Housing Market Analysis for LAUREL BANK, LA1 5LN

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

Overview of Sold House prices

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

Flat
- The average price is around £143,667 median price is £150,000 Standard Deviation is £62,430 with Total Sold: 9
- The Last 5 Year average price is £217,667 with Total Sold: 3
- The most recent sale happened at this postcode is 3A LAUREL BANK: £225,000 (Sold on 16 Dec 2022)
- The first recorded sale happened at this postcode is 3B LAUREL BANK: £165,000 (Sold on 01 Mar 2005)
Terraced
- The average price is around £324,259 median price is £315,000 Standard Deviation is £171,051 with Total Sold: 11
- The most recent sale happened at this postcode is 5 LAUREL BANK: £630,000 (Sold on 21 Nov 2018)
- The first recorded sale happened at this postcode is 4 LAUREL BANK: £121,000 (Sold on 09 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 5LN 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£222,500	£2,495	2
2019	£208,000	£2,419	1
2016	£150,000	£1,622	1
2006	£102,500	£1,297	2
2005	£95,000	£1,284	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£630,000	£1,707	1
2013	£499,950	£1,381	1
2012	£457,597	£2,022	2
2005	£315,000		1
2004	£423,200		1
2002	£147,500		1
2001	£190,000	£515	1
1999	£160,000	£442	1
1998	£165,000	£607	1
1996	£121,000	£334	1

All the Sales in the LAUREL BANK, LA1 5LN

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

Address	Sold Date	Price	% Change
3A LAUREL BANKFlat, LeaseholdArea: 92.5 Sq.mtrAge: before 1900	16 Dec 2022	£225,000	50.00%
	03 Oct 2016	£150,000	25.00%
	13 Nov 2006	£120,000	100.00%
	01 Mar 2005	£60,000	First Sale
3B LAUREL BANKFlat, LeaseholdArea: 86 Sq.mtrAge: 1900-1929	13 Dec 2022	£220,000	5.77%
	05 Jun 2019	£208,000	26.06%
	01 Mar 2005	£165,000	First Sale
5 LAUREL BANKTerraced, FreeholdArea: 369 Sq.mtrAge: before 1900	21 Nov 2018	£630,000	231.58%
	20 Dec 2001	£190,000	First Sale
4 LAUREL BANKTerraced, FreeholdArea: 362 Sq.mtrAge: before 1900	17 Sep 2013	£499,950	212.47%
	29 Mar 1999	£160,000	32.23%
	09 Aug 1996	£121,000	First Sale
7 LAUREL BANKTerraced, FreeholdArea: 272 Sq.mtrAge: before 1900	12 Dec 2012	£525,194	218.30%
	09 Oct 1998	£165,000	First Sale
6 LAUREL BANKTerraced, FreeholdArea: 184.5 Sq.mtrAge: 1900-1929	20 Jul 2012	£390,000	First Sale
3C LAUREL BANKFlat, Leasehold	13 Sep 2006	£85,000	41.67%
3C LAUREL BANKFlat, Leasehold	01 Mar 2005	£60,000	First Sale
2 LAUREL BANKTerraced, Freehold	11 Oct 2005	£315,000	113.56%
2 LAUREL BANKTerraced, Freehold	02 Jul 2002	£147,500	First Sale
1 LAUREL BANKTerraced, Freehold	28 Apr 2004	£423,200	First Sale

