe Bay Academy2.4 km away
- Our Lady's Catholic College5.3 km away
More reading links
Public Transport Nearby
The closest station to LA3 1RE is Morecambe station, which is 1.0 kilometres away.
- Morecambe|1.0 km away
- Bare Lane|3.2 km away
- Heysham Port|4.0 km away
- Lancaster|5.1 km away
