Housing Market Analysis for FAIRHOPE AVENUE, LA1 2LY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £95,071 median price is £120,000 Standard Deviation is £47,364 with Total Sold: 24
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 FAIRHOPE AVENUE: £150,000 (Sold on 26 Nov 2020)
- The first recorded sale happened at this postcode is 27 FAIRHOPE AVENUE: £34,250 (Sold on 27 Jan 1995)
Terraced
- The average price is around £90,225 median price is £83,975 Standard Deviation is £41,584 with Total Sold: 4
- The most recent sale happened at this postcode is 11 FAIRHOPE AVENUE: £145,000 (Sold on 06 Aug 2018)
- The first recorded sale happened at this postcode is 11 FAIRHOPE AVENUE: £47,950 (Sold on 19 Sep 1997)
Detached
- The average price is around £59,000 median price is £59,000 Standard Deviation is £16,500 with Total Sold: 2
- The most recent sale happened at this postcode is 2 FAIRHOPE AVENUE: £75,500 (Sold on 02 Nov 2001)
- 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:

Below table and chart gives the average LA1 2LY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£150,000	£2,027	1
2018	£133,000	£1,494	1
2016	£148,750	£1,559	2
2015	£150,000	£1,553	2
2014	£122,000	£1,570	2
2010	£120,000	£1,767	1
2009	£126,500	£1,569	1
2008	£105,000	£1,419	1
2007	£137,000		1
2005	£120,000	£1,319	1
2004	£138,500	£1,718	1
2002	£43,750	£591	2
2001	£59,000		1
2000	£41,950		1
1999	£41,500		1
1998	£40,000	£440	1
1997	£41,000		2
1996	£24,000	£353	1
1995	£34,250	£423	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£145,000	£1,611	1
2006	£116,000	£1,289	1
2001	£51,950	£577	1
1997	£47,950	£533	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£75,500		1
1995	£42,500		1

All the Sales in the FAIRHOPE AVENUE, LA1 2LY

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

Address	Sold Date	Price	% Change
9 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	26 Nov 2020	£150,000	20.97%
	01 Sep 2014	£124,000	18.10%
	25 Jul 2008	£105,000	First Sale
22 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	12 Oct 2018	£133,000	First Sale
11 FAIRHOPE AVENUETerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	06 Aug 2018	£145,000	25.00%
	31 Mar 2006	£116,000	123.29%
	18 Apr 2001	£51,950	8.34%
	19 Sep 1997	£47,950	First Sale
8 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	25 Jul 2016	£150,000	First Sale
33 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1930-1949	24 Mar 2016	£147,500	First Sale
28 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	16 Sep 2015	£145,000	First Sale
14 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-1949	09 Jan 2015	£155,000	First Sale
7 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	23 May 2014	£120,000	First Sale
12 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 67.92 Sq.mtrAge: 1950-1966	07 Jul 2010	£120,000	400.00%
	20 Dec 1996	£24,000	First Sale
23 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 80.63 Sq.mtrAge: 1930-1949	18 Dec 2009	£126,500	-8.66%
	06 Aug 2004	£138,500	First Sale
24 FAIRHOPE AVENUESemi-Detached, Freehold	06 Jun 2007	£137,000	132.20%
24 FAIRHOPE AVENUESemi-Detached, Freehold	28 Sep 2001	£59,000	First Sale
29 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	25 Nov 2005	£120,000	200.00%
	23 Oct 1998	£40,000	First Sale
20 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	31 May 2002	£54,000	61.19%
	15 Mar 2002	£33,500	First Sale
2 FAIRHOPE AVENUEDetached, Freehold	02 Nov 2001	£75,500	First Sale
26 FAIRHOPE AVENUESemi-Detached, Freehold	25 Feb 2000	£41,950	First Sale
30 FAIRHOPE AVENUESemi-Detached, Freehold	10 Aug 1999	£41,500	First Sale
3 FAIRHOPE AVENUESemi-Detached, Freehold	14 Oct 1997	£40,000	First Sale
37 FAIRHOPE AVENUESemi-Detached, Freehold	28 Jul 1997	£42,000	First Sale
16 FAIRHOPE AVENUEDetached, Freehold	01 Jun 1995	£42,500	First Sale
27 FAIRHOPE AVENUESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	27 Jan 1995	£34,250	First Sale

