The Morecambe Property Market Update | November 2025

November brought a sense of welcome stability to Morecambe’s housing market. After months of uncertainty, both landlords and tenants now have a clear view of what lies ahead with the Renters’ Reform Act thanks to the Government’s new guidance (covered in detail in our separate article). And now that the Budget has been delivered, homeowners can move forward confidently too.

For most local movers, there were no major surprises. The proposed Mansion Tax applies only to homes over £2 million—far above prices in our more affordable coastal town—and stamp duty remains unchanged. Landlords will see a 2% rise in income tax, which we have also explained separately. For now, though, the focus is firmly on November, how it compares to previous years, and what we expect as we head into December and 2026.

What is selling?

November saw 74 agreed sales in Morecambe—slightly down on last year’s 86, reflecting the quieter lead-up to the Budget.

Semi-detached homes performed strongly with 19 sales, terraced homes closely behind with 20, and both apartments and bungalows achieving 14 sales each. Detached homes saw 6 sales, along with 1 park home.  It is interesting to note that 83% of all house sales were priced below 83%.  

By postcode, LA3 1 (Heysham) was the busiest with 23 sales agreed.

What is happening with house prices?

Morecambe’s house prices remain stable, with the strongest performance coming from terraced and semi-detached homes. Terraces have seen the fastest annual growth, with prices per sq ft rising 6.3%, an average price of £149,225, and 169 sales in the last 12 months. Semi-detached homes remain the most sought-after, with 339 sales, annual growth of 3.2%, and an average price of £197,333.

Detached homes continue to show steady growth at 2.6% year-on-year and an average price of £287,414, while apartments remain the only segment facing downward pressure, with prices down 5.5% year-on-year. Even so, activity levels are still healthy, with 102 apartment sales completed over the year.

Overall, Morecambe continues to offer strong value, with terraced and semi-detached homes driving the market and supporting price stability.

What this means for buyers and sellers?

For buyers, Morecambe remains one of the most affordable coastal locations in the North West. With stable prices, unchanged stamp duty and a good level of available stock (863 homes currently on the market), it’s a great time to plan a move.

For sellers, the message remains consistent: homes that achieve the **3 P’s—Price, Presentation and Promotion—**continue to perform well. Even in a quieter month, well-prepared and sensibly priced properties attracted solid interest.

What happened with the Budget?

The Budget brought reassurance rather than disruption. With no new hurdles for typical homeowners and only a modest tax change for landlords, confidence has already begun to return. Together with the clarity provided by the Renters’ Reform Act update, Morecambe’s market enters winter on much firmer ground.

Summary

November was a calmer, more predictable month for Morecambe’s property market—exactly what many had been waiting for. Sales were slightly lower, but this reflects the anticipation surrounding the Renters’ Reform guidance and the Budget rather than any decline in demand.

December has started strongly, and while the Christmas period naturally brings a short seasonal pause, it will be nothing more than that. Early signs for 2026 are positive, with motivated buyers already making enquiries and sellers preparing to list in the New Year. And with the Eden Project edging ever closer, we expect confidence—and demand—to continue building as we move into the spring market.

Morecambe remains one of the most affordable coastal towns in the region, and with stability returning, the outlook for the year ahead is encouraging.   Do you have any questions?  If so, please ask, we are always here to help.

Thanks for reading

Michelle