Housing Market Analysis for MELBOURNE ROAD, LA1 3QB

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

Overview of Sold House prices

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

Terraced
- The average price is around £75,389 median price is £78,625 Standard Deviation is £39,055 with Total Sold: 32
- The Last 5 Year average price is £137,375 with Total Sold: 4
- The most recent sale happened at this postcode is 15 MELBOURNE ROAD: £132,000 (Sold on 30 Aug 2023)
- The first recorded sale happened at this postcode is 10 MELBOURNE ROAD: £35,000 (Sold on 30 Aug 1996)
Semi-Detached
- The average price is around £108,500 median price is £108,500 Standard Deviation is £23,500 with Total Sold: 2
- The Last 5 Year average price is £132,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7 MELBOURNE ROAD: £132,000 (Sold on 19 Mar 2020)
- The first recorded sale happened at this postcode is 7 MELBOURNE ROAD: £85,000 (Sold on 20 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 3QB 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	£132,000	£2,200	1
2022	£151,250	£2,266	2
2021	£115,000	£1,769	1
2017	£122,000	£1,841	1
2015	£100,000	£1,539	2
2014	£106,250	£1,711	2
2013	£92,000	£1,388	1
2009	£98,125	£1,612	2
2008	£100,000	£1,429	1
2006	£101,500	£1,573	2
2003	£78,000	£1,109	3
2002	£46,975	£717	2
2001	£48,125	£684	2
2000	£33,500	£502	2
1998	£33,000	£559	3
1997	£28,000	£422	4
1996	£35,000	£547	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£132,000	£1,535	1
2015	£85,000	£988	1

All the Sales in the MELBOURNE ROAD, LA1 3QB

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

Address	Sold Date	Price	% Change
15 MELBOURNE ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1900-1929	30 Aug 2023	£132,000	35.38%
	04 Jul 2014	£97,500	First Sale
3 MELBOURNE ROADTerraced, Freehold	12 Apr 2022	£157,500	462.50%
3 MELBOURNE ROADTerraced, Freehold	22 Jul 1997	£28,000	First Sale
20 MELBOURNE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	31 Mar 2022	£145,000	45.00%
	09 Jan 2015	£100,000	194.12%
	27 Oct 1998	£34,000	First Sale
6 MELBOURNE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	19 Nov 2021	£115,000	56.46%
	17 Oct 2003	£73,500	First Sale
7 MELBOURNE ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1900-1929	19 Mar 2020	£132,000	55.29%
	20 Mar 2015	£85,000	First Sale
22 MELBOURNE ROADTerraced, FreeholdArea: 66.26 Sq.mtrAge: before 1900	03 Aug 2017	£122,000	32.61%
	24 May 2013	£92,000	First Sale
18 MELBOURNE ROADTerraced, FreeholdArea: 66 Sq.mtrAge: before 1900	27 Mar 2015	£100,000	96.27%
	08 Mar 2002	£50,950	First Sale
25 MELBOURNE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	04 Jul 2014	£115,000	25.00%
	23 Mar 2006	£92,000	First Sale
24 MELBOURNE ROADTerraced, FreeholdArea: 60.47 Sq.mtrAge: before 1900	03 Dec 2009	£115,000	173.81%
	21 Dec 2000	£42,000	15.07%
	13 Jan 1998	£36,500	First Sale
13 MELBOURNE ROADTerraced, FreeholdArea: 61.47 Sq.mtrAge: before 1900	18 Sep 2009	£81,250	First Sale
8 MELBOURNE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	17 Mar 2008	£100,000	First Sale
27 MELBOURNE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: before 1900	29 Sep 2006	£111,000	158.14%
	01 Feb 2002	£43,000	First Sale
1 MELBOURNE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	29 Aug 2003	£76,000	First Sale
17 MELBOURNE ROADTerraced, Freehold	25 Jul 2003	£84,500	60.95%
17 MELBOURNE ROADTerraced, Freehold	06 Dec 2001	£52,500	First Sale
10 MELBOURNE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: before 1900	20 Nov 2001	£43,750	25.00%
	30 Aug 1996	£35,000	First Sale
21 MELBOURNE ROADTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	07 Jan 2000	£25,000	First Sale
12 MELBOURNE ROADTerraced, Freehold	09 Apr 1998	£28,500	First Sale
4 MELBOURNE ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	14 Nov 1997	£27,000	First Sale
11 MELBOURNE ROADTerraced, Freehold	27 Jun 1997	£32,000	First Sale
19 MELBOURNE ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1900-1929	25 Apr 1997	£25,000	First Sale

