Housing Market Analysis for PALMASTON CLOSE, LA1 5BS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £200,000 median price is £200,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PALMASTON CLOSE: £200,000 (Sold on 20 Dec 1996)
    • The first recorded sale happened at this postcode is 1 PALMASTON CLOSE: £200,000 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 5BS 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£200,0001

All the Sales in the PALMASTON CLOSE, LA1 5BS

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

AddressSold DatePrice% Change
1 PALMASTON CLOSEDetached, Freehold20 Dec 1996£200,000First Sale

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

PALMASTON CLOSE, LA1 5BS Near By properties

Interactive Map

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

  • Flat
    • The average price is around £100,110 median price is £87,500 Standard Deviation is £57,643 with Total Sold: 608
    • The Last 5 Year average price is £113,499 with Total Sold: 105
    • 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)
  • Semi-Detached
    • The average price is around £137,844 median price is £128,225 Standard Deviation is £92,198 with Total Sold: 276
    • The Last 5 Year average price is £240,250 with Total Sold: 36
    • The most recent sale happened at this postcode is , 90 GREAVES ROAD: £247,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 SULBY DRIVE: £37,500 (Sold on 16 Feb 1995)
  • Terraced
    • The average price is around £124,800 median price is £115,250 Standard Deviation is £83,132 with Total Sold: 1,085
    • The Last 5 Year average price is £191,001 with Total Sold: 156
    • The most recent sale happened at this postcode is , 35 WEST STREET: £230,100 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 BRIDGE ROAD: £50,500 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £344,386 median price is £277,500 Standard Deviation is £279,182 with Total Sold: 234
    • The Last 5 Year average price is £608,983 with Total Sold: 30
    • The most recent sale happened at this postcode is , HUNTERS MOON HAVERBREAKS ROAD: £700,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , THE HOLLIES HAVERBREAKS ROAD: £135,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £295,613 median price is £213,000 Standard Deviation is £275,561 with Total Sold: 15
    • The Last 5 Year average price is £180,500 with Total Sold: 7
    • The most recent sale happened at this postcode is , 1 THE HASTINGS SCOTFORTH ROAD: £1,000 (Sold on 12 Aug 2022)
    • The first recorded sale happened at this postcode is , 142 GREAVES ROAD: £919,997 (Sold on 17 Jan 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,375 £1,076 8
2023£115,977 £1,995 29
2022£120,357 £2,230 14
2021£114,779 £1,858 12
2020£115,194 £1,920 9
2019£111,636 £1,964 33
2018£130,605 £2,155 59
2017£150,602 £2,380 79
2016£105,294 £1,608 17
2015£83,132 £1,339 30
2014£106,356 £1,542 19
2013£91,071 £1,577 7
2012£79,857 £1,703 7
2011£131,158 £1,951 6
2010£83,272 £1,569 9
2009£85,875 £1,700 6
2008£98,125 £1,859 4
2007£115,083 £1,986 18
2006£103,935 £1,808 27
2005£98,300 £1,845 10
2004£135,577 £1,738 24
2003£86,538 £1,524 26
2002£71,795 £1,219 49
2001£45,862 £954 20
2000£41,313 £812 22
1999£45,881 £869 29
1998£38,155 £828 19
1997£37,625 £668 4
1996£37,252 £717 6
1995£43,750 £736 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,7504
2023£165,000 £2,324 1
2022£273,600 £2,409 5
2021£215,900 £2,520 10
2020£243,688 £2,260 8
2019£231,062 £2,098 8
2018£152,000 £1,816 2
2017£176,962 £2,058 13
2016£273,488 £2,421 4
2015£159,333 £2,067 3
2014£194,119 £2,153 8
2013£168,917 £1,856 6
2012£210,250 £1,674 4
2011£145,490 £1,778 5
2010£170,035 £1,882 11
2009£173,939 £1,903 9
2008£147,275 £1,901 6
2007£153,922 £1,823 16
2006£154,818 £1,667 17
2005£156,178 £1,536 18
2004£139,662 £1,542 12
2003£105,889 £1,190 14
2002£83,667 £912 17
2001£57,239 £694 9
2000£66,154 £756 13
1999£71,195 £674 10
1998£53,433 £565 12
1997£61,714 £649 7
1996£46,747 £586 16
1995£46,280 £578 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,133 £2,145 12
2023£210,481 £2,309 29
2022£210,750 £2,269 22
2021£191,694 £1,984 27
2020£180,039 £1,846 32
2019£158,266 £1,824 34
2018£215,701 £2,115 29
2017£190,473 £1,813 32
2016£193,107 £1,853 35
2015£178,333 £1,776 43
2014£164,726 £1,614 36
2013£134,087 £1,656 26
2012£173,148 £1,677 27
2011£188,932 £1,727 22
2010£157,292 £1,661 20
2009£135,452 £1,451 22
2008£155,248 £1,718 28
2007£156,871 £1,707 46
2006£128,184 £1,565 56
2005£118,789 £1,354 33
2004£133,827 £1,512 37
2003£107,468 £1,245 36
2002£80,492 £907 61
2001£61,708 £704 66
2000£54,112 £622 61
1999£60,273 £585 36
1998£50,606 £528 52
1997£48,247 £501 49
1996£45,050 £522 41
1995£48,090 £525 35
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£900,0002
2023£808,750 £3,156 4
2022£1,072,500 £4,031 4
2021£550,857 £3,095 7
2020£426,125 £2,727 8
2019£335,900 £3,228 5
2018£448,056 £2,626 9
2017£449,333 £2,601 12
2016£478,889 £2,733 9
2015£362,429 £2,326 7
2014£438,738 £2,802 4
2013£487,286 £2,205 7
2012£512,000 £2,591 5
2011£430,986 £2,707 8
2010£515,000 £2,602 4
2009£363,818 £2,190 11
2008£417,5502
2007£379,650 £3,211 5
2006£326,214 £2,051 14
2005£366,278 £1,528 9
2004£280,421 £1,934 7
2003£331,438 £1,590 8
2002£181,621 £1,046 7
2001£166,429 £1,276 14
2000£151,083 £1,022 6
1999£177,950 £867 11
1998£170,875 £969 8
1997£131,545 £861 11
1996£178,375 £920 18
1995£138,512 £781 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,000 £13 1
2021£215,750 £2,232 2
2020£227,000 £2,251 3
2019£150,0001
2018£358,000 £942 3
2017£370,900 £9,736 3
2015£64,000 £1,164 1
2014£919,9971

House Type in LA1 5BS area

The most common house types in the LA1 5BS postcode area are Detached (35), Flat (35), and Terraced (16).

Total95
Detached35
Flat35
Terraced16
Semi-detached7
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Social rented: Rents from council or Local Authority (33).

Owned: Owns outright34
Social rented: Rents from council or Local Authority33
Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership3
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LA1 5BS have 1 person in household (49), and 2 people in household (21).

1 person in household49
2 people in household21
4 people in household11
3 people in household9
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0