Housing Market Analysis for ALBION MEWS, LA1 1GE

Are you looking to understand LA1 1GE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Lancaster postcode.

For the location information and nearby amenities in the LA1 1GE area, explore the LA1 1GE Area information page.
For comprehensive crime statistics in the LA1 1GE area, explore the LA1 1GE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA1 1GE postcode area, The average prices are as follows,

Flat
- The average price is around £43,626 median price is £50,000 Standard Deviation is £14,173 with Total Sold: 25
- The Last 5 Year average price is £62,500 with Total Sold: 2
- The most recent sale happened at this postcode is 6 ALBION MEWS: £62,500 (Sold on 06 Dec 2019)
- The first recorded sale happened at this postcode is 3 ALBION MEWS: £26,000 (Sold on 29 Mar 1996)
Detached
- The average price is around £50,575 median price is £50,575 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 20 ALBION MEWS: £50,575 (Sold on 23 Sep 2003)
- The first recorded sale happened at this postcode is 20 ALBION MEWS: £50,575 (Sold on 23 Sep 2003)
Semi-Detached
- The average price is around £78,000 median price is £78,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 21 ALBION MEWS: £78,000 (Sold on 17 Nov 2000)
- The first recorded sale happened at this postcode is 21 ALBION MEWS: £78,000 (Sold on 17 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 1GE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£62,500	£1,358	2
2018	£50,000	£952	1
2017	£58,250	£1,286	2
2015	£53,000	£1,262	1
2014	£51,000	£879	1
2012	£45,900	£866	1
2010	£55,250	£1,052	1
2006	£55,000		1
2005	£55,000	£982	1
2004	£57,812	£1,167	2
2003	£55,000		1
2002	£41,437	£753	1
2001	£27,000	£482	1
2000	£26,000	£580	2
1999	£28,750	£630	2
1997	£26,650	£465	3
1996	£27,750	£533	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£50,575		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£78,000	£1,485	1

All the Sales in the ALBION MEWS, LA1 1GE

See the table below for more details on the sold house prices in the LA1 1GE, Lancaster postcode.

Address	Sold Date	Price	% Change
6 ALBION MEWSFlat, LeaseholdArea: 50.86 Sq.mtrAge: 1983-1990	06 Dec 2019	£62,500	First Sale
18 ALBION MEWSFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-1982	24 May 2019	£62,500	17.92%
	14 Aug 2015	£53,000	103.85%
	18 Apr 2000	£26,000	First Sale
21 ALBION MEWSFlat, LeaseholdArea: 52.53 Sq.mtrAge: 1983-1990	20 Apr 2018	£50,000	-9.50%
	01 Jun 2010	£55,250	-29.17%
	17 Nov 2000	£78,000	First Sale
11 ALBION MEWSFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-1982	19 Dec 2017	£57,000	96.55%
11 ALBION MEWSFlat, LeaseholdArea: 42 Sq.mtrAge: 1976-1982	16 Aug 1999	£29,000	First Sale
15 ALBION MEWSFlat, LeaseholdArea: 49 Sq.mtrAge: 1976-1982	12 Sep 2017	£59,500	First Sale
2 ALBION MEWSFlat, LeaseholdArea: 58 Sq.mtrAge: 1991-1995	21 Mar 2014	£51,000	First Sale
14 ALBION MEWSFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-1975	04 Oct 2012	£45,900	70.00%
14 ALBION MEWSFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-1975	18 Jul 1997	£27,000	First Sale
22 ALBION MEWSFlat, Leasehold	27 Oct 2006	£55,000	First Sale
9 ALBION MEWSFlat, LeaseholdArea: 56 Sq.mtrAge: 1983-1990	25 Aug 2005	£55,000	103.70%
9 ALBION MEWSFlat, LeaseholdArea: 56 Sq.mtrAge: 1983-1990	02 Feb 2001	£27,000	First Sale
7 ALBION MEWSFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	28 May 2004	£53,125	First Sale
8 ALBION MEWSFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	07 May 2004	£62,500	119.30%
8 ALBION MEWSFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	18 Jan 1999	£28,500	First Sale
20 ALBION MEWSDetached, Leasehold	23 Sep 2003	£50,575	87.66%
20 ALBION MEWSDetached, Leasehold	28 Jul 1997	£26,950	First Sale
23 ALBION MEWSFlat, Leasehold	27 Jun 2003	£55,000	First Sale
25 ALBION MEWSFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-1990	21 Jun 2002	£41,437	59.37%
	27 Jul 2000	£26,000	0.0
	26 Sep 1997	£26,000	First Sale
17 ALBION MEWSFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-1990	15 Apr 1996	£29,500	First Sale
3 ALBION MEWSFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	29 Mar 1996	£26,000	First Sale

