Alexandra Road - LA3 1RW
Key Postcode Insights
LA3 1RW is a residential postcode situated on Alexandra Road, Morecambe, LA3 with 6 addresses.
It ranks as the 222nd largest and 192nd most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £125,299
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £550pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £54/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
LA3 1RW is a residential postcode situated on Alexandra Road, Morecambe, LA3 with 6 addresses.
It ranks as the 222nd largest and 192nd most expensive of the 1,421 postcodes in the LA3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £125,299
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £550pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £54/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin LA3 1RW
- 55-57 Alexandra Road
5 Bed Period House
- 59 Alexandra Road
5 Bed Period House
- 61 Alexandra Road
5 Bed Period House
- 63 Alexandra Road
Building | 2 Flats
- 65 Alexandra Road
House
Sales Market Trends
The last sale in LA3 1RW sold for £145,000 on 2nd March 2026. Since then prices are up an average of 43.2%.
The current average value in the postcode is £125,299.
The LA3 1RW Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £125,299 |
| June 2025 | 2.4% | £125,134 |
| June 2024 | 0.5% | £122,249 |
| June 2023 | 2.3% | £121,695 |
| June 2022 | 14.1% | £119,012 |
| June 2021 | 5.4% | £104,330 |
| June 2020 | 3.7% | £99,001 |
| June 2019 | 2.7% | £95,462 |
| June 2018 | 2% | £92,939 |
| June 2017 | 2.6% | £91,109 |
| June 2016 | -1.2% | £88,803 |
| June 2015 | 4% | £89,901 |
| June 2014 | 4.7% | £86,455 |
| June 2013 | -4.9% | £82,612 |
| June 2012 | -0.5% | £86,899 |
| June 2011 | -2.3% | £87,297 |
| June 2010 | 0.5% | £89,393 |
| June 2009 | -10.4% | £88,910 |
| June 2008 | -2% | £99,202 |
| June 2007 | 0% | £101,192 |
Rental Market Trends
The current average rental value in the postcode is £550.
The LA3 1RW Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £550pcm |
| June 2025 | 4.3% | £528pcm |
| June 2024 | 11% | £506pcm |
| June 2023 | 4% | £456pcm |
| June 2022 | 8.9% | £438pcm |
| June 2021 | 2% | £403pcm |
| June 2020 | 0.9% | £394pcm |
| June 2019 | 2.7% | £391pcm |
| June 2018 | 0% | £380pcm |
| June 2017 | -0.5% | £380pcm |
| June 2016 | 0.8% | £382pcm |
| June 2015 | -0.6% | £379pcm |
| June 2014 | 0.5% | £382pcm |
| June 2013 | -0.6% | £380pcm |
| June 2012 | 0.2% | £382pcm |
| June 2011 | 0.4% | £381pcm |
| June 2010 | 2.1% | £380pcm |
| June 2009 | -3.4% | £372pcm |
| June 2008 | 3.5% | £385pcm |
| June 2007 | 0% | £372pcm |
Sales History
The last sale was on 2nd March 2026 for £145,000 and since then the market in the area has increased by 43.2%. The postcode has had a total of 6 sales since 1995.
LA3 1RW has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£145,000 | 5 Bed House59, Alexandra Road, Morecambe, LA3 1RW59, Alexandra Road, Morecambe, LA3 1RW
- Sold Aug 2023£150,000 | 5 Bed House55-57, Alexandra Road, Morecambe, LA3 1RW55-57, Alexandra Road, Morecambe, LA3 1RW
- Sold Dec 2016£90,000 | 5 Bed House55-57, Alexandra Road, Morecambe, LA3 1RW55-57, Alexandra Road, Morecambe, LA3 1RW
- Sold Jan 2012£57,500 | 5 Bed House61, Alexandra Road, Morecambe, LA3 1RW61, Alexandra Road, Morecambe, LA3 1RW
- Sold Apr 2011£46,000 | 5 Bed House61, Alexandra Road, Morecambe, LA3 1RW61, Alexandra Road, Morecambe, LA3 1RW
Nearby Postcodes
LA3 1RW is the 222nd largest and the 192nd most expensive postcode out of the 1,421 postcodes in the LA3 area.
- LA3 1RY, Cambridge Road, Morecambe, LA3LA3 1RY16 Addresses|36 m away
- LA3 1SA, Grafton Road, Heysham, Morecambe, LA3LA3 1SA21 Addresses|39 m away
- LA3 1RS, Alexandra Road, Morecambe, LA3LA3 1RS10 Addresses|49 m away
- LA3 1RN, Alexandra Road, Morecambe, LA3LA3 1RN13 Addresses|52 m away
- LA3 1RG, West Street, Morecambe, LA3LA3 1RG6 Addresses|65 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (3)
- period flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (1)
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 School1.4 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 1RW is Morecambe station, which is 1.1 kilometres away.
- Morecambe|1.1 km away
- Bare Lane|3.3 km away
- Heysham Port|4.0 km away
- Lancaster|5.1 km away
