Housing Market Analysis for PROSPECT STREET, LA1 3BJ

Are you looking to understand LA1 3BJ 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 3BJ area, explore the LA1 3BJ Area information page.
For comprehensive crime statistics in the LA1 3BJ area, explore the LA1 3BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA1 3BJ postcode area, The average prices are as follows,

Terraced
- The average price is around £91,627 median price is £97,750 Standard Deviation is £35,557 with Total Sold: 72
- The Last 5 Year average price is £125,275 with Total Sold: 8
- The most recent sale happened at this postcode is 42 PROSPECT STREET: £100,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 34 PROSPECT STREET: £147,500 (Sold on 07 Aug 2024)
Other
- The average price is around £280,000 median price is £280,000 Standard Deviation is £0 with Total Sold: 2
- The most recent sale happened at this postcode is 22 PROSPECT STREET: £280,000 (Sold on 27 Jan 2017)
- The first recorded sale happened at this postcode is 20 PROSPECT STREET: £280,000 (Sold on 27 Jan 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 3BJ 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	£127,333	£2,368	3
2022	£114,700	£1,471	1
2021	£110,000	£1,712	2
2020	£138,000	£1,747	1
2018	£114,000	£1,930	3
2017	£117,875	£1,603	4
2016	£125,000	£1,598	2
2015	£103,000	£1,527	3
2014	£110,500	£1,541	3
2013	£119,500	£1,721	2
2012	£106,000	£1,359	1
2011	£102,250	£1,922	2
2010	£98,250	£1,965	1
2009	£102,500	£1,552	2
2007	£124,431	£1,927	8
2006	£87,000	£1,554	1
2005	£96,000	£1,659	2
2004	£94,908	£1,549	6
2003	£75,100	£1,342	5
2002	£66,817	£1,025	3
2001	£49,000	£681	1
2000	£37,250	£611	2
1999	£46,725	£561	2
1998	£31,438	£381	4
1997	£39,940	£555	5
1996	£38,950	£866	1
1995	£37,000	£597	1
2024	£147,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£280,000	£2,173	2

All the Sales in the PROSPECT STREET, LA1 3BJ

See the table below for more details on the sold house prices in the LA1 3BJ, Lancaster postcode.

