Housing Market Analysis for ROYAL ALBERT COTTAGES, LA1 5AL

Are you looking to understand LA1 5AL 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 5AL area, explore the LA1 5AL Area information page.
For comprehensive crime statistics in the LA1 5AL area, explore the LA1 5AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA1 5AL postcode area, The average prices are as follows,

Terraced
- The average price is around £154,180 median price is £195,000 Standard Deviation is £82,057 with Total Sold: 15
- The Last 5 Year average price is £271,500 with Total Sold: 2
- The most recent sale happened at this postcode is 2, ROYAL ALBERT COTTAGES ASHTON ROAD: £283,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 12 ROYAL ALBERT COTTAGES: £57,950 (Sold on 05 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 5AL 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	£283,000	£3,216	1
2021	£260,000	£3,023	1
2017	£217,500	£2,442	2
2010	£196,000	£2,279	1
2008	£208,000		1
2005	£192,500	£2,201	2
2004	£198,000		1
2000	£57,950	£661	6

All the Sales in the ROYAL ALBERT COTTAGES, LA1 5AL

See the table below for more details on the sold house prices in the LA1 5AL, Lancaster postcode.

Address	Sold Date	Price	% Change
2, ROYAL ALBERT COTTAGES ASHTON ROADTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	14 Apr 2022	£283,000	First Sale
4, ROYAL ALBERT COTTAGES ASHTON ROADTerraced, FreeholdArea: 86 Sq.mtrAge: before 1900	13 Aug 2021	£260,000	23.81%
	01 Dec 2017	£210,000	7.14%
	30 Apr 2010	£196,000	First Sale
8, ROYAL ALBERT COTTAGES ASHTON ROADTerraced, Freehold	11 Sep 2017	£225,000	First Sale
8 ROYAL ALBERT COTTAGESTerraced, Freehold	25 Sep 2008	£208,000	258.93%
8 ROYAL ALBERT COTTAGESTerraced, Freehold	16 Jun 2000	£57,950	First Sale
4 ROYAL ALBERT COTTAGESTerraced, FreeholdArea: 86 Sq.mtrAge: before 1900	16 Jun 2005	£195,000	236.50%
	30 May 2000	£57,950	First Sale
12 ROYAL ALBERT COTTAGESTerraced, FreeholdArea: 89 Sq.mtrAge: before 1900	01 Jun 2005	£190,000	227.87%
	05 May 2000	£57,950	First Sale
10 ROYAL ALBERT COTTAGESTerraced, Freehold	08 Jun 2004	£198,000	241.67%
10 ROYAL ALBERT COTTAGESTerraced, Freehold	31 Aug 2000	£57,950	First Sale
2 ROYAL ALBERT COTTAGESTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	06 Oct 2000	£57,950	First Sale
6 ROYAL ALBERT COTTAGESTerraced, Freehold	16 Jun 2000	£57,950	First Sale

Check out the sold house prices near the LA1 5AL postcode. Properties currently for saleProperties currently for rent

ROYAL ALBERT COTTAGES, LA1 5AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA1 5AL 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 5AL postcode.

