Alexandra Road - LA3 1RR
Key Postcode Insights
LA3 1RR is a residential postcode situated on Alexandra Road, Morecambe, LA3 with 34 addresses.
It ranks as the 1259th largest and 226th most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 34 properties: 17 houses and 17 flats.
- Ave. Sale Price
- £126,955
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £641pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LA3 1RR is a residential postcode situated on Alexandra Road, Morecambe, LA3 with 34 addresses.
It ranks as the 1259th largest and 226th most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 34 properties: 17 houses and 17 flats.
- Ave. Sale Price
- £126,955
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £641pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £162/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LA3 1RR
- 67 Alexandra Road
5 Bed Period House
- 69 Alexandra Road
Building  |  3 Flats
- 71 Alexandra Road
Building  |  3 Flats
- 73 Alexandra Road
Building  |  2 Flats
- 75 Alexandra Road
Building  |  3 Flats
Sales Market Trends
The last sale in LA3 1RR sold for £131,000 on 4th October 2024. Since then prices are up an average of 42.1%.
The current average value in the postcode is £126,955.
The LA3 1RR Sales Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £126,955 |
| June 2025 | 2.7% | £126,751 |
| June 2024 | 0.4% | £123,395 |
| June 2023 | 2.2% | £122,842 |
| June 2022 | 14.3% | £120,208 |
| June 2021 | 5.8% | £105,195 |
| June 2020 | 3.7% | £99,470 |
| June 2019 | 2.7% | £95,887 |
| June 2018 | 2.2% | £93,331 |
| June 2017 | 2.5% | £91,343 |
| June 2016 | -1.2% | £89,123 |
| June 2015 | 4% | £90,176 |
| June 2014 | 4.7% | £86,697 |
| June 2013 | -4.8% | £82,770 |
| June 2012 | -0.4% | £86,914 |
| June 2011 | -2.3% | £87,245 |
| June 2010 | 0.8% | £89,274 |
| June 2009 | -10.4% | £88,559 |
| June 2008 | -2.1% | £98,828 |
| June 2007 | 0% | £100,972 |
Rental Market Trends
The current average rental value in the postcode is £641.
The LA3 1RR Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £641pcm |
| June 2025 | 4.7% | £615pcm |
| June 2024 | 11% | £587pcm |
| June 2023 | 3.9% | £529pcm |
| June 2022 | 9.1% | £509pcm |
| June 2021 | 2.4% | £467pcm |
| June 2020 | 0.9% | £456pcm |
| June 2019 | 2.8% | £451pcm |
| June 2018 | 0.2% | £439pcm |
| June 2017 | -0.6% | £438pcm |
| June 2016 | 0.9% | £441pcm |
| June 2015 | -0.6% | £438pcm |
| June 2014 | 0.6% | £440pcm |
| June 2013 | -0.4% | £438pcm |
| June 2012 | 0.3% | £440pcm |
| June 2011 | 0.5% | £438pcm |
| June 2010 | 2.3% | £436pcm |
| June 2009 | -3.4% | £426pcm |
| June 2008 | 3.4% | £441pcm |
| June 2007 | 0% | £427pcm |
Sales History
The last sale was on 4th October 2024 for £131,000 and since then the market in the area has increased by 42.1%. The postcode has had a total of 30 sales since 1995.
LA3 1RR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£131,000 | 4 Bed House107, Alexandra Road, Morecambe, LA3 1RR107, Alexandra Road, Morecambe, LA3 1RR
- Sold Nov 2023£82,000 | 4 Bed House107, Alexandra Road, Morecambe, LA3 1RR107, Alexandra Road, Morecambe, LA3 1RR
- Sold Nov 2020£125,000 | 4 Bed House107, Alexandra Road, Morecambe, LA3 1RR107, Alexandra Road, Morecambe, LA3 1RR
- Sold Aug 2020£110,000 | 5 Bed House101, Alexandra Road, Morecambe, LA3 1RR101, Alexandra Road, Morecambe, LA3 1RR
- Sold Aug 2019£106,000 | 2 Bed FlatFlat 1, 111, Alexandra Road, Morecambe, LA3 1RRFlat 1, 111, Alexandra Road, Morecambe, LA3 1RR
Nearby Postcodes
LA3 1RR is the 1259th largest and the 226th most expensive postcode out of the 1,421 postcodes in the LA3 area.
- LA3 1SW, Back Avondale Road East, Heysham, Morecambe, LA3LA3 1SW3 Addresses|26 m away
- LA3 1RT, Alexandra Road, Morecambe, LA3LA3 1RT15 Addresses|31 m away
- LA3 1SN, Westminster Road, Morecambe, LA3LA3 1SN19 Addresses|47 m away
- LA3 1SR, Avondale Road, Heysham, Morecambe, LA3LA3 1SR39 Addresses|55 m away
- LA3 1SS, Balmoral Road, Morecambe, LA3LA3 1SS12 Addresses|74 m away
Property Types
- 10 period houses built between 1800 and 1911
- 17 period flats built between 1800 and 1911
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (10)
- period flat (17)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is E.
- A (0)
- E (8)
- B (1)
- F (0)
- C (7)
- G (0)
- D (6)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold May 2022£191,500 | 4 Bed House86-88, Alexandra Road, Morecambe, LA3 1RT86-88, Alexandra Road, Morecambe, LA3 1RT
- Sold Aug 2023£150,000 | 5 Bed House55-57, Alexandra Road, Morecambe, LA3 1RW55-57, Alexandra Road, Morecambe, LA3 1RW
- Sold Mar 2026£145,000 | 5 Bed House59, Alexandra Road, Morecambe, LA3 1RW59, Alexandra Road, Morecambe, LA3 1RW
Schools Nearby
- West End Primary School200 m away
- Morecambe and Heysham Sandylands Community Primary School300 m away
- Morecambe and Heysham Westgate Primary School1.3 km away
- Bay Leadership Academy300 m away
- Morecambe Bay Academy2.4 km away
- Our Lady's Catholic College5.2 km away
More reading links
Public Transport Nearby
The closest station to LA3 1RR is Morecambe station, which is 1.1 kilometres away.
- Morecambe|1.1 km away
- Bare Lane|3.2 km away
- Heysham Port|3.9 km away
- Lancaster|5.0 km away