Bailey Lane - LA3 2PR
Key Postcode Insights
LA3 2PR is a residential postcode situated on Bailey Lane, Heysham, Morecambe, LA3 with 7 addresses.
It ranks as the 288th largest and 1259th 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 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £267,541
- 10 Year change
- up 38.9%
- Ave. Rental Price
- £933pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
LA3 2PR is a residential postcode situated on Bailey Lane, Heysham, Morecambe, LA3 with 7 addresses.
It ranks as the 288th largest and 1259th 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 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £267,541
- 10 Year change
- up 38.9%
- Ave. Rental Price
- £933pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin LA3 2PR
- Bailey Cottage
Unknown
- 1 Bailey Lane
5 Bed Period House
- 2 Bailey Lane
2 Bed Period Flat
- 3 Bailey Lane
3 Bed Period House
- 4 Bailey Lane
Unknown
Sales Market Trends
The last sale in LA3 2PR sold for £205,000 on 28th April 2015. Since then prices are up an average of 43.2%.
The current average value in the postcode is £267,541.
The LA3 2PR Sales Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £267,541 |
| June 2025 | 1.6% | £269,150 |
| June 2024 | 0.4% | £264,943 |
| June 2023 | 2.9% | £263,889 |
| June 2022 | 13% | £256,407 |
| June 2021 | 5% | £226,942 |
| June 2020 | 4.6% | £216,125 |
| June 2019 | 2.5% | £206,587 |
| June 2018 | 1.9% | £201,490 |
| June 2017 | 2.6% | £197,643 |
| June 2016 | 0.1% | £192,592 |
| June 2015 | 4.1% | £192,425 |
| June 2014 | 5.3% | £184,912 |
| June 2013 | -4% | £175,564 |
| June 2012 | -0.6% | £182,785 |
| June 2011 | -1.4% | £183,842 |
| June 2010 | 3.9% | £186,432 |
| June 2009 | -9.4% | £179,461 |
| June 2008 | -1.6% | £197,997 |
| June 2007 | 0% | £201,115 |
Rental Market Trends
The current average rental value in the postcode is £933.
The LA3 2PR Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £933pcm |
| June 2025 | 3.6% | £902pcm |
| June 2024 | 10.8% | £871pcm |
| June 2023 | 4.8% | £786pcm |
| June 2022 | 8.3% | £750pcm |
| June 2021 | 1.5% | £693pcm |
| June 2020 | 2% | £682pcm |
| June 2019 | 2.7% | £669pcm |
| June 2018 | 0.1% | £651pcm |
| June 2017 | -0.4% | £650pcm |
| June 2016 | 1.9% | £653pcm |
| June 2015 | -0.3% | £641pcm |
| June 2014 | 1.4% | £643pcm |
| June 2013 | -0.1% | £634pcm |
| June 2012 | 0.1% | £634pcm |
| June 2011 | 1.4% | £633pcm |
| June 2010 | 5.2% | £625pcm |
| June 2009 | -2.2% | £594pcm |
| June 2008 | 3.8% | £608pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 28th April 2015 for £205,000 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 2PR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2015£205,000 | 3 Bed House8, Bailey Lane, Morecambe, LA3 2PR8, Bailey Lane, Morecambe, LA3 2PR
- Sold Oct 2014£165,000 | 3 Bed House3, Bailey Lane, Morecambe, LA3 2PR3, Bailey Lane, Morecambe, LA3 2PR
- Sold Aug 2006£205,000 | 3 Bed House8, Bailey Lane, Morecambe, LA3 2PR8, Bailey Lane, Morecambe, LA3 2PR
- Sold May 2004£170,000 | 3 Bed House8, Bailey Lane, Morecambe, LA3 2PR8, Bailey Lane, Morecambe, LA3 2PR
- Sold Sep 2001£89,000 | 3 Bed House8, Bailey Lane, Morecambe, LA3 2PR8, Bailey Lane, Morecambe, LA3 2PR
Nearby Postcodes
LA3 2PR is the 288th largest and the 1259th most expensive postcode out of the 1,421 postcodes in the LA3 area.
- LA3 2PU, Knowlys Road, Heysham, Morecambe, LA3LA3 2PU5 Addresses|29 m away
- LA3 2PP, St. Marys Road, Heysham, Morecambe, LA3LA3 2PP7 Addresses|100 m away
- LA3 2PG, Knowlys Road, Heysham, Morecambe, LA3LA3 2PG10 Addresses|104 m away
- LA3 2PS, Bailey Lane, Heysham, Morecambe, LA3LA3 2PS17 Addresses|117 m away
- LA3 2RN, Main Street, Heysham, Morecambe, LA3LA3 2RN17 Addresses|117 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 2 other addresses of unknown type
- period house (4)
- period flat (1)
- Unknown (2)
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 (2)
Top 3 Most Expensive Sales
- Sold Aug 2007£421,250 | 5 Bed House18, Bailey Lane, Morecambe, LA3 2PS18, Bailey Lane, Morecambe, LA3 2PS
- Sold Sep 2024£240,000 | 3 Bed House27, Bailey Lane, Morecambe, LA3 2PS27, Bailey Lane, Morecambe, LA3 2PS
- Sold Nov 2021£235,000 | 3 Bed House9, Bailey Lane, Morecambe, LA3 2PS9, Bailey Lane, Morecambe, LA3 2PS
Schools Nearby
- Heysham St Peter's Church of England Primary School400 m away
- Mossgate Primary School900 m away
- St Patrick's Catholic Primary School1.1 km away
- Bay Leadership Academy2.0 km away
- Morecambe Bay Academy4.5 km away
- Lancaster Girls' Grammar School6.3 km away
More reading links
Public Transport Nearby
The closest station to LA3 2PR is Heysham Port station, which is 1.8 kilometres away.
- Heysham Port|1.8 km away
- Morecambe|3.2 km away
- Bare Lane|5.2 km away
- Lancaster|6.0 km away