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

MELBOURNE ROAD, LA1 3QB Near By properties

Interactive Map

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

Terraced
- The average price is around £102,119 median price is £101,000 Standard Deviation is £79,306 with Total Sold: 3,239
- The Last 5 Year average price is £170,200 with Total Sold: 388
- The most recent sale happened at this postcode is , 62 GRASMERE ROAD: £249,950 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 6 AYR STREET: £28,500 (Sold on 11 Jan 1995)
Semi-Detached
- The average price is around £133,582 median price is £118,000 Standard Deviation is £95,987 with Total Sold: 363
- The Last 5 Year average price is £211,578 with Total Sold: 40
- The most recent sale happened at this postcode is , 126B ULLSWATER ROAD: £175,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 23 ELGIN STREET: £32,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £94,984 median price is £90,000 Standard Deviation is £48,237 with Total Sold: 806
- The Last 5 Year average price is £112,929 with Total Sold: 88
- The most recent sale happened at this postcode is FLAT 24, EQUITABLE HOUSE BULK STREET: £98,000 (Sold on 10 May 2024)
- The first recorded sale happened at this postcode is 6, MILL HOUSE MOOR CLOSE: £34,000 (Sold on 03 Feb 1995)
Other
- The average price is around £647,209 median price is £282,200 Standard Deviation is £1,112,934 with Total Sold: 139
- The Last 5 Year average price is £522,275 with Total Sold: 59
- The most recent sale happened at this postcode is , 6A DAMSIDE STREET: £153,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , MINT JUICE BAR, 34 CHURCH STREET: £230,000 (Sold on 01 Apr 2008)
Detached
- The average price is around £279,410 median price is £236,000 Standard Deviation is £190,559 with Total Sold: 86
- The Last 5 Year average price is £379,000 with Total Sold: 7
- The most recent sale happened at this postcode is , 1 DALTON ROAD: £250,000 (Sold on 16 Oct 2023)
- The first recorded sale happened at this postcode is , 14 PENNY STREET: £650,000 (Sold on 06 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£176,785	£2,571	33
2023	£173,796	£2,443	77
2022	£165,161	£2,221	84
2021	£166,859	£2,115	104
2020	£173,273	£1,861	90
2019	£137,464	£1,947	85
2018	£129,206	£1,769	95
2017	£132,865	£1,776	92
2016	£130,710	£1,788	88
2015	£125,743	£1,724	96
2014	£128,631	£1,815	97
2013	£129,110	£1,717	78
2012	£127,027	£1,634	76
2011	£118,652	£1,712	84
2010	£125,800	£1,792	78
2009	£116,466	£1,606	98
2008	£128,332	£1,777	63
2007	£128,157	£1,807	157
2006	£121,500	£1,619	164
2005	£111,760	£1,576	122
2004	£112,614	£1,509	125
2003	£83,179	£1,136	165
2002	£73,027	£871	186
2001	£49,895	£680	156
2000	£47,332	£635	148
1999	£40,164	£558	126
1998	£37,683	£520	133
1997	£39,413	£532	118
1996	£40,172	£506	112
1995	£40,486	£552	109

