Housing Market Analysis for NORFOLK STREET, LA1 2BW

Are you looking to understand LA1 2BW 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 2BW area, explore the LA1 2BW Area information page.
For comprehensive crime statistics in the LA1 2BW area, explore the LA1 2BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA1 2BW postcode area, The average prices are as follows,

Terraced
- The average price is around £72,072 median price is £83,000 Standard Deviation is £29,130 with Total Sold: 76
- The Last 5 Year average price is £101,200 with Total Sold: 12
- The most recent sale happened at this postcode is 2 NORFOLK STREET: £110,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is 50 NORFOLK STREET: £32,000 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £64,333 median price is £60,000 Standard Deviation is £21,045 with Total Sold: 3
- The most recent sale happened at this postcode is 6 NORFOLK STREET: £92,000 (Sold on 12 Oct 2006)
- The first recorded sale happened at this postcode is 6 NORFOLK STREET: £41,000 (Sold on 28 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 2BW 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,000		1
2023	£110,500	£1,375	3
2022	£95,667	£1,255	3
2021	£110,000	£1,358	1
2020	£93,750	£1,064	2
2019	£94,200	£1,357	2
2018	£80,800	£1,232	5
2017	£61,250	£1,010	2
2016	£100,000	£1,266	2
2015	£92,433	£1,033	3
2014	£90,050	£1,117	4
2013	£79,584	£1,153	1
2012	£89,500	£1,326	2
2010	£63,000	£1,017	1
2009	£80,000	£1,159	1
2008	£59,500	£362	2
2007	£91,688	£1,398	4
2006	£85,128	£1,180	9
2005	£88,488	£1,057	4
2004	£71,317	£1,006	3
2003	£52,475	£663	4
2002	£33,207	£485	7
2001	£24,100	£318	5
2000	£30,000		1
1998	£13,000		1
1997	£25,000	£266	1
1995	£23,425	£387	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£92,000	£958	1
2003	£60,000	£742	1
2002	£41,000	£427	1

All the Sales in the NORFOLK STREET, LA1 2BW

See the table below for more details on the sold house prices in the LA1 2BW, Lancaster postcode.

