Housing Market Analysis for PARKFIELD DRIVE, LA1 4BU

Are you looking to understand LA1 4BU 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 4BU area, explore the LA1 4BU Area information page.
For comprehensive crime statistics in the LA1 4BU area, explore the LA1 4BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA1 4BU postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £123,023 median price is £133,500 Standard Deviation is £55,044 with Total Sold: 42
- The Last 5 Year average price is £204,788 with Total Sold: 6
- The most recent sale happened at this postcode is 2 PARKFIELD DRIVE: £205,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is 22 PARKFIELD DRIVE: £230,000 (Sold on 11 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 4BU 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
2023	£207,500	£3,011	2
2021	£194,575	£2,442	3
2018	£160,000	£2,462	1
2017	£150,000	£2,273	1
2016	£143,250	£2,111	4
2015	£152,475	£2,272	2
2012	£145,500	£2,066	1
2011	£138,167	£1,659	3
2009	£145,000	£2,070	2
2008	£170,000		1
2007	£176,500		1
2006	£148,000	£1,980	3
2004	£150,000	£2,113	1
2003	£110,000		1
2002	£80,500	£1,220	1
2001	£68,662	£985	2
2000	£59,725		2
1999	£55,875	£677	4
1998	£58,000	£879	1
1997	£53,000		1
1996	£44,500	£618	4
2024	£230,000		1

All the Sales in the PARKFIELD DRIVE, LA1 4BU

See the table below for more details on the sold house prices in the LA1 4BU, Lancaster postcode.

Address	Sold Date	Price	% Change
2 PARKFIELD DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	18 Aug 2023	£205,000	253.45%
	07 Aug 1998	£58,000	First Sale
62 PARKFIELD DRIVESemi-Detached, FreeholdArea: 115.3 Sq.mtrAge: 1930-1949	27 Aug 2021	£207,000	35.74%
	19 Dec 2011	£152,500	158.47%
	30 Apr 1999	£59,000	First Sale
18 PARKFIELD DRIVESemi-Detached, FreeholdArea: 70.44 Sq.mtrAge: 1930-1949	03 Aug 2021	£184,225	26.62%
	29 Jun 2012	£145,500	11.92%
	17 Mar 2011	£130,000	First Sale
8 PARKFIELD DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	14 Jul 2021	£192,500	28.33%
	18 Jan 2017	£150,000	2.04%
	07 Jul 2006	£147,000	82.61%
	29 Apr 2002	£80,500	61.00%
	25 Jun 1999	£50,000	First Sale
28 PARKFIELD DRIVESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-1949	24 Sep 2018	£160,000	14.33%
	27 Mar 2015	£139,950	First Sale
36 PARKFIELD DRIVESemi-Detached, FreeholdArea: 69.2 Sq.mtrAge: 1930-1949	14 Oct 2016	£135,000	First Sale
24 PARKFIELD DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	20 Jul 2016	£151,000	First Sale
12 PARKFIELD DRIVESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	08 Jul 2016	£162,000	22.73%
	11 Feb 2011	£132,000	First Sale
20 PARKFIELD DRIVESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-1949	20 May 2016	£125,000	First Sale
60 PARKFIELD DRIVESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	14 Aug 2015	£165,000	First Sale
40 PARKFIELD DRIVESemi-Detached, FreeholdArea: 71.48 Sq.mtrAge: 1930-1949	20 Nov 2009	£160,000	193.58%
	16 Aug 1999	£54,500	2.83%
	12 Sep 1996	£53,000	First Sale
56 PARKFIELD DRIVESemi-Detached, FreeholdArea: 68.38 Sq.mtrAge: 1900-1929	19 Aug 2009	£130,000	First Sale
42 PARKFIELD DRIVESemi-Detached, Freehold	26 Sep 2008	£170,000	195.65%
42 PARKFIELD DRIVESemi-Detached, Freehold	21 Sep 2000	£57,500	First Sale
46 PARKFIELD DRIVESemi-Detached, Freehold	12 Sep 2007	£176,500	5.69%
	30 Jun 2006	£167,000	169.57%
	26 Apr 2000	£61,950	First Sale
64 PARKFIELD DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	30 Mar 2006	£130,000	165.31%
	31 May 1996	£49,000	First Sale
52 PARKFIELD DRIVESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1930-1949	30 Jul 2004	£150,000	114.44%
	17 Aug 2001	£69,950	First Sale
66 PARKFIELD DRIVESemi-Detached, Freehold	23 Jul 2003	£110,000	83.33%
66 PARKFIELD DRIVESemi-Detached, Freehold	30 Jun 1999	£60,000	First Sale
54 PARKFIELD DRIVESemi-Detached, Freehold	11 May 2001	£67,375	First Sale
68 PARKFIELD DRIVESemi-Detached, Freehold	28 Feb 1997	£53,000	First Sale
16 PARKFIELD DRIVESemi-Detached, Freehold	01 Aug 1996	£43,000	First Sale
4 PARKFIELD DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-1949	26 Apr 1996	£33,000	-84.29%
	13 Dec 2023	£210,000	First Sale
22 PARKFIELD DRIVESemi-Detached, Freehold	11 Apr 2024	£230,000	First Sale