Check out the sold house prices near the LA1 1GE postcode. Properties currently for saleProperties currently for rent

ALBION MEWS, LA1 1GE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 1GE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LA1 1GE postcode.

Semi-Detached
- The average price is around £129,448 median price is £110,500 Standard Deviation is £94,597 with Total Sold: 399
- The Last 5 Year average price is £232,980 with Total Sold: 47
- The most recent sale happened at this postcode is , 96 KESWICK ROAD: £210,000 (Sold on 27 Sep 2024)
- The first recorded sale happened at this postcode is , 66 PARK ROAD: £63,000 (Sold on 22 Jun 1995)
Terraced
- The average price is around £103,795 median price is £100,000 Standard Deviation is £84,564 with Total Sold: 2,594
- The Last 5 Year average price is £167,224 with Total Sold: 394
- The most recent sale happened at this postcode is , 62 GRASMERE ROAD: £249,950 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 13 SHAW STREET: £31,500 (Sold on 23 Jan 1995)
Flat
- The average price is around £85,684 median price is £81,995 Standard Deviation is £45,172 with Total Sold: 851
- The Last 5 Year average price is £101,004 with Total Sold: 117
- The most recent sale happened at this postcode is , 49 WATERSIDE: £140,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is 6, MILL HOUSE MOOR CLOSE: £34,000 (Sold on 03 Feb 1995)
Other
- The average price is around £782,122 median price is £295,000 Standard Deviation is £1,322,526 with Total Sold: 93
- The Last 5 Year average price is £586,052 with Total Sold: 48
- The most recent sale happened at this postcode is , 6A DAMSIDE STREET: £153,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , MINT JUICE BAR, 34 CHURCH STREET: £230,000 (Sold on 01 Apr 2008)
Detached
- The average price is around £264,503 median price is £216,500 Standard Deviation is £186,135 with Total Sold: 86
- The Last 5 Year average price is £341,375 with Total Sold: 8
- The most recent sale happened at this postcode is , 1 DALTON ROAD: £250,000 (Sold on 16 Oct 2023)
- The first recorded sale happened at this postcode is , 14 PENNY STREET: £650,000 (Sold on 06 Jun 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,000		4
2023	£258,994	£2,650	8
2022	£195,492	£2,404	6
2021	£217,647	£1,963	13
2020	£185,417	£1,744	6
2019	£270,325	£1,907	10
2018	£161,083	£1,828	6
2017	£212,083	£2,326	6
2016	£282,771	£2,393	7
2015	£213,155	£1,742	11
2014	£191,875	£1,770	12
2013	£122,700	£1,543	5
2012	£174,917	£1,638	6
2011	£171,750	£1,672	9
2010	£210,295	£2,099	10
2009	£144,208	£1,551	19
2008	£143,128	£1,670	11
2007	£146,625	£1,560	12
2006	£133,352	£1,577	26
2005	£122,342	£1,407	18
2004	£139,053	£1,345	16
2003	£76,773	£999	28
2002	£92,214	£898	53
2001	£61,999	£741	24
2000	£58,031	£785	18
1999	£66,725	£619	12
1998	£54,174	£612	19
1997	£53,337	£447	8
1996	£40,927	£523	13
1995	£65,333	£507	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,369	£2,442	31
2023	£173,539	£2,270	66
2022	£159,194	£2,128	68
2021	£173,952	£2,089	82
2020	£184,709	£1,848	75
2019	£140,499	£1,841	72
2018	£126,162	£1,659	85
2017	£128,952	£1,671	83
2016	£127,406	£1,697	77
2015	£124,428	£1,652	78
2014	£131,592	£1,730	81
2013	£126,632	£1,551	58
2012	£131,940	£1,601	64
2011	£121,511	£1,707	67
2010	£125,182	£1,701	72
2009	£116,629	£1,521	73
2008	£128,679	£1,695	51
2007	£125,942	£1,656	120
2006	£121,731	£1,549	124
2005	£114,723	£1,421	94
2004	£113,290	£1,389	96
2003	£85,123	£1,114	127
2002	£77,286	£845	144
2001	£50,518	£648	137
2000	£43,704	£595	126
1999	£41,282	£535	92
1998	£36,379	£481	102
1997	£40,152	£502	88
1996	£41,289	£491	92
1995	£38,587	£469	69