Address	Sold Date	Price	% Change
2 NORFOLK STREETTerraced, Freehold	23 Feb 2024	£110,000	0.0
	31 Jan 2014	£110,000	323.08%
	02 Nov 2001	£26,000	First Sale
46 NORFOLK STREETTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	22 Nov 2023	£105,000	31.94%
	03 Oct 2013	£79,584	-11.57%
	01 Dec 2006	£90,000	28.66%
	13 Aug 2004	£69,950	179.80%
	13 Mar 2002	£25,000	First Sale
8 NORFOLK STREETTerraced, FreeholdArea: 86 Sq.mtrAge: before 1900	10 Aug 2023	£110,000	27.91%
	09 Jan 2015	£86,000	First Sale
10 NORFOLK STREETTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	28 Jul 2023	£116,500	5.91%
	28 Feb 2018	£110,000	26.00%
	27 Nov 2015	£87,300	First Sale
70 NORFOLK STREETTerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	07 Oct 2022	£90,000	-2.96%
	20 Jun 2007	£92,750	11.75%
	20 Feb 2006	£83,000	232.00%
	07 Dec 2001	£25,000	First Sale
6 NORFOLK STREETTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	16 Mar 2022	£91,000	-9.00%
	11 Aug 2016	£100,000	8.70%
	12 Oct 2006	£92,000	124.39%
	28 Mar 2002	£41,000	First Sale
58 NORFOLK STREETTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	10 Jan 2022	£106,000	11.58%
	19 Jul 2019	£95,000	53.23%
	23 Nov 2018	£62,000	-13.89%
	30 Nov 2005	£72,000	First Sale
30 NORFOLK STREETTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	06 Aug 2021	£110,000	41.94%
	03 Mar 2020	£77,500	-7.74%
	18 Aug 2006	£84,000	First Sale
24 NORFOLK STREETTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	25 Aug 2020	£110,000	5.77%
	26 Oct 2015	£104,000	14.29%
	29 Oct 2014	£91,000	-4.21%
	16 Feb 2007	£95,000	58.47%
	18 Jul 2003	£59,950	139.80%
	27 Feb 1997	£25,000	First Sale
22 NORFOLK STREETTerraced, FreeholdArea: 67.9 Sq.mtrAge: before 1900	24 May 2019	£93,400	9.88%
	18 Apr 2012	£85,000	1.19%
	27 Apr 2006	£84,000	35.48%
	26 Sep 2003	£62,000	210.00%
	22 Jun 2001	£20,000	First Sale
48 NORFOLK STREETTerraced, FreeholdArea: 46.5 Sq.mtrAge: 1900-1929	03 Aug 2018	£74,000	First Sale
68 NORFOLK STREETTerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	12 Jun 2018	£72,000	-19.96%
	08 May 2006	£89,950	136.71%
	05 Sep 2003	£38,000	First Sale
56 NORFOLK STREETTerraced, FreeholdArea: 61.92 Sq.mtrAge: before 1900	20 Apr 2018	£86,000	36.51%
	07 Apr 2010	£63,000	First Sale
60 NORFOLK STREETTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	30 May 2017	£60,000	First Sale
74 NORFOLK STREETTerraced, FreeholdArea: 57 Sq.mtrAge: before 1900	12 Jan 2017	£62,500	First Sale
76 NORFOLK STREETTerraced, FreeholdArea: 67.1 Sq.mtrAge: 1900-1929	29 Apr 2016	£100,000	6.38%
	01 Jun 2012	£94,000	40.30%
	05 Apr 2004	£67,000	First Sale
16 NORFOLK STREETTerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	28 Aug 2014	£85,000	-5.50%
	30 Jun 2005	£89,950	First Sale
72 NORFOLK STREETTerraced, FreeholdArea: 49 Sq.mtrAge: 1900-1929	26 Feb 2014	£74,200	-22.71%
	24 Jul 2007	£96,000	546.46%
	10 Aug 1995	£14,850	First Sale
62 NORFOLK STREETTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	15 Apr 2009	£80,000	220.00%
	24 Oct 2008	£25,000	First Sale
54 NORFOLK STREETTerraced, Freehold	30 May 2008	£94,000	168.96%
54 NORFOLK STREETTerraced, Freehold	06 Dec 2002	£34,950	First Sale
64 NORFOLK STREETTerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	27 Jul 2007	£83,000	First Sale
40 NORFOLK STREETTerraced, Freehold	20 Dec 2006	£93,750	First Sale
66 NORFOLK STREETTerraced, Freehold	27 Oct 2006	£92,950	41.91%
	10 Jan 2006	£65,500	142.59%
	29 Nov 2002	£27,000	First Sale
50 NORFOLK STREETTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	23 Jun 2006	£83,000	66.17%
	26 Sep 2003	£49,950	56.09%
	17 Feb 1995	£32,000	First Sale
14 NORFOLK STREETTerraced, FreeholdArea: 75.66 Sq.mtrAge: 1900-1929	12 Oct 2005	£92,000	75.24%
	12 Sep 2002	£52,500	First Sale
26 NORFOLK STREETTerraced, FreeholdArea: 92.74 Sq.mtrAge: 1900-1929	08 Aug 2005	£100,000	170.27%
	10 May 2002	£37,000	First Sale
28 NORFOLK STREETTerraced, Freehold	06 Feb 2004	£77,000	285.00%
28 NORFOLK STREETTerraced, Freehold	22 Feb 2002	£20,000	First Sale
34 NORFOLK STREETSemi-Detached, FreeholdArea: 80.839 Sq.mtrAge: 1900-1929	03 Jul 2003	£60,000	First Sale
42 NORFOLK STREETTerraced, Freehold	24 May 2002	£36,000	20.00%
	21 Jul 2000	£30,000	130.77%
	17 Sep 1998	£13,000	First Sale
78 NORFOLK STREETTerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	03 Dec 2001	£25,000	First Sale
36 NORFOLK STREETTerraced, FreeholdArea: 67.82 Sq.mtrAge: 1900-1929	27 Apr 2001	£24,500	First Sale

Check out the sold house prices near the LA1 2BW postcode. Properties currently for saleProperties currently for rent

NORFOLK STREET, LA1 2BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 2BW 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 2BW postcode.

Terraced
- The average price is around £77,765 median price is £78,998 Standard Deviation is £41,510 with Total Sold: 1,894
- The Last 5 Year average price is £115,234 with Total Sold: 302
- The most recent sale happened at this postcode is , 75 ALEXANDRA ROAD: £97,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 4 CLARENDON ROAD: £30,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £95,550 median price is £100,000 Standard Deviation is £44,163 with Total Sold: 835
- The Last 5 Year average price is £149,905 with Total Sold: 122
- The most recent sale happened at this postcode is , 2 ALDERLEY HEIGHTS: £225,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 27 FAIRHOPE AVENUE: £34,250 (Sold on 27 Jan 1995)
Flat
- The average price is around £78,271 median price is £80,000 Standard Deviation is £31,654 with Total Sold: 129
- The Last 5 Year average price is £78,342 with Total Sold: 19
- The most recent sale happened at this postcode is FLAT 3C, FRANKLAND HOUSE MAINWAY: £70,000 (Sold on 03 Jan 2024)
- The first recorded sale happened at this postcode is , 14 BARLEY COP LANE: £18,000 (Sold on 12 Jan 1996)
Other
- The average price is around £227,006 median price is £170,000 Standard Deviation is £167,021 with Total Sold: 15
- The Last 5 Year average price is £238,307 with Total Sold: 9
- The most recent sale happened at this postcode is , 21 NOEL ROAD: £270,000 (Sold on 31 Jan 2023)
- The first recorded sale happened at this postcode is , 24 OLIVE ROAD: £85,000 (Sold on 22 Apr 2015)
Detached
- The average price is around £120,008 median price is £97,500 Standard Deviation is £66,863 with Total Sold: 66
- The Last 5 Year average price is £200,750 with Total Sold: 4
- The most recent sale happened at this postcode is , 65 LUNE STREET: £123,000 (Sold on 15 Jul 2022)
- The first recorded sale happened at this postcode is , 16 FAIRHOPE AVENUE: £42,500 (Sold on 01 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£128,736	£1,627	21
2023	£123,965	£1,659	52
2022	£127,808	£1,745	65
2021	£115,737	£1,493	54
2020	£100,132	£1,343	53
2019	£101,521	£1,326	57
2018	£100,852	£1,335	55
2017	£100,911	£1,336	71
2016	£100,829	£1,366	51
2015	£96,847	£1,287	44
2014	£90,927	£1,242	52
2013	£90,894	£1,252	54
2012	£97,230	£1,327	41
2011	£91,461	£1,332	35
2010	£100,534	£1,341	41
2009	£87,837	£1,246	36
2008	£102,079	£1,417	42
2007	£102,227	£1,514	95
2006	£93,012	£1,372	100
2005	£89,995	£1,269	86
2004	£80,264	£1,175	107
2003	£57,566	£819	126
2002	£41,251	£604	116
2001	£38,458	£514	123
2000	£31,263	£422	75
1999	£31,122	£414	47
1998	£29,387	£392	46
1997	£33,645	£455	54
1996	£28,550	£416	48
1995	£32,322	£490	47

