# LA3 Morecambe: Market Analysis LA3 Morecambe demonstrates moderate growth dynamics relative to national benchmarks, ranking at the 57th percentile with a trajectory score of 51.2. Over five years, property prices grew at a compound annual rate of 2.5%, while rental yields expanded more substantially at 4.9% CAGR, indicating stronger investor income potential than capital appreciation. Population growth remained constrained at 0.7% over the same period. The district is classified as latent-stage gentrification, suggesting limited neighbourhood transformation activity to date. This performance profile reflects a secondary coastal market with rental demand outpacing price escalation, characteristic of locations attracting longer-term income-focused investment rather than rapid equity growth.
Domain breakdown
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See plans from £20/moKey signals
- 1Property prices up 2.1% over 5 years (5yr CAGR)
- 2Rents growing at 4.9% per year
- 3Population growing at 0.7% per year
Nearby districts
What's changing in Morecambe · June 2026
The trajectory score moved down 0.5 points this month to 51/100, driven mainly by safety.
Morecambe (LA3) common questions
Is Morecambe up and coming?
Morecambe (LA3) has a trajectory score of 51/100 (Strong), placing it in the top 46% of postcode districts in England and Wales. The score is up 0.2 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Morecambe safe?
Morecambe has a safety score of 57/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Morecambe?
The average property price in Morecambe (LA3) is £213k as of January 2026, based on UK House Price Index data. Prices have grown at 2.1% per year over the last five years.
What is the average rent in Morecambe?
The median monthly rent in Morecambe (LA3) is £789 (2026), based on ONS private rental data.
Which areas are near Morecambe?
Neighbouring postcode districts include Lancaster (LA1), Fleetwood (FY7), Blackpool (FY4), Lancaster (LA2), Skelmersdale (WN8). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.