Housing Market Analysis for SOMERSET AVENUE, LA1 4BW

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £123,759 median price is £150,000 Standard Deviation is £53,540 with Total Sold: 57
- The Last 5 Year average price is £185,833 with Total Sold: 6
- The most recent sale happened at this postcode is 9 SOMERSET AVENUE: £192,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 27 SOMERSET AVENUE: £56,000 (Sold on 07 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 4BW 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	£192,000	£1,685	1
2021	£207,500	£2,688	2
2020	£165,000	£2,500	1
2019	£171,500	£2,085	2
2018	£152,500	£2,313	2
2017	£165,000	£2,502	2
2016	£158,500	£1,986	2
2015	£171,083	£2,204	6
2014	£151,500	£2,276	3
2013	£162,333	£1,885	3
2010	£150,250	£2,084	2
2008	£131,000	£1,506	1
2007	£181,000	£2,507	2
2006	£172,965	£1,747	2
2005	£169,000	£1,657	1
2004	£143,500	£2,221	1
2003	£106,738	£1,456	4
2002	£72,000	£1,115	1
2001	£70,490	£863	5
2000	£60,800	£904	3
1999	£50,500	£711	2
1998	£54,000		1
1997	£49,500	£828	2
1996	£44,638	£618	4
1995	£50,500	£933	2

All the Sales in the SOMERSET AVENUE, LA1 4BW

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

Address	Sold Date	Price	% Change
9 SOMERSET AVENUESemi-Detached, FreeholdArea: 113.98 Sq.mtrAge: 1930-1949	31 May 2023	£192,000	106.45%
	04 Apr 2003	£93,000	First Sale
15 SOMERSET AVENUESemi-Detached, Freehold	30 Sep 2021	£200,000	33.33%
	07 Sep 2018	£150,000	263.64%
	22 Mar 1996	£41,250	-8.33%
	28 Sep 1995	£45,000	First Sale
33 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	20 Sep 2021	£215,000	32.31%
	17 Jun 2010	£162,500	First Sale
14 SOMERSET AVENUESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	11 Sep 2020	£165,000	First Sale
16 SOMERSET AVENUESemi-Detached, FreeholdArea: 64.6 Sq.mtrAge: 1950-1966	06 Dec 2019	£173,000	6.13%
	29 Jun 2015	£163,000	18.12%
	25 Jun 2010	£138,000	-3.83%
	21 Oct 2004	£143,500	99.31%
	22 Mar 2002	£72,000	34.58%
	24 Jul 1997	£53,500	First Sale
22 SOMERSET AVENUESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1930-1949	25 Oct 2019	£170,000	First Sale
20 SOMERSET AVENUESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	15 Jan 2018	£155,000	-3.12%
	24 Nov 2017	£160,000	-1.23%
	22 May 2015	£162,000	134.95%
	06 Apr 2001	£68,950	First Sale
26 SOMERSET AVENUESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-1949	14 Jul 2017	£170,000	209.09%
	04 Nov 1999	£55,000	20.09%
	19 Jul 1996	£45,800	First Sale
19 SOMERSET AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	22 Dec 2016	£163,000	171.67%
	02 Mar 2001	£60,000	First Sale
1 SOMERSET AVENUESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	01 Sep 2016	£154,000	17.56%
	19 May 2008	£131,000	70.13%
	30 Nov 2001	£77,000	First Sale
32 SOMERSET AVENUESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-1949	30 Nov 2015	£190,000	11.76%
	03 Jun 2013	£170,000	0.59%
	06 May 2005	£169,000	133.10%
	26 Apr 2001	£72,500	First Sale
23 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	09 Nov 2015	£173,000	-10.36%
	04 Sep 2007	£193,000	First Sale
30 SOMERSET AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	28 Jul 2015	£174,500	28.31%
	17 Dec 2014	£136,000	126.86%
	05 Dec 2000	£59,950	First Sale
4 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	15 May 2015	£164,000	285.88%
	21 Nov 1996	£42,500	First Sale
27 SOMERSET AVENUESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1930-1949	26 Nov 2014	£158,500	151.79%
	15 Dec 2000	£62,950	12.41%
	07 Apr 1995	£56,000	First Sale
37 SOMERSET AVENUESemi-Detached, FreeholdArea: 64.94 Sq.mtrAge: 1930-1949	25 Mar 2014	£160,000	-5.33%
	28 Feb 2007	£169,000	First Sale
29 SOMERSET AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	08 Nov 2013	£157,000	241.30%
	01 Mar 1999	£46,000	First Sale
8 SOMERSET AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	29 Jul 2013	£160,000	-0.58%
	27 Jan 2006	£160,930	First Sale
18 SOMERSET AVENUESemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1930-1949	12 Oct 2006	£185,000	First Sale
12 SOMERSET AVENUESemi-Detached, Freehold	12 Dec 2003	£124,000	30.60%
	24 Jan 2003	£94,950	108.68%
	07 Mar 1997	£45,500	First Sale
11 SOMERSET AVENUESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	29 Aug 2003	£115,000	First Sale
35 SOMERSET AVENUESemi-Detached, FreeholdArea: 84.1 Sq.mtrAge: 1950-1966	10 Aug 2001	£74,000	First Sale
5 SOMERSET AVENUESemi-Detached, Freehold	10 Nov 2000	£59,500	First Sale
10 SOMERSET AVENUESemi-Detached, Freehold	19 Jun 1998	£54,000	First Sale
25 SOMERSET AVENUESemi-Detached, Freehold	22 Nov 1996	£49,000	First Sale

