Housing Market Analysis for PROSPECT STREET, LA1 3BL

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

Overview of Sold House prices

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

Terraced
- The average price is around £102,183 median price is £120,000 Standard Deviation is £39,515 with Total Sold: 66
- The Last 5 Year average price is £140,794 with Total Sold: 8
- The most recent sale happened at this postcode is 11 PROSPECT STREET: £145,000 (Sold on 29 Apr 2022)
- The first recorded sale happened at this postcode is 37 PROSPECT STREET: £185,000 (Sold on 03 Jun 2024)
Semi-Detached
- The average price is around £142,500 median price is £142,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 67 PROSPECT STREET: £142,500 (Sold on 04 Dec 2007)
- The first recorded sale happened at this postcode is 67 PROSPECT STREET: £142,500 (Sold on 04 Dec 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 3BL 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
2022	£145,000	£1,593	1
2021	£145,417	£2,429	3
2020	£116,300	£1,501	2
2019	£127,500	£1,656	1
2018	£137,000	£1,827	1
2017	£133,333	£1,723	3
2016	£130,767	£1,856	3
2014	£118,750	£1,888	4
2013	£133,000	£1,741	2
2012	£116,500	£1,738	4
2011	£134,000	£2,134	3
2010	£130,000	£1,733	1
2009	£128,000	£1,620	1
2008	£65,000		1
2007	£126,400	£1,626	5
2006	£114,625	£1,618	4
2005	£124,667	£1,634	3
2004	£118,225	£1,496	2
2003	£88,000	£1,128	1
2002	£67,900	£917	5
2001	£50,000	£633	1
2000	£49,250	£678	4
1999	£41,250	£529	1
1998	£39,250	£480	2
1997	£44,000	£557	1
1996	£36,300	£520	4
1995	£36,000	£462	2
2024	£185,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£142,500	£1,566	1

All the Sales in the PROSPECT STREET, LA1 3BL

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

Address	Sold Date	Price	% Change
11 PROSPECT STREETTerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	29 Apr 2022	£145,000	286.67%
	19 Oct 1998	£37,500	First Sale
21 PROSPECT STREETTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	22 Oct 2021	£155,000	First Sale
29 PROSPECT STREETTerraced, FreeholdArea: 54.12 Sq.mtrAge: before 1900	10 Jun 2021	£140,000	12.00%
	16 Nov 2011	£125,000	-0.75%
	18 May 2004	£125,950	First Sale
5 PROSPECT STREETTerraced, FreeholdArea: 55.48 Sq.mtrAge: before 1900	26 Feb 2021	£141,250	6.20%
	05 Dec 2014	£133,000	35.71%
	08 Jun 2012	£98,000	First Sale
71 PROSPECT STREETTerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	02 Nov 2020	£145,000	2.84%
	01 Jul 2013	£141,000	8.46%
	07 Apr 2005	£130,000	80.56%
	29 Jul 2002	£72,000	First Sale
7 PROSPECT STREETTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	08 Oct 2020	£87,600	First Sale
55 PROSPECT STREETTerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	11 Sep 2019	£127,500	117.95%
	23 May 2002	£58,500	53.95%
	20 Nov 1996	£38,000	First Sale
25 PROSPECT STREETTerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	30 Nov 2018	£137,000	1.48%
	26 May 2017	£135,000	184.21%
	14 Jan 2000	£47,500	First Sale
47 PROSPECT STREETTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	17 Jul 2017	£130,000	-4.41%
	07 Jun 2012	£136,000	6.25%
	31 Jul 2009	£128,000	0.0
	06 Jul 2007	£128,000	64.10%
	31 Oct 2002	£78,000	90.24%
	21 Aug 1998	£41,000	First Sale
69 PROSPECT STREETTerraced, Freehold	06 Jul 2017	£135,000	141.07%
69 PROSPECT STREETTerraced, Freehold	25 Jan 2002	£56,000	First Sale
45 PROSPECT STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	02 Dec 2016	£127,000	188.64%
	18 Jul 1997	£44,000	First Sale
37 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	27 Oct 2016	£137,500	16.03%
	12 Sep 2006	£118,500	-35.95%
	03 Jun 2024	£185,000	First Sale
9 PROSPECT STREETTerraced, FreeholdArea: 58.12 Sq.mtrAge: 1900-1929	27 Jun 2016	£127,800	25.29%
	03 Aug 2012	£102,000	First Sale
33 PROSPECT STREETTerraced, FreeholdArea: 52 Sq.mtrAge: before 1900	03 Oct 2014	£120,000	8.60%
	27 Feb 2004	£110,500	171.50%
	22 Nov 1996	£40,700	First Sale
35 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	11 Jun 2014	£110,000	First Sale
23 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	17 Apr 2014	£112,000	-17.04%
	17 Aug 2007	£135,000	227.27%
	22 Jun 1999	£41,250	-1.79%
	21 Jun 1995	£42,000	First Sale
39 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	06 Dec 2013	£125,000	66.67%
	01 Aug 2002	£75,000	45.63%
	29 Aug 2000	£51,500	First Sale
65 PROSPECT STREETTerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	01 Aug 2012	£130,000	8.33%
	15 Jul 2005	£120,000	189.16%
	11 Oct 1996	£41,500	First Sale
59 PROSPECT STREETTerraced, FreeholdArea: 59.07 Sq.mtrAge: before 1900	08 Jul 2011	£137,000	6.20%
	31 Aug 2007	£129,000	First Sale
53 PROSPECT STREETTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	10 Jun 2011	£140,000	33.33%
	27 Jan 2006	£105,000	110.00%
	23 Feb 2001	£50,000	First Sale
61 PROSPECT STREETTerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	27 Aug 2010	£130,000	13.04%
	24 Jul 2006	£115,000	First Sale
19 PROSPECT STREETTerraced, Freehold	23 Dec 2008	£65,000	First Sale
67 PROSPECT STREETSemi-Detached, FreeholdArea: 91 Sq.mtrAge: before 1900	04 Dec 2007	£142,500	First Sale
13 PROSPECT STREETTerraced, Freehold	09 Oct 2007	£120,000	380.00%
13 PROSPECT STREETTerraced, Freehold	26 Apr 1996	£25,000	First Sale
63 PROSPECT STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	01 May 2007	£120,000	First Sale
73 PROSPECT STREETTerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	09 Oct 2006	£120,000	First Sale
51 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	01 Sep 2005	£124,000	133.96%
	30 Oct 2000	£53,000	First Sale
41 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	01 Sep 2003	£88,000	First Sale
43 PROSPECT STREETTerraced, FreeholdArea: 132 Sq.mtrAge: before 1900	14 Jan 2000	£45,000	First Sale
49 PROSPECT STREETTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	11 Oct 1995	£30,000	First Sale