Address	Sold Date	Price	% Change
42 PROSPECT STREETTerraced, FreeholdArea: 46 Sq.mtrAge: 1900-1929	06 Oct 2023	£100,000	0.0
	06 Oct 2023	£100,000	First Sale
76 PROSPECT STREETTerraced, FreeholdArea: 66 Sq.mtrAge: before 1900	25 Aug 2023	£182,000	49.18%
	21 Dec 2017	£122,000	45.24%
	06 Feb 2015	£84,000	First Sale
28 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	15 Mar 2022	£114,700	186.75%
	10 Oct 1997	£40,000	5.26%
	10 Oct 1997	£38,000	First Sale
62 PROSPECT STREETTerraced, FreeholdArea: 81.9 Sq.mtrAge: before 1900	21 Dec 2021	£130,000	400.00%
	09 Apr 1998	£26,000	First Sale
58 PROSPECT STREETTerraced, FreeholdArea: 49 Sq.mtrAge: before 1900	09 Nov 2021	£90,000	First Sale
84 PROSPECT STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	01 Dec 2020	£138,000	15.97%
	02 Jan 2013	£119,000	140.40%
	25 Sep 2000	£49,500	First Sale
66 PROSPECT STREETTerraced, FreeholdArea: 71.31 Sq.mtrAge: before 1900	19 Oct 2018	£134,000	First Sale
34 PROSPECT STREETTerraced, FreeholdArea: 55.96 Sq.mtrAge: before 1900	29 Jun 2018	£116,000	1.31%
	21 Dec 2011	£114,500	-7.66%
	30 Mar 2007	£124,000	42.53%
	27 Sep 2006	£87,000	-41.02%
	07 Aug 2024	£147,500	First Sale
54 PROSPECT STREETTerraced, FreeholdArea: 50.04 Sq.mtrAge: before 1900	12 Jan 2018	£92,000	2.22%
	26 Jul 2011	£90,000	First Sale
72 PROSPECT STREETTerraced, FreeholdArea: 72.82 Sq.mtrAge: 1900-1929	08 Dec 2017	£126,000	11.50%
	17 Apr 2009	£113,000	5.61%
	14 Dec 2005	£107,000	47.59%
	31 Jul 2002	£72,500	First Sale
68 PROSPECT STREETTerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	29 Sep 2017	£97,500	First Sale
36 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	28 Apr 2017	£126,000	18.87%
	19 Oct 2012	£106,000	-17.51%
	28 Nov 2007	£128,500	328.33%
	07 Sep 1998	£30,000	First Sale
22 PROSPECT STREETOther, FreeholdArea: 133 Sq.mtrAge: before 1900	27 Jan 2017	£280,000	159.26%
	30 Jan 2004	£108,000	First Sale
20 PROSPECT STREETOther, FreeholdArea: 125 Sq.mtrAge: before 1900	27 Jan 2017	£280,000	First Sale
90 PROSPECT STREETTerraced, FreeholdArea: 46 Sq.mtrAge: 1900-1929	16 Sep 2016	£90,000	-21.74%
	30 Nov 2007	£115,000	35.29%
	02 Sep 2005	£85,000	19.80%
	19 Mar 2004	£70,950	First Sale
10 PROSPECT STREETTerraced, FreeholdArea: 129 Sq.mtrAge: before 1900	09 Aug 2016	£160,000	251.65%
	30 Jan 1997	£45,500	First Sale
88 PROSPECT STREETTerraced, FreeholdArea: 47.12 Sq.mtrAge: before 1900	10 Nov 2015	£105,000	56.72%
	24 Jul 2003	£67,000	72.02%
	16 Dec 1996	£38,950	First Sale
18 PROSPECT STREETTerraced, FreeholdArea: 111 Sq.mtrAge: 1900-1929	11 Sep 2015	£120,000	First Sale
92 PROSPECT STREETTerraced, FreeholdArea: 43 Sq.mtrAge: 1900-1929	25 Apr 2014	£107,500	First Sale
12 PROSPECT STREETTerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	11 Apr 2014	£112,000	-21.13%
	09 Mar 2007	£142,000	153.80%
	26 Nov 1999	£55,950	First Sale
16 PROSPECT STREETTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	11 Apr 2014	£112,000	-10.40%
	21 Dec 2007	£125,000	First Sale
32 PROSPECT STREETTerraced, FreeholdArea: 62 Sq.mtrAge: 1900-1929	18 Oct 2013	£120,000	34.83%
	16 Apr 2004	£89,000	137.33%
	03 Sep 1999	£37,500	1.35%
	28 Jul 1995	£37,000	First Sale
44 PROSPECT STREETTerraced, FreeholdArea: 50 Sq.mtrAge: before 1900	03 Nov 2010	£98,250	51.15%
	15 Jan 2003	£65,000	First Sale
78 PROSPECT STREETTerraced, Freehold	13 May 2009	£92,000	First Sale
50 PROSPECT STREETTerraced, FreeholdArea: 54 Sq.mtrAge: 1900-1929	03 Dec 2007	£116,000	20.21%
	03 Dec 2004	£96,500	28.67%
	30 May 2003	£75,000	First Sale
60 PROSPECT STREETTerraced, Freehold	21 Sep 2007	£124,950	35.82%
60 PROSPECT STREETTerraced, Freehold	12 Dec 2003	£92,000	First Sale
40 PROSPECT STREETTerraced, FreeholdArea: 49 Sq.mtrAge: before 1900	01 Feb 2007	£120,000	12.15%
	12 Nov 2004	£107,000	84.48%
	22 Aug 2002	£58,000	54.67%
	09 May 1997	£37,500	First Sale
30 PROSPECT STREETTerraced, FreeholdArea: 64 Sq.mtrAge: before 1900	14 Apr 2004	£98,000	28.10%
	18 Jul 2003	£76,500	First Sale
26 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	05 Dec 2002	£69,950	First Sale
46 PROSPECT STREETTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	05 Dec 2001	£49,000	First Sale
94 PROSPECT STREETTerraced, FreeholdArea: 42 Sq.mtrAge: before 1900	29 Sep 2000	£25,000	First Sale
56 PROSPECT STREETTerraced, Freehold	30 Oct 1998	£34,750	First Sale
70 PROSPECT STREETTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	22 Jul 1998	£35,000	First Sale
52 PROSPECT STREETTerraced, FreeholdArea: 55.96 Sq.mtrAge: 1900-1929	26 Sep 1997	£38,700	First Sale

