Housing Market Analysis for OLIVE ROAD, LA1 2BZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £61,211 median price is £68,500 Standard Deviation is £25,184 with Total Sold: 45
- The Last 5 Year average price is £81,775 with Total Sold: 8
- The most recent sale happened at this postcode is 20 OLIVE ROAD: £115,000 (Sold on 25 Jan 2023)
- The first recorded sale happened at this postcode is 3 OLIVE ROAD: £35,000 (Sold on 13 Apr 1995)
Other
- The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 24 OLIVE ROAD: £85,000 (Sold on 22 Apr 2015)
- 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 £58,000 median price is £58,000 Standard Deviation is £31,000 with Total Sold: 2
- The most recent sale happened at this postcode is 24 OLIVE ROAD: £89,000 (Sold on 19 Oct 2006)
- The first recorded sale happened at this postcode is 24 OLIVE ROAD: £27,000 (Sold on 26 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 2BZ 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
2023	£115,000	£2,130	1
2022	£80,100	£1,570	2
2021	£83,000	£1,574	2
2020	£69,500	£1,212	1
2019	£71,750	£1,341	2
2018	£61,000	£1,130	1
2017	£88,000	£1,913	1
2016	£78,000	£1,610	2
2015	£80,000	£1,667	1
2014	£75,500	£1,425	2
2013	£63,000	£1,312	1
2012	£79,500	£1,472	1
2011	£78,500	£1,459	1
2009	£90,000	£1,286	1
2008	£89,500		1
2007	£85,000	£1,848	1
2006	£81,167	£1,621	3
2004	£74,983	£1,455	3
2003	£56,650	£1,081	3
2002	£35,475	£642	4
2001	£25,250	£507	2
2000	£15,000		1
1999	£22,000		1
1998	£22,250	£315	2
1997	£33,500	£479	1
1995	£33,250	£703	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£85,000	£1,604	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£89,000	£1,679	1
2000	£27,000	£509	1

All the Sales in the OLIVE ROAD, LA1 2BZ

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

Address	Sold Date	Price	% Change
20 OLIVE ROADTerraced, FreeholdArea: 54 Sq.mtrAge: 1900-1929	25 Jan 2023	£115,000	88.52%
	13 Mar 2018	£61,000	First Sale
1 OLIVE ROADTerraced, FreeholdArea: 47 Sq.mtrAge: before 1900	09 Jun 2022	£63,000	12.50%
	31 Oct 2003	£56,000	First Sale
19 OLIVE ROADTerraced, FreeholdArea: 54 Sq.mtrAge: before 1900	01 Jun 2022	£97,200	22.26%
	24 Jan 2012	£79,500	6.07%
	26 Mar 2004	£74,950	First Sale
5 OLIVE ROADTerraced, FreeholdArea: 53 Sq.mtrAge: before 1900	15 Dec 2021	£83,500	22.79%
	31 Jan 2014	£68,000	First Sale
21 OLIVE ROADTerraced, FreeholdArea: 52.48 Sq.mtrAge: 1900-1929	16 Apr 2021	£82,500	123.27%
	27 May 2002	£36,950	First Sale
11 OLIVE ROADTerraced, FreeholdArea: 57.34 Sq.mtrAge: before 1900	17 Mar 2020	£69,500	First Sale
17 OLIVE ROADTerraced, FreeholdArea: 51 Sq.mtrAge: 1900-1929	21 Jun 2019	£68,500	-6.16%
	24 May 2004	£73,000	First Sale
2 OLIVE ROADTerraced, FreeholdArea: 56 Sq.mtrAge: 1900-1929	29 Mar 2019	£75,000	First Sale
25 OLIVE ROADTerraced, FreeholdArea: 46 Sq.mtrAge: 1900-1929	15 Sep 2017	£88,000	3.53%
	03 Oct 2007	£85,000	183.33%
	12 Nov 2002	£30,000	First Sale
14 OLIVE ROADTerraced, FreeholdArea: 47.216 Sq.mtrAge: 1900-1929	24 May 2016	£78,500	-8.19%
	06 Oct 2006	£85,500	167.19%
	12 Jun 1995	£32,000	First Sale
23 OLIVE ROADTerraced, FreeholdArea: 49.79 Sq.mtrAge: 1900-1929	03 Mar 2016	£77,500	0.65%
	16 Apr 2004	£77,000	57.30%
	07 Mar 2003	£48,950	First Sale
24 OLIVE ROADOther, FreeholdArea: 53 Sq.mtrAge: 1900-1929	22 Apr 2015	£85,000	-4.49%
	19 Oct 2006	£89,000	229.63%
	26 May 2000	£27,000	First Sale
3 OLIVE ROADTerraced, FreeholdArea: 48 Sq.mtrAge: 1900-1929	10 Feb 2015	£80,000	26.98%
	16 Aug 2013	£63,000	85.29%
	05 Oct 2001	£34,000	-2.86%
	13 Apr 1995	£35,000	First Sale
22 OLIVE ROADTerraced, FreeholdArea: 53 Sq.mtrAge: 1900-1929	13 Mar 2014	£83,000	First Sale
10 OLIVE ROADTerraced, FreeholdArea: 53.82 Sq.mtrAge: before 1900	30 Sep 2011	£78,500	20.77%
	22 Dec 2003	£65,000	85.71%
	22 Feb 2002	£35,000	112.12%
	31 Jan 2001	£16,500	First Sale
15 OLIVE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	27 Apr 2009	£90,000	125.28%
	23 Aug 2002	£39,950	19.25%
	21 Feb 1997	£33,500	First Sale
4 OLIVE ROADTerraced, Freehold	28 Nov 2008	£89,500	306.82%
4 OLIVE ROADTerraced, Freehold	14 May 1999	£22,000	First Sale
6 OLIVE ROADTerraced, FreeholdArea: 49 Sq.mtrAge: 1900-1929	02 Aug 2006	£80,000	First Sale
9 OLIVE ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 1900-1929	24 Apr 2006	£78,000	First Sale
28 OLIVE ROADTerraced, Freehold	30 Nov 2000	£15,000	First Sale
7 OLIVE ROADTerraced, FreeholdArea: 54 Sq.mtrAge: 1900-1929	28 Aug 1998	£17,000	First Sale
26 OLIVE ROADTerraced, Freehold	29 Jul 1998	£27,500	-17.91%
	01 Dec 1995	£33,500	3.08%
	08 Sep 1995	£32,500	First Sale