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

SOMERSET AVENUE, LA1 4BW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £133,752 median price is £140,000 Standard Deviation is £65,181 with Total Sold: 1,168
- The Last 5 Year average price is £207,884 with Total Sold: 174
- 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 £107,671 median price is £101,000 Standard Deviation is £52,819 with Total Sold: 394
- The Last 5 Year average price is £122,601 with Total Sold: 83
- 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 £108,822 median price is £112,000 Standard Deviation is £59,463 with Total Sold: 3,418
- The Last 5 Year average price is £165,925 with Total Sold: 526
- 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 £529,315 median price is £226,500 Standard Deviation is £1,088,757 with Total Sold: 26
- The Last 5 Year average price is £691,250 with Total Sold: 14
- 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 £181,952 median price is £160,000 Standard Deviation is £126,874 with Total Sold: 89
- The Last 5 Year average price is £228,000 with Total Sold: 8
- 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	£236,346	£3,052	13
2023	£218,316	£2,702	23
2022	£236,718	£2,652	25
2021	£214,252	£2,359	53
2020	£185,672	£2,099	23
2019	£176,600	£2,095	37
2018	£173,451	£1,984	24
2017	£175,641	£2,070	47
2016	£175,068	£2,059	36
2015	£178,997	£2,139	39
2014	£162,385	£1,987	31
2013	£171,628	£1,936	32
2012	£162,829	£1,791	28
2011	£153,462	£1,701	30
2010	£148,389	£1,801	32
2009	£152,234	£1,794	38
2008	£154,026	£1,796	25
2007	£165,035	£1,814	56
2006	£153,611	£1,782	55
2005	£142,353	£1,587	45
2004	£142,759	£1,627	50
2003	£112,520	£1,224	60
2002	£79,579	£952	57
2001	£67,114	£834	53
2000	£65,228	£687	58
1999	£55,399	£649	40
1998	£55,706	£625	41
1997	£51,404	£589	30
1996	£50,185	£570	53
1995	£50,381	£578	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£74,250	£727	4
2023	£123,060	£2,025	30
2022	£130,714	£2,094	7
2021	£122,435	£2,030	10
2020	£140,624	£2,271	6
2019	£123,230	£2,087	26
2018	£142,595	£2,274	42
2017	£158,588	£2,469	72
2016	£98,389	£1,448	9
2015	£83,464	£1,368	14
2014	£102,083	£1,412	6
2013	£86,500	£1,457	4
2012	£82,750	£1,594	4
2011	£91,750	£1,322	4
2010	£94,333	£1,543	6
2009	£67,000	£1,740	1
2008	£99,190	£1,715	5
2007	£109,490	£1,969	21
2006	£107,391	£1,809	16
2005	£87,225	£1,517	4
2004	£103,914	£1,579	7
2003	£77,427	£1,282	11
2002	£56,397	£1,079	17
2001	£55,347	£911	19
2000	£47,264	£836	18
1999	£39,750	£637	6
1998	£37,000	£651	5
1997	£36,242	£650	6
1996	£36,180	£645	7
1995	£42,714	£744	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,348	£2,465	44
2023	£175,148	£2,252	77
2022	£176,918	£2,255	80
2021	£171,098	£2,047	123
2020	£151,266	£1,794	104
2019	£150,495	£1,817	98
2018	£142,330	£1,709	108
2017	£144,005	£1,748	121
2016	£152,480	£1,688	94
2015	£138,292	£1,727	119
2014	£138,341	£1,658	104
2013	£129,184	£1,631	89
2012	£139,980	£1,625	92
2011	£144,980	£1,696	74
2010	£128,639	£1,744	63
2009	£124,096	£1,572	93
2008	£135,994	£1,632	71
2007	£133,443	£1,682	165
2006	£124,874	£1,575	170
2005	£117,920	£1,531	113
2004	£116,635	£1,515	119
2003	£94,525	£1,191	118
2002	£67,901	£850	191
2001	£56,129	£703	189
2000	£50,639	£636	180
1999	£48,130	£588	111
1998	£46,472	£553	126
1997	£43,658	£531	147
1996	£44,860	£531	121
1995	£43,478	£531	114

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£195,000	£2,188	2
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	£238,500	£2,364	4
2020	£176,500	£2,261	2
2019	£152,000	£2,040	1
2018	£365,300	£2,355	5
2017	£228,375	£2,135	4
2016	£245,000	£2,518	1
2015	£213,100	£2,464	5
2013	£234,000	£1,968	1
2012	£277,500	£2,546	1
2011	£125,000	£1,858	1
2010	£177,500	£614	2
2009	£197,280	£1,812	5
2008	£170,000		1
2007	£221,917	£1,859	3
2006	£157,883	£1,923	6
2005	£204,583	£2,171	6
2004	£260,369	£1,884	8
2003	£155,833	£1,212	6
2002	£133,412	£1,053	8
2001	£57,833		3
2000	£97,000		2
1999	£59,333	£553	3
1998	£39,500		1
1997	£64,167	£735	3
1996	£60,000		2
1995	£87,000	£555	4

House Type in LA1 4BW area

The most common house types in the LA1 4BW postcode area are Semi-detached (86), Terraced (31), and Flat (1).

Total	119
Semi-detached	86
Terraced	31
Flat	1
commercial building	1
Detached	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (41), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	41
Owned: Owns outright	40
Private rented: Private landlord or letting agency	31
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 4BW have 1 person in household (33), and 2 people in household (32).

1 person in household	33
2 people in household	32
4 people in household	30
3 people in household	19
6 people in household	4
5 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0