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

PROSPECT STREET, LA1 3BL Near By properties

Interactive Map

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

Flat
- The average price is around £104,785 median price is £105,000 Standard Deviation is £43,201 with Total Sold: 926
- 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 £122,756 median price is £128,500 Standard Deviation is £57,309 with Total Sold: 716
- The Last 5 Year average price is £186,184 with Total Sold: 106
- 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 £100,726 median price is £101,500 Standard Deviation is £57,068 with Total Sold: 3,287
- The Last 5 Year average price is £154,557 with Total Sold: 462
- 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 £226,311 median price is £182,000 Standard Deviation is £159,408 with Total Sold: 68
- 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 £586,758 median price is £280,000 Standard Deviation is £1,025,947 with Total Sold: 55
- The Last 5 Year average price is £560,864 with Total Sold: 29
- 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	£131,613	£2,214	41
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	£125,807	£2,107	80
2003	£94,259	£1,454	38
2002	£56,065	£1,105	26
2001	£51,734	£1,000	17
2000	£50,326	£908	22
1999	£47,077	£898	26
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	£205,700	£2,751	16
2021	£185,633	£2,338	31
2020	£175,044	£2,259	16
2019	£156,091	£2,108	16
2018	£159,405	£2,169	19
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	£138,088	£1,804	16
2010	£149,999	£1,987	16
2009	£147,838	£1,825	21
2008	£139,844	£1,778	24
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	£108,731	£1,262	42
2002	£77,507	£1,017	48
2001	£61,096	£875	39
2000	£58,872	£737	29
1999	£52,343	£696	27
1998	£49,773	£691	22
1997	£52,538	£700	13
1996	£49,389	£629	32
1995	£46,108	£600	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,572	£2,751	37
2023	£159,463	£2,414	74
2022	£164,819	£2,315	73
2021	£164,497	£2,166	105
2020	£143,640	£1,832	92
2019	£132,569	£1,885	81
2018	£132,360	£1,777	97
2017	£135,346	£1,814	94
2016	£132,585	£1,761	86
2015	£131,607	£1,793	98
2014	£131,241	£1,812	102
2013	£123,544	£1,757	81
2012	£134,765	£1,643	86
2011	£126,205	£1,724	78
2010	£119,591	£1,800	64
2009	£113,523	£1,609	85
2008	£125,367	£1,741	63
2007	£126,512	£1,821	176
2006	£124,226	£1,665	167
2005	£109,122	£1,576	126
2004	£114,465	£1,620	138
2003	£84,169	£1,173	138
2002	£68,731	£881	213
2001	£51,813	£719	176
2000	£45,814	£613	151
1999	£41,433	£566	126
1998	£42,347	£539	130
1997	£39,865	£556	113
1996	£40,630	£524	111
1995	£41,269	£559	126

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	£391,500	£2,451	2
2008	£162,000	£2,702	2
2007	£356,083	£1,983	3
2006	£143,800	£1,800	5
2005	£230,625	£2,421	4
2004	£321,190	£1,776	5
2003	£185,714	£1,412	7
2002	£104,828	£1,019	9
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	£325,111	£8,929	9
2020	£1,913,750		4
2019	£467,508	£2,399	6
2018	£593,250	£1,839	8
2017	£802,265	£2,173	11
2016	£327,675		4
2015	£780,000		1
2013	£172,500		2

House Type in LA1 3BL area

The most common house types in the LA1 3BL postcode area are Terraced (89), Semi-detached (6), and Detached (4).

Total	101
Terraced	89
Semi-detached	6
Detached	4
converted building	1
commercial building	1
Flat	0
Shared house	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 (44), and Owned: Owns outright (24).

Private rented: Private landlord or letting agency	44
Owned: Owns outright	24
Owned: Owns with a mortgage or loan	23
Private rented: Other private rented	4
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 3BL have 2 people in household (36), and 1 person in household (30).

2 people in household	36
1 person in household	30
3 people in household	21
4 people in household	12
5 people in household	2
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0