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Elms Lane is a residential street with 8 addresses.
It ranks as the 188th largest and 278th most expensive of the 909 streets in the LA4 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 8 properties: 8 flats.
Elms Lane is a residential street with 8 addresses.
It ranks as the 188th largest and 278th most expensive of the 909 streets in the LA4 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 8 properties: 8 flats.
Sale prices range from £113,851 for 1 bedroom leasehold flats (330 ft2) to £166,621 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £583 pcm for 1 bed flats to £786 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 6.1%.
The average value per square foot is £268.
The last sale on Elms Lane sold for £140,000 on 24th September 2024. Since then prices are up an average of 0.2%.
The current average value in the street is £151,154.
The Elms Lane Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £151,154 |
| May 2025 | 1.2% | £151,365 |
| May 2024 | 1.3% | £149,522 |
| May 2023 | 1.8% | £147,661 |
| May 2022 | 9.3% | £145,072 |
| May 2021 | 4.8% | £132,746 |
| May 2020 | 3.3% | £126,648 |
| May 2019 | 1.1% | £122,625 |
| May 2018 | 0.1% | £121,256 |
| May 2017 | 1.5% | £121,104 |
| May 2016 | 0.3% | £119,337 |
| May 2015 | 3.1% | £119,006 |
| May 2014 | 3.7% | £115,457 |
| May 2013 | -3.2% | £111,303 |
| May 2012 | -1.3% | £114,992 |
| May 2011 | -1.8% | £116,472 |
| May 2010 | 1.4% | £118,638 |
| May 2009 | -11.8% | £117,036 |
| May 2008 | 0.2% | £132,644 |
| May 2007 | 0% | £132,334 |
The current average rental value in the street is £744.
The Elms Lane Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £744pcm |
| May 2025 | 5% | £719pcm |
| May 2024 | 11.2% | £685pcm |
| May 2023 | 3.1% | £616pcm |
| May 2022 | 6% | £597pcm |
| May 2021 | 0.9% | £564pcm |
| May 2020 | 2.4% | £559pcm |
| May 2019 | 0.5% | £546pcm |
| May 2018 | -1.1% | £543pcm |
| May 2017 | -1.2% | £549pcm |
| May 2016 | 0.2% | £556pcm |
| May 2015 | 1.5% | £554pcm |
| May 2014 | -0.9% | £546pcm |
| May 2013 | 0% | £551pcm |
| May 2012 | -1.2% | £551pcm |
| May 2011 | 2.3% | £558pcm |
| May 2010 | 0.9% | £545pcm |
| May 2009 | -4.6% | £540pcm |
| May 2008 | 6.4% | £566pcm |
| May 2007 | 0% | £532pcm |
The last sale was on 24th September 2024 for £140,000 and since then the market in the area has increased by 0.2%. The street has had a total of 17 sales since 1995.
Elms Lane, Morecambe, LA4 has seen 2 sales in the last three years and no sales in the last twelve months.
Elms Lane, Morecambe, LA4 is the 188th largest and the 278th most expensive street in the LA4 area.
There is 1 postcode on Elms Lane, Morecambe, LA4.
The closest station to Elms Lane, Morecambe, LA4 is Bare Lane station which is 500 metres away.
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