Terraced
- The average price is around £102,713 median price is £105,000 Standard Deviation is £50,676 with Total Sold: 469
- The Last 5 Year average price is £154,873 with Total Sold: 65
- The most recent sale happened at this postcode is , 94 DORRINGTON ROAD: £155,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 41 DORRINGTON ROAD: £38,000 (Sold on 28 Apr 1995)
Flat
- The average price is around £124,333 median price is £111,000 Standard Deviation is £53,965 with Total Sold: 208
- The Last 5 Year average price is £141,740 with Total Sold: 29
- The most recent sale happened at this postcode is 4, STOREY HALL ASHTON ROAD: £150,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 7 PARK COURT: £37,500 (Sold on 26 Sep 1997)
Detached
- The average price is around £284,654 median price is £242,000 Standard Deviation is £138,602 with Total Sold: 345
- The Last 5 Year average price is £466,450 with Total Sold: 33
- The most recent sale happened at this postcode is , 15 SHAFTESBURY PLACE: £475,000 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is , 10 SHAFTESBURY PLACE: £92,000 (Sold on 10 Aug 1995)
Semi-Detached
- The average price is around £155,917 median price is £136,000 Standard Deviation is £92,279 with Total Sold: 213
- The Last 5 Year average price is £261,191 with Total Sold: 29
- The most recent sale happened at this postcode is , 4 ROSSMOYNE ROAD: £315,000 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is , 14 ST PAULS DRIVE: £64,000 (Sold on 12 May 1995)
Other
- The average price is around £556,322 median price is £240,500 Standard Deviation is £590,802 with Total Sold: 6
- The Last 5 Year average price is £647,587 with Total Sold: 5
- The most recent sale happened at this postcode is , SOUTH LODGE PICCADILLY: £156,000 (Sold on 18 Jan 2023)
- The first recorded sale happened at this postcode is , STOREY HOME ASHTON ROAD: £100,000 (Sold on 01 Dec 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000	£2,037	5
2023	£157,333	£2,041	6
2022	£181,786	£2,414	7
2021	£160,621	£2,110	19
2020	£160,714	£1,971	7
2019	£132,069	£1,979	21
2018	£114,522	£1,687	14
2017	£153,333	£1,904	15
2016	£136,773	£1,764	11
2015	£125,519	£1,729	8
2014	£127,324	£1,643	19
2013	£137,477	£1,681	11
2012	£135,494	£1,752	9
2011	£112,275	£1,609	8
2010	£133,059	£1,646	13
2009	£119,231	£1,734	13
2008	£127,171	£1,674	17
2007	£121,625	£1,643	20
2006	£119,303	£1,574	18
2005	£130,257	£1,673	22
2004	£117,367	£1,493	23
2003	£81,416	£1,138	20
2002	£63,860	£831	38
2001	£67,498	£858	24
2000	£46,767	£624	27
1999	£44,574	£571	19
1998	£39,146	£568	12
1997	£43,152	£524	24
1996	£40,150	£550	13
1995	£41,042	£549	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		2
2023	£185,600	£2,332	5
2022	£149,700	£1,978	5
2021	£155,636	£1,942	7
2020	£113,500	£1,958	2
2019	£98,438	£1,622	8
2018	£139,975	£1,722	12
2017	£110,000	£1,627	6
2016	£157,833	£1,950	6
2015	£86,664	£1,184	27
2014	£222,252	£2,177	5
2013	£110,000	£1,070	3
2012	£97,500	£1,598	1
2011	£172,483	£1,874	3
2010	£146,667	£2,131	3
2009	£132,667	£1,705	3
2008	£105,000	£1,591	1
2007	£177,583	£2,017	6
2006	£149,207	£2,208	7
2005	£154,667	£1,779	6
2004	£168,240	£1,862	10
2003	£118,553	£1,706	16
2002	£106,570	£1,329	48
2001	£98,304	£1,144	13
1999	£38,500	£712	2
1997	£37,500	£693	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£477,500		2
2023	£539,156	£3,638	8
2022	£625,050	£2,959	2
2021	£502,583	£2,491	6
2020	£411,500	£2,814	5
2019	£380,150	£2,428	10
2018	£377,579	£2,607	12
2017	£393,273	£2,344	11
2016	£372,000	£2,856	6
2015	£448,250	£2,304	6
2014	£351,779	£2,565	7
2013	£459,864	£2,398	11
2012	£372,900	£2,391	5
2011	£382,000	£1,801	4
2010	£348,300	£2,353	15
2009	£362,556	£2,002	9
2008	£336,700	£2,025	10
2007	£351,535	£2,372	13
2006	£355,278	£2,096	11
2005	£305,625	£2,217	4
2004	£251,176	£1,690	11
2003	£237,145	£1,367	44
2002	£201,507	£1,330	43
2001	£174,621	£1,283	18
2000	£163,610	£1,123	24
1999	£183,934	£1,242	17
1998	£159,500	£913	4
1997	£120,377	£883	11
1996	£163,517	£984	15
1995	£92,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000		1
2023	£339,167	£3,334	3
2022	£252,110	£2,770	5
2021	£271,143	£2,580	7
2020	£218,786	£2,362	7
2019	£258,667	£2,161	6
2018	£256,318	£2,320	11
2017	£168,125	£1,840	4
2016	£203,100	£2,163	5
2015	£157,000	£2,122	4
2014	£210,744	£2,112	8
2013	£250,252	£1,746	3
2012	£131,917	£1,650	6
2011	£187,494	£1,949	8
2010	£128,750	£1,262	4
2009	£168,400	£1,604	5
2008	£186,790	£1,850	5
2007	£177,964	£1,933	7
2006	£169,454	£1,722	13
2005	£143,889	£1,691	9
2004	£177,075	£2,028	6
2003	£134,331	£1,026	18
2002	£110,175	£788	10
2001	£69,991	£912	19
2000	£91,207	£695	7
1999	£70,833	£762	6
1998	£72,667	£495	6
1997	£67,458	£631	6
1996	£63,906	£532	8
1995	£68,333	£632	6

House Type: Other

Year	Avg. Price	Sold
2023	£156,000	1
2021	£955,468	2
2020	£321,000	1
2019	£850,000	1
2017	£100,000	1

House Type in LA1 5AL area

The most common house types in the LA1 5AL postcode area are Flat (38), Detached (32), and Terraced (19).

Total	91
Flat	38
Detached	32
Terraced	19
Semi-detached	2
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 (45), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright	45
Owned: Owns with a mortgage or loan	27
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	4
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 5AL have 1 person in household (37), and 2 people in household (32).

1 person in household	37
2 people in household	32
4 people in household	14
3 people in household	7
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