Housing Market Analysis for CHEAPSIDE, LA1 1LZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £627,500 median price is £627,500 Standard Deviation is £172,500 with Total Sold: 2
    • The Last 5 Year average price is £627,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 16 - 18 CHEAPSIDE: £800,000 (Sold on 27 Jan 2022)
    • The first recorded sale happened at this postcode is 22 CHEAPSIDE: £455,000 (Sold on 07 Feb 2020)
  • Detached
    • The average price is around £249,000 median price is £249,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 CHEAPSIDE: £249,000 (Sold on 23 Nov 2005)
    • The first recorded sale happened at this postcode is 2 CHEAPSIDE: £249,000 (Sold on 23 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 1LZ 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£800,0001
2020£455,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£249,0001

All the Sales in the CHEAPSIDE, LA1 1LZ

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

AddressSold DatePrice% Change
16 - 18 CHEAPSIDEOther, Freehold27 Jan 2022£800,000First Sale
22 CHEAPSIDEOther, Freehold07 Feb 2020£455,000First Sale
2 CHEAPSIDEDetached, Freehold23 Nov 2005£249,000First Sale

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

CHEAPSIDE, LA1 1LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £117,449 median price is £105,000 Standard Deviation is £114,697 with Total Sold: 1,577
    • The Last 5 Year average price is £192,778 with Total Sold: 242
    • The most recent sale happened at this postcode is , 6 ST LUKES COURT: £180,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 23 PORTLAND STREET: £76,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £99,988 median price is £99,825 Standard Deviation is £48,134 with Total Sold: 2,074
    • The Last 5 Year average price is £121,323 with Total Sold: 283
    • 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)
  • Semi-Detached
    • The average price is around £116,541 median price is £103,000 Standard Deviation is £72,405 with Total Sold: 187
    • The Last 5 Year average price is £190,262 with Total Sold: 17
    • 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 £602,156 median price is £270,000 Standard Deviation is £1,055,615 with Total Sold: 185
    • The Last 5 Year average price is £433,678 with Total Sold: 95
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£159,469 £1,864 16
2023£180,396 £2,195 38
2022£188,105 £2,035 51
2021£211,879 £2,068 51
2020£226,834 £1,922 42
2019£166,351 £1,676 44
2018£141,130 £1,659 45
2017£147,723 £1,618 52
2016£152,739 £1,573 49
2015£152,147 £1,684 49
2014£128,546 £1,533 41
2013£163,547 £1,691 36
2012£146,580 £1,509 26
2011£141,973 £1,688 38
2010£130,149 £1,566 40
2009£129,884 £1,454 50
2008£148,843 £1,537 38
2007£149,269 £1,733 81
2006£123,088 £1,450 71
2005£122,233 £1,375 59
2004£130,972 £1,443 54
2003£96,926 £1,131 75
2002£95,666 £831 86
2001£55,069 £661 88
2000£48,912 £579 81
1999£50,337 £544 63
1998£47,124 £458 68
1997£44,547 £497 53
1996£38,219 £453 54
1995£43,489 £435 38
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,525 £1,894 18
2023£128,560 £2,213 55
2022£123,135 £2,183 70
2021£123,279 £2,049 52
2020£120,614 £1,862 48
2019£110,469 £1,876 40
2018£115,659 £1,876 55
2017£116,063 £1,984 70
2016£119,783 £1,991 53
2015£124,425 £2,183 63
2014£103,307 £1,860 85
2013£110,555 £1,701 56
2012£105,649 £1,828 43
2011£112,780 £1,788 48
2010£112,399 £2,042 59
2009£105,649 £1,679 112
2008£134,846 £2,137 67
2007£119,897 £2,122 75
2006£123,707 £2,065 89
2005£124,678 £1,999 71
2004£122,298 £2,008 238
2003£86,914 £1,477 76
2002£78,643 £1,251 96
2001£50,564 £953 60
2000£50,125 £886 64
1999£42,831 £853 55
1998£45,810 £866 65
1997£41,752 £897 87
1996£45,092 £883 55
1995£43,583 £945 49
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,6673
2023£212,238 £2,203 4
2022£171,500 £1,438 2
2021£128,000 £1,910 1
2020£213,625 £1,944 4
2019£141,667 £1,670 3
2018£120,667 £1,768 3
2017£142,333 £1,676 3
2016£111,000 £1,500 1
2015£129,983 £1,903 3
2014£256,250 £1,879 2
2013£219,250 £1,402 2
2012£152,750 £1,447 4
2010£156,100 £1,401 5
2009£168,861 £1,737 9
2008£150,100 £1,681 10
2007£168,500 £1,743 6
2006£140,375 £1,559 8
2005£120,082 £1,482 8
2004£136,667 £1,284 6
2003£83,786 £1,106 18
2002£107,077 £1,048 26
2001£76,467 £771 17
2000£58,600 £796 11
1999£95,286 £697 7
1998£47,480 £741 10
1997£59,000 £438 4
1996£53,742 £519 6
1995£54,000 £482 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,1673
2023£438,846 £26,471 13
2022£349,764 £1,810 20
2021£323,300 £8,929 20
2020£825,068 £3,202 17
2019£330,656 £4,231 22
2018£573,602 £2,784 36
2017£640,028 £1,098 26
2016£852,34315
2015£1,211,3005
2014£2,282,0836
2013£145,0001
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 1LZ area

The most common house types in the LA1 1LZ 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 1LZ 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