4.2% Average
Rental Yield in LA3 — MORECAMBE
Rent data based on Lancaster local authority median. Our methodology
Average ↓ below North West average (4.2%)
· ↑ above England average (3.6%)
£179,000
Median Price
£625
Monthly Rent
4.2%
Gross Yield
1,117
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £280,000 | 209 |
| Semi-detached | £182,000 | 472 |
| Terraced | £145,000 | 270 |
| Flat | £102,500 | 113 |
| Other | £200,000 | 53 |
Compare Nearby Postcodes
Compare LA3 side by side →LA3 is part of Lancaster. View all postcode districts in Lancaster.
Frequently Asked Questions
What is the rental yield in LA3?
LA3 has a gross rental yield of 4.2%. The median property price is £179,000 with typical monthly rents of £625, based on Land Registry and VOA data.
Is LA3 a good area for buy-to-let?
LA3 yields 4.2%, above the England average of 3.6%. With 1,117 transactions over 3 years, the data is reliable.
What is the median property price in LA3?
The median property price in LA3 is £179,000, based on 1,117 Land Registry transactions over 3 years. This compares to £179,000 across Lancaster as a whole.
Data updated quarterly · Last update: Q1 2026