The Way - LA3 3AE
Key Street Insights
The Way is a residential street with 3 addresses.
It ranks as the 53rd largest and 177th most expensive of the 909 streets in the LA3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £130,364
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £645pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
The Way is a residential street with 3 addresses.
It ranks as the 53rd largest and 177th most expensive of the 909 streets in the LA3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £130,364
- 10 Year change
- up 26.5%
- Ave. Rental Price
- £645pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Sales Market Trends
The last sale on The Way sold for £136,000 on 22nd September 2023. Since then prices are up an average of 0.2%.
The current average value in the street is £130,364.
The The Way Sales Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1% | £130,364 |
| July 2025 | 0.4% | £131,674 |
| July 2024 | 1.2% | £131,175 |
| July 2023 | 1.2% | £129,614 |
| July 2022 | 9.9% | £128,040 |
| July 2021 | 4.4% | £116,502 |
| July 2020 | 4.8% | £111,594 |
| July 2019 | 1.7% | £106,468 |
| July 2018 | 0.6% | £104,679 |
| July 2017 | 1% | £104,086 |
| July 2016 | 0.2% | £103,068 |
| July 2015 | 3.3% | £102,862 |
| July 2014 | 4.4% | £99,529 |
| July 2013 | -3.7% | £95,377 |
| July 2012 | -0.8% | £99,043 |
| July 2011 | -0.8% | £99,824 |
| July 2010 | 1.4% | £100,645 |
| July 2009 | -10.4% | £99,289 |
| July 2008 | -3% | £110,870 |
| July 2007 | 0% | £114,354 |
Rental Market Trends
The current average rental value in the street is £645.
The The Way Rental Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.9% | £645pcm |
| July 2025 | 2.8% | £626pcm |
| July 2024 | 11% | £610pcm |
| July 2023 | 4.1% | £549pcm |
| July 2022 | 6.3% | £527pcm |
| July 2021 | 1.4% | £496pcm |
| July 2020 | 1.1% | £489pcm |
| July 2019 | 2.2% | £484pcm |
| July 2018 | -1% | £473pcm |
| July 2017 | -1.4% | £478pcm |
| July 2016 | 1.1% | £485pcm |
| July 2015 | -0.3% | £479pcm |
| July 2014 | 1% | £481pcm |
| July 2013 | -0.6% | £476pcm |
| July 2012 | -0.6% | £479pcm |
| July 2011 | 1.3% | £482pcm |
| July 2010 | 3.3% | £476pcm |
| July 2009 | -4.5% | £461pcm |
| July 2008 | 3.5% | £483pcm |
| July 2007 | 0% | £466pcm |
Sales History
The last recorded sale was on 22nd September 2023 for £136,000 and since then the market in the area has increased by 0.2%.
The Way, Morecambe, LA3 has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Sep 2023£136,000 | 2 Bed Flat3, The Way, Morecambe, LA3 3AE3, The Way, Morecambe, LA3 3AE
- Sold May 2022£125,000 | 2 Bed Flat1, The Way, Morecambe, LA3 3AE1, The Way, Morecambe, LA3 3AE
- Sold Jul 2021£96,600 | 2 Bed Flat1, The Way, Morecambe, LA3 3AE1, The Way, Morecambe, LA3 3AE
Top 3 Most Expensive Sales
- Sold Sep 2023£136,000 | 2 Bed Flat3, The Way, Morecambe, LA3 3AE3, The Way, Morecambe, LA3 3AE
- Sold May 2022£125,000 | 2 Bed Flat1, The Way, Morecambe, LA3 3AE1, The Way, Morecambe, LA3 3AE
- Sold Apr 2011£100,000 | 2 Bed Flat1, The Way, Morecambe, LA3 3AE1, The Way, Morecambe, LA3 3AE
Nearby Streets
The Way, Morecambe, LA3 is the 53rd largest and the 177th most expensive street in the LA3 area.
- Stanhope Court, Morecambe, LA317 Addresses|107 m away
- Norwood Drive, Morecambe, LA476 Addresses|157 m away
- Marsh Crescent, Morecambe, LA420 Addresses|165 m away
- Morecambe Road, Morecambe, LA382 Addresses|231 m away
- Kent Way, Morecambe, LA36 Addresses|246 m away
- Homfray Grove, Morecambe, LA330 Addresses|246 m away
Property Types
- 2 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- mid-century flat (2)
- early-century flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (0)
Schools Nearby
- Morecambe and Heysham Grosvenor Park Primary School500 m away
- Morecambe and Heysham Torrisholme Community Primary School600 m away
- Great Wood Primary School1.1 km away
- Morecambe Bay Academy1.8 km away
- Our Lady's Catholic College2.2 km away
- Lancaster Girls' Grammar School2.7 km away
More reading links
Public Transport Nearby
The closest station to The Way, Morecambe, LA3 - LA3 3AE is Bare Lane station, which is 1.4 kilometres away.
- Bare Lane|1.4 km away
- Lancaster|2.3 km away
- Morecambe|2.6 km away