Check out the sold house prices near the LA1 4BU postcode. Properties currently for saleProperties currently for rent

PARKFIELD DRIVE, LA1 4BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 4BU 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 4BU postcode.

Semi-Detached
- The average price is around £131,678 median price is £136,250 Standard Deviation is £64,845 with Total Sold: 1,010
- The Last 5 Year average price is £201,054 with Total Sold: 143
- 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 , 19 SULBY DRIVE: £37,500 (Sold on 16 Feb 1995)
Flat
- The average price is around £97,972 median price is £91,000 Standard Deviation is £50,037 with Total Sold: 539
- The Last 5 Year average price is £119,179 with Total Sold: 100
- The most recent sale happened at this postcode is , 40 THE HASTINGS SCOTFORTH ROAD: £115,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 36 THE HASTINGS: £46,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £109,837 median price is £112,000 Standard Deviation is £61,262 with Total Sold: 3,641
- The Last 5 Year average price is £169,326 with Total Sold: 548
- The most recent sale happened at this postcode is , 11 ULSTER ROAD: £215,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 80 COULSTON ROAD: £56,000 (Sold on 03 Jan 1995)
Other
- The average price is around £542,088 median price is £240,000 Standard Deviation is £1,108,407 with Total Sold: 25
- The Last 5 Year average price is £728,269 with Total Sold: 13
- The most recent sale happened at this postcode is , WELLINGTON ROAD GARAGE WELLINGTON ROAD: £180,000 (Sold on 08 Sep 2023)
- The first recorded sale happened at this postcode is , 142 GREAVES ROAD: £919,997 (Sold on 17 Jan 2014)
Detached
- The average price is around £166,178 median price is £151,000 Standard Deviation is £122,308 with Total Sold: 86
- The Last 5 Year average price is £217,714 with Total Sold: 7
- The most recent sale happened at this postcode is , 8 KENILWORTH PLACE: £365,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is , SOUTHFIELD SOUTH ROAD: £190,000 (Sold on 13 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,000	£3,052	10
2023	£212,632	£2,745	21
2022	£234,076	£2,629	19
2021	£210,436	£2,331	41
2020	£175,926	£2,066	21
2019	£172,442	£2,088	31
2018	£166,977	£1,917	22
2017	£176,097	£2,045	43
2016	£172,257	£2,046	29
2015	£179,025	£2,156	36
2014	£161,218	£2,042	25
2013	£176,284	£1,938	25
2012	£160,924	£1,681	23
2011	£150,840	£1,705	26
2010	£149,193	£1,886	23
2009	£152,598	£1,771	30
2008	£148,267	£1,783	24
2007	£164,667	£1,786	54
2006	£152,311	£1,789	47
2005	£139,872	£1,556	40
2004	£142,784	£1,597	46
2003	£113,900	£1,215	58
2002	£78,559	£944	48
2001	£64,892	£838	48
2000	£65,542	£682	54
1999	£56,491	£654	33
1998	£55,409	£629	33
1997	£52,016	£599	24
1996	£49,905	£568	49
1995	£48,081	£576	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,333	£727	6
2023	£122,155	£2,045	31
2022	£120,333	£2,207	12
2021	£117,257	£2,076	15
2020	£140,624	£2,271	6
2019	£118,083	£2,089	30
2018	£132,130	£2,224	50
2017	£156,707	£2,457	74
2016	£94,364	£1,550	11
2015	£86,417	£1,531	18
2014	£99,550	£1,643	10
2013	£92,494	£1,642	9
2012	£85,250	£1,749	6
2011	£91,667	£1,697	6
2010	£94,625	£1,716	8
2009	£79,125	£2,071	2
2008	£99,190	£1,715	5
2007	£108,877	£2,084	26
2006	£107,464	£1,943	21
2005	£91,985	£1,909	10
2004	£99,954	£1,871	14
2003	£73,878	£1,445	20
2002	£54,212	£1,128	30
2001	£53,254	£989	25
2000	£46,153	£900	29
1999	£40,665	£885	26
1998	£41,216	£873	16
1997	£36,242	£650	6
1996	£38,140	£677	9
1995	£41,750	£744	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,794	£2,465	47
2023	£182,056	£2,254	79
2022	£177,145	£2,253	83
2021	£176,436	£2,053	132
2020	£153,412	£1,793	106
2019	£152,688	£1,824	101
2018	£145,750	£1,718	117
2017	£144,960	£1,752	128
2016	£150,531	£1,713	101
2015	£141,205	£1,727	126
2014	£142,864	£1,669	114
2013	£129,246	£1,653	94
2012	£139,807	£1,647	96
2011	£147,217	£1,691	76
2010	£129,219	£1,734	65
2009	£124,327	£1,571	103
2008	£136,647	£1,625	74
2007	£133,656	£1,696	176
2006	£126,395	£1,590	180
2005	£117,921	£1,529	120
2004	£117,535	£1,531	128
2003	£96,554	£1,194	129
2002	£69,337	£863	208
2001	£57,150	£714	201
2000	£51,513	£637	190
1999	£50,131	£587	121
1998	£46,674	£550	137
1997	£43,947	£535	155
1996	£45,333	£538	127
1995	£43,393	£535	127