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,921	£1,875	7
2023	£112,876	£1,878	21
2022	£103,042	£1,930	29
2021	£95,622	£1,749	20
2020	£94,026	£1,778	19
2019	£93,782	£1,682	21
2018	£87,241	£1,682	32
2017	£92,207	£1,577	23
2016	£104,095	£1,715	21
2015	£85,283	£1,481	24
2014	£82,479	£1,516	28
2013	£85,433	£1,636	18
2012	£94,929	£1,548	19
2011	£106,367	£1,750	23
2010	£97,834	£1,596	13
2009	£94,886	£1,559	11
2008	£114,139	£1,780	14
2007	£104,140	£1,846	39
2006	£112,581	£2,043	50
2005	£103,752	£1,747	41
2004	£117,443	£1,999	89
2003	£71,196	£1,260	31
2002	£78,514	£1,182	83
2001	£44,575	£805	28
2000	£44,576	£686	30
1999	£32,955	£637	20
1998	£33,582	£636	15
1997	£34,402	£707	33
1996	£40,699	£870	34
1995	£37,062	£729	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,000		2
2023	£1,010,000		5
2022	£481,333	£1,014	9
2021	£344,091		11
2020	£901,499	£2,264	12
2019	£425,278	£4,815	9
2018	£847,800		15
2017	£765,743	£1,283	15
2016	£1,125,900		8
2015	£307,000		2
2014	£3,469,167		3
2013	£145,000		1
2008	£230,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£250,000	£2,475	1
2022	£123,000	£1,636	1
2021	£469,333	£2,663	3
2020	£372,500	£2,259	2
2019	£205,000	£2,071	1
2017	£348,488	£2,340	4
2016	£361,667	£2,857	3
2014	£295,000	£2,374	2
2012	£346,667	£1,838	3
2011	£411,750	£2,732	4
2010	£403,333	£2,477	3
2009	£132,000	£1,250	2
2007	£312,990	£1,694	5
2006	£316,875	£2,102	8
2005	£236,667		3
2004	£299,975	£1,404	2
2003	£183,572	£1,326	8
2002	£141,187	£1,115	8
2001	£214,100	£1,040	4
2000	£335,700	£694	5
1999	£68,231	£833	4
1998	£293,333	£561	3
1997	£59,500	£699	2
1996	£65,250		2
1995	£280,333	£509	3

House Type in LA1 1GE area

The most common house types in the LA1 1GE postcode area are Terraced (112), Flat (32), and Semi-detached (8).

Total	154
Terraced	112
Flat	32
Semi-detached	8
Detached	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (75), and Owned: Owns outright (28).

Private rented: Private landlord or letting agency	75
Owned: Owns outright	28
Social rented: Other social rented	25
Owned: Owns with a mortgage or loan	13
Shared ownership: Shared ownership	7
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 1GE have 1 person in household (46), and 2 people in household (44).

1 person in household	46
2 people in household	44
3 people in household	30
4 people in household	24
5 people in household	9
7 people in household	3
0 people in household	0
6 people in household	0
8 or more people in household	0