Housing Market Analysis for CHESTNUT GROVE, LA1 5RN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £95,000 median price is £95,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 CHESTNUT GROVE: £95,000 (Sold on 15 Jul 2016)
    • The first recorded sale happened at this postcode is 7 CHESTNUT GROVE: £95,000 (Sold on 15 Jul 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average LA1 5RN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£95,000 £1,301 1

All the Sales in the CHESTNUT GROVE, LA1 5RN

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

AddressSold DatePrice% Change
7 CHESTNUT GROVETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196615 Jul 2016£95,000First Sale

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

CHESTNUT GROVE, LA1 5RN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £106,385 median price is £100,000 Standard Deviation is £65,570 with Total Sold: 2,152
    • The Last 5 Year average price is £159,200 with Total Sold: 366
    • 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 £243,717 median price is £245,000 Standard Deviation is £110,065 with Total Sold: 348
    • The Last 5 Year average price is £315,663 with Total Sold: 70
    • 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 , 111 WESTBOURNE ROAD: £85,000 (Sold on 13 Mar 1995)
  • Semi-Detached
    • The average price is around £129,389 median price is £124,250 Standard Deviation is £85,362 with Total Sold: 722
    • The Last 5 Year average price is £200,044 with Total Sold: 132
    • 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 £98,336 median price is £99,995 Standard Deviation is £47,059 with Total Sold: 365
    • The Last 5 Year average price is £134,146 with Total Sold: 66
    • The most recent sale happened at this postcode is FLAT G, 7 NEW QUAY ROAD: £141,000 (Sold on 23 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 £195,448 median price is £150,000 Standard Deviation is £169,300 with Total Sold: 29
    • The Last 5 Year average price is £129,558 with Total Sold: 19
    • 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 , UNIT 34 LUNE INDUSTRIAL ESTATE: £270,000 (Sold on 30 Sep 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,406 £2,342 24
2023£158,674 £2,202 59
2022£188,920 £2,206 72
2021£153,966 £1,857 79
2020£147,533 £1,930 70
2019£142,628 £1,740 62
2018£139,899 £1,771 98
2017£147,766 £1,829 77
2016£153,631 £1,682 101
2015£149,322 £1,712 101
2014£137,456 £1,637 61
2013£124,274 £1,648 56
2012£133,840 £1,686 49
2011£113,626 £1,450 44
2010£122,531 £1,539 44
2009£111,016 £1,516 35
2008£113,320 £1,479 43
2007£116,860 £1,539 81
2006£120,172 £1,588 84
2005£111,740 £1,477 74
2004£105,844 £1,368 81
2003£75,813 £996 113
2002£56,052 £791 100
2001£49,989 £625 104
2000£45,853 £615 95
1999£40,689 £571 86
1998£41,154 £579 72
1997£38,529 £564 79
1996£40,199 £569 71
1995£39,047 £486 37
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,1254
2023£362,250 £3,042 10
2022£373,579 £2,925 12
2021£308,737 £2,670 19
2020£286,624 £2,435 20
2019£264,798 £2,436 5
2018£263,476 £2,332 34
2017£254,460 £2,314 33
2016£265,814 £2,342 33
2015£265,741 £2,280 21
2014£253,037 £2,349 26
2013£295,700 £1,892 10
2012£191,667 £1,432 3
2011£216,214 £2,492 7
2010£235,250 £2,163 4
2009£437,667 £1,739 3
2008£270,000 £1,805 1
2007£328,188 £2,163 8
2006£260,454 £1,995 12
2005£247,300 £1,430 5
2004£217,121 £1,643 12
2003£192,062 £1,473 13
2002£128,744 £1,013 8
2001£88,139 £741 9
2000£102,938 £931 8
1999£87,062 £665 6
1998£84,357 £548 7
1997£67,625 £721 4
1996£66,421 £767 7
1995£69,000 £636 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,421 £2,132 7
2023£228,288 £2,414 16
2022£244,028 £2,496 23
2021£186,582 £2,319 28
2020£164,078 £1,890 19
2019£176,714 £1,948 39
2018£168,797 £2,028 35
2017£177,273 £1,989 31
2016£174,117 £2,027 25
2015£154,013 £2,016 30
2014£167,362 £1,946 26
2013£150,833 £1,820 18
2012£132,022 £1,807 23
2011£141,250 £1,666 18
2010£143,079 £1,575 23
2009£130,250 £1,491 14
2008£136,245 £1,369 10
2007£184,195 £1,724 19
2006£127,227 £1,578 26
2005£124,344 £1,424 38
2004£108,622 £1,347 20
2003£85,709 £947 29
2002£71,065 £816 33
2001£61,233 £667 32
2000£47,861 £580 27
1999£58,730 £661 25
1998£48,657 £534 29
1997£51,297 £642 26
1996£46,594 £583 25
1995£43,569 £578 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£139,8336
2023£128,250 £2,560 8
2022£152,600 £2,616 14
2021£118,767 £2,056 15
2020£124,281 £2,163 8
2019£138,433 £2,220 15
2018£120,539 £2,111 24
2017£117,957 £1,986 26
2016£118,203 £2,239 17
2015£124,873 £2,573 5
2014£115,022 £2,080 18
2013£137,083 £2,012 6
2011£92,564 £1,887 11
2010£104,667 £1,770 6
2009£82,500 £1,909 5
2008£86,306 £1,767 9
2007£123,093 £2,262 15
2006£99,528 £2,105 18
2005£114,758 £1,751 13
2004£136,488 £2,070 17
2003£105,859 £1,649 16
2002£44,313 £1,050 15
2001£38,082 £922 11
2000£33,786 £662 7
1999£34,679 £832 7
1998£36,940 £790 10
1997£38,228 £944 32
1996£39,006 £762 9
1995£33,250 £606 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£289,500 £3,341 5
2021£77,200 £1,471 9
2020£44,767 £759 3
2019£92,500 £65 2
2018£310,8333
2017£296,952 £6,148 2
2016£550,0001
2015£340,0002
2014£225,0002

House Type in LA1 5RN area

The most common house types in the LA1 5RN postcode area are Terraced (73), Semi-detached (53), and Detached (7).

Total136
Terraced73
Semi-detached53
Detached7
Flat2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (76), and Private rented: Private landlord or letting agency (18).

Social rented: Rents from council or Local Authority76
Private rented: Private landlord or letting agency18
Owned: Owns outright17
Owned: Owns with a mortgage or loan17
Social rented: Other social rented7
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LA1 5RN have 2 people in household (47), and 1 person in household (40).

2 people in household47
1 person in household40
3 people in household25
4 people in household13
5 people in household9
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0