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

OLIVE ROAD, LA1 2BZ Near By properties

Interactive Map

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

Terraced
- The average price is around £78,395 median price is £79,000 Standard Deviation is £42,186 with Total Sold: 1,769
- The Last 5 Year average price is £115,923 with Total Sold: 299
- 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 £96,498 median price is £100,000 Standard Deviation is £43,939 with Total Sold: 906
- The Last 5 Year average price is £149,431 with Total Sold: 140
- 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 £78,635 median price is £81,000 Standard Deviation is £31,687 with Total Sold: 126
- The Last 5 Year average price is £78,528 with Total Sold: 18
- 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 £176,951 median price is £105,000 Standard Deviation is £135,090 with Total Sold: 13
- The Last 5 Year average price is £234,345 with Total Sold: 8
- The most recent sale happened at this postcode is , ROYAL OAK HOTEL, 152 - 154 MAIN STREET: £140,000 (Sold on 02 Dec 2022)
- 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 £121,683 median price is £100,000 Standard Deviation is £67,541 with Total Sold: 63
- The Last 5 Year average price is £226,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 7 BARLEY COP LANE: £285,000 (Sold on 06 Aug 2021)
- 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	£129,081	£1,616	18
2023	£129,106	£1,721	48
2022	£127,569	£1,750	66
2021	£117,751	£1,517	59
2020	£97,376	£1,284	53
2019	£102,049	£1,309	55
2018	£100,770	£1,333	50
2017	£101,721	£1,347	62
2016	£102,068	£1,375	41
2015	£96,634	£1,255	43
2014	£89,178	£1,235	49
2013	£90,890	£1,252	52
2012	£98,159	£1,325	39
2011	£92,220	£1,325	37
2010	£97,094	£1,286	31
2009	£91,439	£1,273	31
2008	£102,774	£1,384	43
2007	£102,891	£1,516	91
2006	£94,116	£1,390	87
2005	£91,361	£1,304	75
2004	£79,767	£1,179	103
2003	£57,749	£814	128
2002	£41,226	£605	106
2001	£38,147	£503	117
2000	£30,660	£424	63
1999	£31,695	£425	41
1998	£29,802	£399	43
1997	£33,743	£457	51
1996	£28,580	£416	43
1995	£32,438	£500	44

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,389	£1,662	9
2023	£169,353	£2,096	17
2022	£156,034	£2,055	28
2021	£160,031	£1,937	35
2020	£133,359	£1,637	26
2019	£126,778	£1,614	25
2018	£130,250	£1,611	36
2017	£121,762	£1,600	33
2016	£118,636	£1,447	22
2015	£114,880	£1,471	27
2014	£114,948	£1,521	33
2013	£115,526	£1,421	17
2012	£118,472	£1,502	18
2011	£113,888	£1,412	21
2010	£111,733	£1,436	18
2009	£114,418	£1,392	19
2008	£118,100	£1,437	14
2007	£123,413	£1,439	42
2006	£114,483	£1,394	38
2005	£106,778	£1,249	41
2004	£100,991	£1,260	38
2003	£75,328	£938	70
2002	£53,198	£643	60
2001	£51,639	£638	36
2000	£41,270	£530	40
1999	£46,980	£585	23
1998	£41,886	£572	37
1997	£44,294	£545	33
1996	£42,159	£583	29
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	£66,333	£1,113	3
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	£111,500	£1,887	6
2006	£105,247	£1,788	15
2005	£97,607	£1,519	14
2004	£61,938	£865	8
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
2022	£304,880		2
2021	£221,250	£1,922	2
2020	£351,999		1
2019	£156,833		3
2018	£55,000		1
2017	£95,200		3
2015	£85,000	£1,604	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£200,000	£1,630	2
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	£61,057	£787	7
1995	£70,900		3

House Type in LA1 2BZ area

The most common house types in the LA1 2BZ postcode area are Terraced (120), Flat (21), and Semi-detached (7).

Total	160
Terraced	120
Flat	21
Semi-detached	7
Detached	6
Shared house	3
temporary structure	3
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Owned: Owns outright (47).

Private rented: Private landlord or letting agency	49
Owned: Owns outright	47
Owned: Owns with a mortgage or loan	37
Social rented: Other social rented	16
Private rented: Other private rented	7
Social rented: Rents from council or Local Authority	2
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 2BZ have 1 person in household (68), and 2 people in household (49).

1 person in household	68
2 people in household	49
3 people in household	17
4 people in household	15
6 people in household	5
5 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0