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£180,000		1
2022	£161,500	£1,070	4
2021	£295,500	£2,254	3
2020	£2,990,000	£1,782	2
2019	£591,666	£2,399	3
2018	£183,167	£1,816	3
2017	£418,783	£4,694	6
2016	£38,500		1
2015	£64,000	£1,164	1
2014	£919,997		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£365,000	£2,355	1
2021	£218,000	£2,485	3
2020	£176,500	£2,261	2
2019	£152,000	£2,040	1
2018	£339,750	£2,259	4
2017	£152,000	£2,023	3
2015	£197,125	£2,494	4
2012	£277,500	£2,546	1
2011	£125,000	£1,858	1
2010	£70,000	£614	1
2009	£193,000	£1,682	4
2008	£170,000		1
2007	£221,917	£1,859	3
2006	£157,883	£1,923	6
2005	£221,643	£1,958	7
2004	£251,550	£1,884	9
2003	£133,333	£895	3
2002	£137,730	£1,053	10
2001	£63,375		4
2000	£109,667	£659	3
1999	£54,750	£517	4
1998	£40,750	£457	2
1997	£64,167	£735	3
1996	£60,000		2
1995	£87,000	£555	4

House Type in LA1 4BU area

The most common house types in the LA1 4BU postcode area are Semi-detached (106), Terraced (10), and Detached (4).

Total	120
Semi-detached	106
Terraced	10
Detached	4
Flat	0
Shared house	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 (61), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	15
Social rented: Other social rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 4BU have 2 people in household (42), and 1 person in household (27).

2 people in household	42
1 person in household	27
4 people in household	25
3 people in household	23
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0