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,500	£1,662	7
2023	£169,500	£2,185	15
2022	£150,290	£1,991	24
2021	£163,597	£1,953	32
2020	£134,659	£1,654	24
2019	£126,725	£1,623	20
2018	£128,603	£1,605	34
2017	£125,005	£1,634	29
2016	£122,237	£1,513	19
2015	£115,170	£1,504	22
2014	£115,531	£1,534	27
2013	£116,684	£1,434	16
2012	£121,833	£1,538	15
2011	£114,497	£1,462	16
2010	£112,718	£1,456	17
2009	£111,219	£1,362	18
2008	£123,035	£1,521	13
2007	£123,741	£1,429	39
2006	£111,204	£1,367	41
2005	£109,643	£1,283	38
2004	£100,268	£1,266	36
2003	£75,114	£927	66
2002	£52,796	£616	56
2001	£53,604	£667	34
2000	£41,267	£522	36
1999	£45,760	£564	25
1998	£41,844	£558	33
1997	£44,427	£557	32
1996	£40,637	£556	30
1995	£44,264	£490	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£70,000	£1,296	1
2023	£86,000	£1,476	2
2022	£94,083	£1,799	6
2021	£68,500	£1,137	4
2020	£62,500	£1,251	2
2019	£70,750	£1,032	4
2018	£87,750	£1,367	6
2017	£85,500	£1,373	5
2016	£81,857	£1,144	7
2015	£70,000	£1,178	5
2014	£79,421	£1,216	7
2013	£50,400	£717	5
2012	£79,250	£1,382	4
2011	£80,000	£1,030	2
2009	£96,500	£1,034	2
2008	£117,250	£1,818	4
2007	£108,000	£1,766	7
2006	£105,247	£1,788	15
2005	£97,607	£1,519	14
2004	£58,042	£803	9
2003	£56,000	£691	1
2002	£33,786	£489	7
2001	£40,000	£545	2
2000	£35,000	£727	1
1999	£26,500	£424	2
1998	£20,000	£408	1
1997	£34,950	£896	1
1996	£15,150	£278	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£270,000		1
2022	£304,880		2
2021	£221,250	£1,922	2
2020	£351,999		1
2019	£156,833		3
2018	£55,000		1
2017	£280,083		4
2015	£85,000	£1,604	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£123,000	£1,636	1
2021	£285,000	£2,111	1
2019	£197,500	£1,800	2
2017	£179,300	£1,860	5
2016	£165,750	£1,794	4
2015	£165,500	£1,465	2
2014	£232,000	£2,062	1
2012	£206,000	£1,831	1
2011	£176,000	£1,852	2
2009	£164,667	£1,440	3
2008	£133,000	£2,217	1
2006	£189,750	£1,392	4
2004	£136,650	£1,496	3
2003	£146,000	£1,164	4
2002	£78,750	£810	2
2001	£79,417	£943	6
2000	£48,488	£507	4
1999	£38,500	£196	2
1998	£89,000		1
1997	£64,250	£919	6
1996	£58,112	£787	8
1995	£70,900		3

House Type in LA1 2BW area

The most common house types in the LA1 2BW postcode area are Terraced (149), Semi-detached (21), and Flat (6).

Total	184
Terraced	149
Semi-detached	21
Flat	6
Detached	4
Shared house	3
commercial building	1
converted 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 (60), and Owned: Owns with a mortgage or loan (56).

Private rented: Private landlord or letting agency	60
Owned: Owns with a mortgage or loan	56
Owned: Owns outright	35
Social rented: Other social rented	15
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 2BW have 2 people in household (59), and 1 person in household (54).

2 people in household	59
1 person in household	54
3 people in household	41
4 people in household	16
5 people in household	9
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0