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

LAUREL BANK, LA1 5LN Near By properties

Interactive Map

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

Terraced
- The average price is around £104,637 median price is £100,000 Standard Deviation is £64,097 with Total Sold: 1,559
- The Last 5 Year average price is £162,394 with Total Sold: 262
- The most recent sale happened at this postcode is , 6 ST LUKES COURT: £180,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 10 FOREST PARK: £44,000 (Sold on 10 Jan 1995)
Detached
- The average price is around £194,491 median price is £182,500 Standard Deviation is £121,094 with Total Sold: 435
- The Last 5 Year average price is £330,316 with Total Sold: 55
- The most recent sale happened at this postcode is , 195 WILLOW LANE: £125,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 10 PIERCE CLOSE: £79,000 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £127,530 median price is £120,000 Standard Deviation is £90,451 with Total Sold: 602
- The Last 5 Year average price is £211,107 with Total Sold: 93
- The most recent sale happened at this postcode is , 8 LABURNUM GROVE: £129,950 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 114 WESTBOURNE ROAD: £48,000 (Sold on 22 Feb 1995)
Flat
- The average price is around £94,476 median price is £85,000 Standard Deviation is £49,545 with Total Sold: 243
- The Last 5 Year average price is £130,696 with Total Sold: 38
- The most recent sale happened at this postcode is 11, CASTLE COURT WEST ROAD: £120,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is 8, CASTLE COURT WEST ROAD: £33,000 (Sold on 22 Mar 1995)
Other
- The average price is around £230,700 median price is £180,000 Standard Deviation is £149,555 with Total Sold: 14
- The Last 5 Year average price is £228,000 with Total Sold: 9
- The most recent sale happened at this postcode is , SPAR STORES WILLOW LANE: £450,000 (Sold on 04 Nov 2022)
- The first recorded sale happened at this postcode is , 46 LUNE INDUSTRIAL ESTATE: £180,000 (Sold on 05 May 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£154,559	£2,247	17
2023	£168,567	£2,252	41
2022	£185,020	£2,165	57
2021	£162,640	£1,938	62
2020	£146,598	£1,798	43
2019	£144,643	£1,727	42
2018	£152,556	£1,703	53
2017	£120,407	£1,555	36
2016	£137,606	£1,591	49
2015	£121,103	£1,523	57
2014	£128,775	£1,567	40
2013	£130,321	£1,604	50
2012	£147,445	£1,588	34
2011	£116,895	£1,445	41
2010	£127,153	£1,535	35
2009	£111,477	£1,393	31
2008	£118,607	£1,416	35
2007	£119,165	£1,482	67
2006	£131,050	£1,514	60
2005	£118,853	£1,443	58
2004	£113,767	£1,352	70
2003	£80,430	£974	87
2002	£60,522	£743	78
2001	£52,694	£581	81
2000	£47,661	£584	83
1999	£42,849	£527	69
1998	£42,941	£497	47
1997	£38,130	£464	56
1996	£41,515	£463	44
1995	£38,972	£496	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,600		5
2023	£371,167	£2,988	9
2022	£375,595	£3,009	10
2021	£311,663	£2,781	15
2020	£373,143	£2,576	7
2019	£265,111	£2,369	9
2018	£314,468	£2,545	11
2017	£264,035	£2,470	16
2016	£233,733	£2,400	15
2015	£220,790	£2,316	10
2014	£243,077	£2,469	15
2013	£277,654	£1,956	13
2012	£193,700	£1,888	5
2011	£225,396	£2,432	12
2010	£238,115	£2,196	13
2009	£339,812	£2,012	8
2008	£223,719	£2,090	8
2007	£279,115	£2,212	13
2006	£230,259	£2,050	22
2005	£226,667	£1,819	18
2004	£211,973	£1,789	22
2003	£176,730	£1,505	23
2002	£124,515	£970	13
2001	£89,875	£873	26
2000	£99,334	£976	16
1999	£80,626	£831	18
1998	£81,876	£772	29
1997	£68,069	£655	18
1996	£66,035	£783	23
1995	£68,385	£759	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,390	£2,132	5
2023	£229,055	£2,213	11
2022	£255,864	£2,534	21
2021	£188,782	£2,267	19
2020	£173,964	£1,749	14
2019	£186,996	£1,814	23
2018	£176,667	£1,639	16
2017	£187,321	£1,675	14
2016	£167,298	£1,967	20
2015	£151,125	£1,761	12
2014	£167,594	£1,787	16
2013	£156,094	£1,780	16
2012	£138,921	£1,866	19
2011	£148,969	£1,713	16
2010	£153,812	£1,657	24
2009	£133,731	£1,496	13
2008	£145,132	£1,469	11
2007	£193,567	£1,684	18
2006	£135,216	£1,580	25
2005	£132,636	£1,440	41
2004	£126,215	£1,464	25
2003	£89,138	£930	29
2002	£73,657	£794	30
2001	£65,967	£672	32
2000	£55,586	£615	32
1999	£61,148	£604	22
1998	£48,824	£523	28
1997	£54,208	£476	18
1996	£46,836	£567	24
1995	£43,569	£578	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,250		2
2023	£127,667	£2,554	6
2022	£154,564	£2,484	7
2021	£113,571	£1,902	7
2020	£110,500	£1,833	4
2019	£138,083	£2,229	12
2018	£121,700	£1,976	5
2017	£113,000	£1,956	7
2016	£106,357	£1,976	7
2015	£115,125	£2,344	4
2014	£114,931	£2,082	8
2013	£137,083	£2,012	6
2011	£93,411	£1,900	9
2010	£104,667	£1,770	6
2009	£82,500	£1,909	5
2008	£83,344	£1,767	8
2007	£131,945	£2,259	11
2006	£101,033	£2,147	15
2005	£116,821	£1,720	12
2004	£140,334	£2,110	16
2003	£108,150	£1,649	15
2002	£46,733	£1,103	12
2001	£37,994	£953	8
2000	£45,000	£642	2
1999	£35,600	£865	5
1998	£37,822	£806	9
1997	£39,400	£995	27
1996	£41,507	£783	7
1995	£33,000	£606	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£335,000	£3,692	4
2021	£159,000	£6,378	3
2020	£55,000		1
2019	£180,000		1
2018	£295,683		3
2017	£110,750		1
2015	£180,000		1

House Type in LA1 5LN area

The most common house types in the LA1 5LN postcode area are Semi-detached (55), Terraced (45), and Detached (18).

Total	122
Semi-detached	55
Terraced	45
Detached	18
Shared house	4
Flat	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 (54), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA1 5LN have 1 person in household (35), and 2 people in household (29).

1 person in household	35
2 people in household	29
4 people in household	26
3 people in household	17
5 people in household	11
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0