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,625	£2,070	4
2023	£228,994	£2,638	9
2022	£185,743	£2,732	7
2021	£213,926	£2,198	14
2020	£184,750	£1,881	6
2019	£336,214	£2,282	7
2018	£153,149	£1,986	8
2017	£181,756	£2,316	8
2016	£306,567	£2,432	6
2015	£254,462	£1,958	8
2014	£206,550	£1,887	10
2013	£116,800	£1,723	5
2012	£149,667	£1,973	6
2011	£179,281	£1,840	8
2010	£195,905	£2,175	11
2009	£145,886	£1,554	18
2008	£138,032	£1,508	13
2007	£156,329	£1,956	12
2006	£136,224	£1,758	21
2005	£136,717	£1,555	12
2004	£136,078	£1,446	16
2003	£83,089	£1,078	24
2002	£95,316	£972	38
2001	£63,510	£802	21
2000	£55,675	£761	20
1999	£76,690	£713	10
1998	£55,572	£708	18
1997	£53,337	£447	8
1996	£50,267	£623	9
1995	£49,683	£583	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£108,825	£1,898	6
2023	£130,155	£2,209	20
2022	£112,510	£2,214	23
2021	£109,031	£1,980	16
2020	£102,152	£2,000	23
2019	£96,272	£1,840	19
2018	£107,128	£1,902	29
2017	£111,467	£1,996	21
2016	£125,540	£2,034	25
2015	£123,385	£1,893	26
2014	£96,535	£1,856	27
2013	£96,487	£1,845	19
2012	£102,527	£1,774	15
2011	£107,196	£1,823	25
2010	£99,514	£1,638	30
2009	£99,183	£1,672	90
2008	£145,190	£2,152	33
2007	£106,031	£2,019	26
2006	£115,437	£2,308	36
2005	£102,242	£1,829	22
2004	£120,741	£2,048	77
2003	£70,321	£1,354	18
2002	£54,422	£965	29
2001	£47,862	£888	24
2000	£50,297	£765	25
1999	£36,573	£728	15
1998	£37,815	£753	12
1997	£35,767	£736	29
1996	£40,699	£870	34
1995	£41,890	£880	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£159,000		2
2023	£721,875		8
2022	£361,938	£1,674	16
2021	£356,722	£8,929	18
2020	£833,949	£2,264	15
2019	£369,000	£4,231	15
2018	£772,682		22
2017	£647,484	£1,480	22
2016	£914,563		11
2015	£267,167		3
2014	£2,733,125		4
2013	£172,500		2
2008	£230,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£250,000	£2,475	1
2021	£469,333	£2,663	3
2020	£331,667	£1,816	3
2017	£333,790	£2,010	5
2016	£361,667	£2,857	3
2014	£295,000	£2,374	2
2012	£346,667	£1,838	3
2011	£411,750	£2,732	4
2010	£403,333	£2,477	3
2009	£170,000		1
2007	£312,990	£1,694	5
2006	£316,875	£2,102	8
2005	£245,500		2
2004	£270,000	£1,607	2
2003	£248,231	£1,544	9
2002	£121,606	£1,009	9
2001	£355,362	£1,040	4
2000	£335,700	£694	5
1999	£68,231	£833	4
1998	£293,333	£561	3
1997	£59,500	£699	2
1996	£146,500		2
1995	£280,333	£509	3

House Type in LA1 3QB area

The most common house types in the LA1 3QB postcode area are Terraced (98), Semi-detached (9), and Flat (7).

Total	123
Terraced	98
Semi-detached	9
Flat	7
Detached	4
commercial building	3
Shared house	1
converted building	1
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 (50), and Owned: Owns outright (37).

Private rented: Private landlord or letting agency	50
Owned: Owns outright	37
Owned: Owns with a mortgage or loan	26
Social rented: Other social rented	5
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 3QB have 1 person in household (43), and 2 people in household (43).

1 person in household	43
2 people in household	43
3 people in household	18
4 people in household	14
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0