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

FAIRHOPE AVENUE, LA1 2LY Near By properties

Interactive Map

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

Terraced
- The average price is around £79,163 median price is £78,998 Standard Deviation is £42,560 with Total Sold: 2,052
- The Last 5 Year average price is £117,977 with Total Sold: 336
- 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 , 6 ESKRIGGE COURT: £45,950 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £91,231 median price is £90,000 Standard Deviation is £44,404 with Total Sold: 1,316
- The Last 5 Year average price is £143,022 with Total Sold: 198
- 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 , 12 EDENVALE ROAD: £48,200 (Sold on 26 Jan 1995)
Detached
- The average price is around £121,918 median price is £116,500 Standard Deviation is £67,037 with Total Sold: 96
- The Last 5 Year average price is £204,321 with Total Sold: 7
- The most recent sale happened at this postcode is , 22 EDENVALE CRESCENT: £256,250 (Sold on 23 Apr 2024)
- The first recorded sale happened at this postcode is , 7 LOCKA LANE: £59,000 (Sold on 09 Jan 1995)
Flat
- The average price is around £69,926 median price is £67,956 Standard Deviation is £30,827 with Total Sold: 96
- The Last 5 Year average price is £98,092 with Total Sold: 12
- The most recent sale happened at this postcode is , 7 HORNBY COURT: £133,100 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 7 HORNBY COURT: £39,950 (Sold on 17 Feb 1995)
Other
- The average price is around £292,847 median price is £260,500 Standard Deviation is £181,155 with Total Sold: 15
- The Last 5 Year average price is £251,640 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,142	£1,513	24
2023	£131,732	£1,746	52
2022	£130,327	£1,754	73
2021	£120,212	£1,533	70
2020	£96,593	£1,281	53
2019	£102,667	£1,332	64
2018	£102,905	£1,379	57
2017	£101,307	£1,353	72
2016	£102,664	£1,420	46
2015	£100,189	£1,301	54
2014	£93,783	£1,319	57
2013	£91,850	£1,297	58
2012	£99,547	£1,375	46
2011	£94,534	£1,346	43
2010	£102,020	£1,359	42
2009	£94,617	£1,329	39
2008	£102,113	£1,471	47
2007	£102,712	£1,539	97
2006	£96,588	£1,411	108
2005	£88,454	£1,287	83
2004	£80,790	£1,182	117
2003	£58,289	£824	144
2002	£41,950	£614	123
2001	£35,213	£481	116
2000	£32,583	£467	79
1999	£35,671	£486	51
1998	£32,755	£449	55
1997	£35,085	£468	60
1996	£32,688	£486	60
1995	£37,597	£566	62

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,458	£1,662	12
2023	£154,537	£2,019	26
2022	£150,877	£1,959	43
2021	£143,932	£1,793	50
2020	£131,905	£1,561	34
2019	£127,447	£1,530	33
2018	£119,306	£1,548	54
2017	£124,374	£1,646	40
2016	£115,438	£1,415	33
2015	£108,020	£1,423	37
2014	£108,734	£1,448	40
2013	£105,452	£1,362	33
2012	£115,060	£1,458	25
2011	£103,441	£1,343	27
2010	£104,869	£1,384	26
2009	£113,976	£1,422	25
2008	£115,115	£1,415	25
2007	£115,616	£1,426	63
2006	£109,884	£1,402	62
2005	£104,674	£1,265	51
2004	£92,855	£1,209	53
2003	£70,683	£919	100
2002	£53,740	£659	87
2001	£44,508	£554	57
2000	£42,006	£531	53
1999	£42,886	£542	38
1998	£42,403	£528	44
1997	£40,441	£506	41
1996	£43,582	£593	62
1995	£43,961	£591	42

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,250		1
2021	£232,500	£2,399	2
2020	£147,000	£1,815	1
2019	£187,333	£2,011	3
2017	£195,250	£1,930	6
2016	£165,750	£1,794	4
2015	£165,500	£1,465	2
2014	£232,000	£2,062	1
2013	£146,000	£1,570	1
2012	£206,000	£1,831	1
2011	£167,500	£1,898	4
2010	£250,000	£2,073	1
2009	£183,333	£1,630	3
2008	£137,875	£1,990	2
2007	£104,000	£1,436	3
2006	£187,000	£1,611	6
2005	£85,000	£978	1
2004	£136,650	£1,496	3
2003	£138,857	£1,164	7
2002	£80,333	£790	6
2001	£79,417	£943	6
2000	£62,408	£726	6
1999	£39,750	£284	4
1998	£56,000	£343	2
1997	£64,250	£919	6
1996	£65,489	£782	9
1995	£59,770	£399	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£133,100	£2,958	1
2023	£80,000	£1,600	1
2022	£96,100	£1,887	5
2021	£98,000	£1,485	1
2020	£103,750	£1,559	2
2019	£89,000	£1,556	2
2018	£69,667	£1,270	3
2017	£87,167	£1,398	3
2016	£87,167	£1,242	3
2015	£54,500	£972	2
2014	£67,000	£984	3
2013	£50,667	£762	3
2012	£66,500	£1,331	2
2011	£65,000	£1,348	2
2009	£121,000	£960	1
2008	£128,500	£1,818	2
2007	£93,152	£1,430	6
2006	£107,433	£1,976	9
2005	£77,250	£1,408	2
2004	£77,222	£1,492	9
2003	£62,000	£910	3
2002	£38,450	£462	7
2001	£45,250	£545	4
2000	£38,667	£836	3
1999	£26,500	£424	2
1998	£20,000	£408	1
1997	£37,850	£915	3
1996	£26,725	£487	4
1995	£39,986	£821	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£270,000		1
2022	£278,253	£2,922	3
2021	£221,250	£1,922	2
2020	£351,999		1
2019	£182,750		2
2018	£535,000		1
2017	£376,986		4
2015	£85,000	£1,604	1

House Type in LA1 2LY area

The most common house types in the LA1 2LY postcode area are Semi-detached (117), Shared house (2), and Detached (1).

Total	120
Semi-detached	117
Shared house	2
Detached	1
Terraced	0
Flat	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 Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	58
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 2LY have 2 people in household (46), and 1 person in household (33).

2 people in household	46
1 person in household	33
3 people in household	23
4 people in household	10
5 people in household	4
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0