Check out the sold house prices near the LA1 3BJ postcode. Properties currently for saleProperties currently for rent

PROSPECT STREET, LA1 3BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 3BJ 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 3BJ postcode.

Flat
- The average price is around £104,942 median price is £105,000 Standard Deviation is £43,577 with Total Sold: 929
- The Last 5 Year average price is £118,886 with Total Sold: 124
- 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 £122,724 median price is £128,000 Standard Deviation is £57,616 with Total Sold: 715
- The Last 5 Year average price is £186,195 with Total Sold: 105
- The most recent sale happened at this postcode is , 17 MALVERN AVENUE: £254,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 23 ELGIN STREET: £32,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £101,130 median price is £102,000 Standard Deviation is £57,911 with Total Sold: 3,246
- The Last 5 Year average price is £155,712 with Total Sold: 450
- The most recent sale happened at this postcode is , 60 BALMORAL ROAD: £200,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 27 BOWERHAM ROAD: £59,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £223,636 median price is £183,000 Standard Deviation is £157,220 with Total Sold: 71
- The Last 5 Year average price is £310,000 with Total Sold: 6
- The most recent sale happened at this postcode is , 8 WYRESDALE GARDENS: £350,000 (Sold on 29 May 2024)
- The first recorded sale happened at this postcode is , 6 WYRESDALE GARDENS: £85,000 (Sold on 05 Jan 1995)
Other
- The average price is around £545,703 median price is £275,000 Standard Deviation is £973,905 with Total Sold: 62
- The Last 5 Year average price is £511,632 with Total Sold: 34
- The most recent sale happened at this postcode is , 13 BROCK STREET: £10,000 (Sold on 20 Feb 2023)
- The first recorded sale happened at this postcode is , 15 DALTON SQUARE: £145,000 (Sold on 26 Sep 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£102,550	£1,924	10
2023	£126,331	£2,100	29
2022	£109,540	£1,993	18
2021	£125,962	£2,050	26
2020	£117,739	£2,009	22
2019	£116,618	£1,903	19
2018	£134,908	£2,209	42
2017	£118,664	£2,160	32
2016	£123,417	£2,043	24
2015	£128,913	£1,998	35
2014	£105,285	£1,690	39
2013	£107,541	£1,694	38
2012	£93,565	£1,734	23
2011	£118,548	£1,794	30
2010	£112,917	£1,785	46
2009	£104,012	£1,675	95
2008	£140,218	£2,067	40
2007	£113,453	£2,076	26
2006	£124,923	£2,328	36
2005	£109,220	£2,071	21
2004	£126,229	£2,096	81
2003	£94,259	£1,454	38
2002	£56,065	£1,105	26
2001	£51,734	£1,000	17
2000	£50,326	£908	22
1999	£46,444	£868	27
1998	£44,449	£872	36
1997	£44,285	£902	13
1996	£47,832	£885	14
1995	£33,875	£910	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,500	£2,070	7
2023	£201,850	£2,888	20
2022	£207,080	£2,745	15
2021	£185,633	£2,338	31
2020	£175,044	£2,259	16
2019	£156,091	£2,108	16
2018	£161,094	£2,180	18
2017	£145,825	£2,055	24
2016	£167,581	£2,233	18
2015	£163,903	£2,467	16
2014	£154,339	£2,186	19
2013	£150,492	£1,988	19
2012	£151,496	£2,029	14
2011	£139,160	£1,799	15
2010	£156,646	£1,987	17
2009	£147,838	£1,825	21
2008	£140,054	£1,762	23
2007	£155,288	£1,913	32
2006	£145,698	£1,823	38
2005	£139,865	£1,660	30
2004	£129,735	£1,625	33
2003	£109,456	£1,263	41
2002	£77,507	£1,017	48
2001	£62,871	£871	41
2000	£58,872	£737	29
1999	£52,343	£696	27
1998	£49,773	£691	22
1997	£52,538	£700	13
1996	£49,285	£622	33
1995	£46,108	£600	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,004	£2,751	36
2023	£161,191	£2,387	72
2022	£167,054	£2,315	74
2021	£163,116	£2,157	101
2020	£144,099	£1,833	90
2019	£135,936	£1,899	77
2018	£132,540	£1,774	98
2017	£135,463	£1,800	94
2016	£132,909	£1,759	84
2015	£130,798	£1,798	97
2014	£132,925	£1,811	99
2013	£125,150	£1,751	81
2012	£134,538	£1,633	87
2011	£126,573	£1,722	75
2010	£119,752	£1,792	65
2009	£113,565	£1,609	84
2008	£125,367	£1,741	63
2007	£127,662	£1,828	174
2006	£124,492	£1,666	164
2005	£109,427	£1,574	126
2004	£114,779	£1,622	135
2003	£84,734	£1,177	136
2002	£70,274	£876	212
2001	£51,789	£718	175
2000	£45,919	£613	149
1999	£41,361	£564	123
1998	£42,818	£536	128
1997	£39,865	£556	113
1996	£40,649	£525	110
1995	£41,314	£555	124

