Bailey Lane - LA3 2PS
Key Postcode Insights
LA3 2PS is a residential postcode situated on Bailey Lane, Heysham, Morecambe, LA3 with 17 addresses.
It ranks as the 782nd largest and 1039th 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 17 properties: 13 houses, 1 flat and 3 other properties.
- Ave. Sale Price
- £244,737
- 10 Year change
- up 43.3%
- Ave. Rental Price
- £882pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
LA3 2PS is a residential postcode situated on Bailey Lane, Heysham, Morecambe, LA3 with 17 addresses.
It ranks as the 782nd largest and 1039th 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 17 properties: 13 houses, 1 flat and 3 other properties.
- Ave. Sale Price
- £244,737
- 10 Year change
- up 43.3%
- Ave. Rental Price
- £882pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £295/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Properties in LA3 2PS
- 5 Bailey Lane
2 Bed Mid-century House
- 7 Bailey Lane
House
- 9 Bailey Lane
3 Bed Mid-century House
- 18 Bailey Lane
5 Bed Period House
- 21 Bailey Lane
3 Bed Period House
Sales Market Trends
The last sale in LA3 2PS sold for £200,000 on 10th November 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £244,737.
The LA3 2PS Sales Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £244,737 |
| June 2025 | 2.2% | £246,723 |
| June 2024 | 0.3% | £241,370 |
| June 2023 | 3% | £240,716 |
| June 2022 | 14.1% | £233,702 |
| June 2021 | 5.7% | £204,739 |
| June 2020 | 4.6% | £193,651 |
| June 2019 | 2.9% | £185,098 |
| June 2018 | 2.3% | £179,892 |
| June 2017 | 2.9% | £175,850 |
| June 2016 | 0% | £170,836 |
| June 2015 | 4.2% | £170,759 |
| June 2014 | 5.2% | £163,825 |
| June 2013 | -3.6% | £155,677 |
| June 2012 | -0.3% | £161,422 |
| June 2011 | -1.5% | £161,927 |
| June 2010 | 4.4% | £164,364 |
| June 2009 | -8.6% | £157,436 |
| June 2008 | -1.5% | £172,161 |
| June 2007 | 0% | £174,765 |
Rental Market Trends
The current average rental value in the postcode is £882.
The LA3 2PS Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £882pcm |
| June 2025 | 4.2% | £855pcm |
| June 2024 | 10.7% | £820pcm |
| June 2023 | 4.9% | £741pcm |
| June 2022 | 9.4% | £707pcm |
| June 2021 | 2.2% | £646pcm |
| June 2020 | 2% | £632pcm |
| June 2019 | 3.1% | £619pcm |
| June 2018 | 0.5% | £601pcm |
| June 2017 | -0.1% | £598pcm |
| June 2016 | 1.8% | £599pcm |
| June 2015 | -0.1% | £588pcm |
| June 2014 | 1.4% | £589pcm |
| June 2013 | 0.3% | £581pcm |
| June 2012 | 0.4% | £579pcm |
| June 2011 | 1.3% | £577pcm |
| June 2010 | 5.7% | £569pcm |
| June 2009 | -1.4% | £539pcm |
| June 2008 | 3.9% | £546pcm |
| June 2007 | 0% | £526pcm |
Sales History
The last recorded sale was on 10th November 2025 for £200,000 and since then the market in the area has increased by 1.1%.
LA3 2PS has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Nov 2025£200,000 | 2 Bed House5, Bailey Lane, Morecambe, LA3 2PS5, Bailey Lane, Morecambe, LA3 2PS
- Sold Sep 2024£240,000 | 3 Bed House27, Bailey Lane, Morecambe, LA3 2PS27, Bailey Lane, Morecambe, LA3 2PS
- Sold Jul 2024£190,000 | 2 Bed House25, Bailey Lane, Morecambe, LA3 2PS25, Bailey Lane, Morecambe, LA3 2PS
Nearby Postcodes
LA3 2PS is the 782nd largest and the 1039th most expensive postcode out of the 1,421 postcodes in the LA3 area.
- LA3 2RW, Main Street, Heysham, Morecambe, LA3LA3 2RW27 Addresses|43 m away
- LA3 2RN, Main Street, Heysham, Morecambe, LA3LA3 2RN17 Addresses|43 m away
- LA3 2PP, St. Marys Road, Heysham, Morecambe, LA3LA3 2PP7 Addresses|65 m away
- LA3 2PW, Woborrow Road, Heysham, Morecambe, LA3LA3 2PW30 Addresses|84 m away
- LA3 2PU, Knowlys Road, Heysham, Morecambe, LA3LA3 2PU5 Addresses|107 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 2 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- period house (9)
- period flat (1)
- modern house (2)
- mid-century house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (2)
- G (0)
- D (6)
- No EPC (3)
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 School300 m away
- Mossgate Primary School900 m away
- St Patrick's Catholic Primary School1.1 km away
- Bay Leadership Academy2.0 km away
- Morecambe Bay Academy4.6 km away
- Lancaster Girls' Grammar School6.3 km away
More reading links
Public Transport Nearby
The closest station to LA3 2PS is Heysham Port station, which is 1.7 kilometres away.
- Heysham Port|1.7 km away
- Morecambe|3.3 km away
- Bare Lane|5.3 km away
- Lancaster|6.0 km away
