Housing Market Analysis for CHEAPSIDE, LA1 1LY

Are you looking to understand LA1 1LY 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 1LY area, explore the LA1 1LY Area information page.
For comprehensive crime statistics in the LA1 1LY area, explore the LA1 1LY Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £567,500 median price is £567,500 Standard Deviation is £57,500 with Total Sold: 2
    • The Last 5 Year average price is £567,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1A CHEAPSIDE: £510,000 (Sold on 12 Jul 2022)
    • The first recorded sale happened at this postcode is 11 CHEAPSIDE: £625,000 (Sold on 12 Apr 2022)
  • Detached
    • The average price is around £752,500 median price is £752,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 CHEAPSIDE: £752,500 (Sold on 29 Sep 2000)
    • The first recorded sale happened at this postcode is 11 CHEAPSIDE: £752,500 (Sold on 29 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 1LY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£567,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£752,5001

All the Sales in the CHEAPSIDE, LA1 1LY

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

AddressSold DatePrice% Change
1A CHEAPSIDEOther, Freehold12 Jul 2022£510,000First Sale
11 CHEAPSIDEOther, Freehold12 Apr 2022£625,000-16.94%
29 Sep 2000£752,500First Sale

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

CHEAPSIDE, LA1 1LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 1LY 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 1LY postcode.

  • Flat
    • The average price is around £100,748 median price is £100,000 Standard Deviation is £48,094 with Total Sold: 2,028
    • The Last 5 Year average price is £121,743 with Total Sold: 279
    • The most recent sale happened at this postcode is , 47 SPINNERS COURT: £118,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is 6, MILL HOUSE MOOR CLOSE: £34,000 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £115,062 median price is £105,000 Standard Deviation is £109,900 with Total Sold: 1,753
    • The Last 5 Year average price is £189,722 with Total Sold: 254
    • The most recent sale happened at this postcode is , 6 DE VITRE STREET: £167,500 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 23 PORTLAND STREET: £76,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £116,830 median price is £106,000 Standard Deviation is £71,076 with Total Sold: 203
    • The Last 5 Year average price is £188,750 with Total Sold: 20
    • The most recent sale happened at this postcode is , 126B ULLSWATER ROAD: £175,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 13 PORTLAND STREET: £54,000 (Sold on 02 Jun 1995)
  • Other
    • The average price is around £644,354 median price is £265,000 Standard Deviation is £1,126,475 with Total Sold: 192
    • The Last 5 Year average price is £458,494 with Total Sold: 98
    • 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 £291,468 median price is £233,000 Standard Deviation is £207,621 with Total Sold: 69
    • The Last 5 Year average price is £391,312 with Total Sold: 8
    • The most recent sale happened at this postcode is , LINDOW COTTAGE LINDOW STREET: £540,000 (Sold on 15 Jan 2024)
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,655 £1,894 19
2023£129,864 £2,192 53
2022£122,786 £2,178 68
2021£123,821 £2,033 53
2020£122,575 £1,844 46
2019£109,819 £1,850 40
2018£115,816 £1,872 53
2017£118,242 £1,984 66
2016£119,240 £1,960 50
2015£124,719 £2,185 63
2014£103,584 £1,858 85
2013£111,909 £1,693 54
2012£105,361 £1,826 44
2011£113,424 £1,787 47
2010£112,259 £2,044 60
2009£105,649 £1,679 112
2008£136,209 £2,132 63
2007£120,934 £2,114 72
2006£123,794 £2,078 88
2005£125,023 £1,986 71
2004£122,240 £2,007 239
2003£87,192 £1,474 75
2002£78,449 £1,249 98
2001£51,052 £948 56
2000£50,984 £887 60
1999£43,088 £860 51
1998£45,273 £869 63
1997£42,382 £912 81
1996£45,309 £879 52
1995£42,327 £945 46
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,029 £1,729 17
2023£177,751 £2,146 37
2022£185,997 £2,009 53
2021£206,941 £2,066 54
2020£215,584 £1,904 48
2019£164,277 £1,661 45
2018£139,537 £1,645 51
2017£143,555 £1,657 56
2016£151,430 £1,612 54
2015£152,514 £1,672 51
2014£128,764 £1,602 43
2013£161,405 £1,693 43
2012£138,298 £1,580 38
2011£138,592 £1,648 43
2010£128,976 £1,578 43
2009£129,332 £1,489 57
2008£147,563 £1,567 40
2007£147,768 £1,715 88
2006£122,286 £1,487 88
2005£121,121 £1,383 63
2004£125,461 £1,438 66
2003£93,205 £1,108 82
2002£90,168 £844 103
2001£55,261 £682 97
2000£48,992 £583 84
1999£48,542 £534 65
1998£46,582 £465 76
1997£44,030 £500 58
1996£40,816 £468 61
1995£42,244 £469 49
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,6673
2023£233,000 £2,558 3
2022£171,500 £1,438 2
2021£184,833 £1,969 3
2020£188,929 £1,939 7
2019£110,500 £1,416 2
2018£126,667 £1,523 3
2017£142,333 £1,676 3
2015£129,983 £1,903 3
2014£375,000 £1,576 1
2013£219,250 £1,402 2
2012£152,750 £1,447 4
2011£133,475 £1,801 2
2010£156,100 £1,401 5
2009£162,614 £1,662 11
2008£143,625 £1,790 12
2007£168,500 £1,743 6
2006£142,050 £1,631 10
2005£120,082 £1,482 8
2004£135,312 £1,264 8
2003£80,242 £1,038 19
2002£103,046 £974 29
2001£73,652 £799 19
2000£60,208 £765 12
1999£116,600 £693 5
1998£45,285 £736 10
1997£59,000 £438 4
1996£54,150 £528 6
1995£54,000 £482 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,1673
2023£655,357 £26,471 14
2022£337,871 £1,651 21
2021£323,300 £8,929 20
2020£788,286 £2,264 18
2019£330,656 £4,231 22
2018£573,602 £2,784 36
2017£862,926 £1,144 29
2016£852,34315
2015£1,211,3005
2014£2,282,0836
2013£172,5002
2008£230,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,000 £2,222 1
2023£498,333 £3,096 3
2022£317,750 £1,886 2
2021£240,000 £1,983 1
2020£220,000 £1,392 1
2018£425,000 £1,771 1
2017£319,0001
2016£360,833 £3,051 3
2012£471,000 £1,617 1
2011£348,0001
2010£265,490 £1,651 3
2009£292,625 £1,939 2
2008£337,500 £1,406 1
2007£240,0001
2006£448,333 £1,252 3
2005£248,750 £2,301 4
2004£700,0001
2003£244,634 £1,524 8
2002£133,590 £835 11
2001£369,750 £939 4
2000£384,000 £1,031 4
1999£232,000 £756 1
1998£400,250 £1,013 2
1997£77,000 £899 2
1996£134,600 £680 5
1995£517,5002

House Type in LA1 1LY area

The most common house types in the LA1 1LY postcode area are commercial building (51), Flat (24), and Terraced (16).

Total127
commercial building51
Flat24
Terraced16
converted building15
Shared house12
Semi-detached5
Detached4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (99), and Owned: Owns outright (10).

Private rented: Private landlord or letting agency99
Owned: Owns outright10
Social rented: Other social rented7
Private rented: Other private rented6
Owned: Owns with a mortgage or loan5
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LA1 1LY have 1 person in household (47), and 2 people in household (28).

1 person in household47
2 people in household28
3 people in household15
6 people in household12
8 or more people in household11
5 people in household10
4 people in household4
7 people in household1
0 people in household0