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2022	£211,000	£3,702	1
2021	£428,000	£2,770	2
2020	£221,500	£1,549	2
2018	£638,750	£2,641	2
2017	£307,300	£2,161	5
2016	£230,000	£3,651	1
2012	£253,750	£2,677	2
2011	£366,250	£2,599	2
2010	£337,667	£2,153	3
2008	£162,000	£2,702	2
2007	£356,083	£1,983	3
2006	£156,800	£1,426	5
2005	£230,625	£2,421	4
2004	£321,190	£1,776	5
2003	£185,714	£1,412	7
2002	£103,405	£915	11
2001	£80,000		1
2000	£218,000	£1,241	1
1999	£75,667	£818	3
1998	£96,000	£457	2
1996	£40,000		1
1995	£164,400	£734	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£105,000		2
2022	£333,625	£2,005	8
2021	£293,400	£8,929	10
2020	£1,913,750		4
2019	£392,749	£2,732	10
2018	£550,111	£1,839	9
2017	£754,285	£2,008	12
2016	£327,675		4
2015	£780,000		1
2013	£172,500		2

House Type in LA1 3BJ area

The most common house types in the LA1 3BJ postcode area are Terraced (114), Shared house (5), and Semi-detached (4).

Total	126
Terraced	114
Shared house	5
Semi-detached	4
Detached	3
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 Private rented: Private landlord or letting agency (67), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency	67
Owned: Owns outright	38
Owned: Owns with a mortgage or loan	18
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 3BJ have 1 person in household (34), and 4 people in household (22).

1 person in household	34
4 people in household	22
2 people in household	21
3 people in household	19
6 people in household	17
5 people in household	12
8 or more people in household	4
0 people in household	0
7 people in household	0