Housing Market Analysis for RAILWAY PLACE, LA2 0BU

Are you looking to understand LA2 0BU 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 LA2 0BU area, explore the LA2 0BU Area information page.
For comprehensive crime statistics in the LA2 0BU area, explore the LA2 0BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA2 0BU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £81,661 median price is £65,000 Standard Deviation is £45,461 with Total Sold: 9
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 RAILWAY PLACE: £120,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is 3 RAILWAY PLACE: £35,000 (Sold on 18 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LA2 0BU 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
2024£120,0001
2015£170,000 £2,152 1
2013£111,000 £2,362 1
2009£110,000 £2,391 1
2003£65,000 £823 1
2002£56,000 £1,191 1
2000£34,9501
1998£33,0001
1996£35,0001

All the Sales in the RAILWAY PLACE, LA2 0BU

See the table below for more details on the sold house prices in the LA2 0BU, Lancaster postcode.

AddressSold DatePrice% Change
4 RAILWAY PLACETerraced, Freehold23 Apr 2024£120,0009.09%
19 Aug 2009£110,000First Sale
6 RAILWAY PLACETerraced, FreeholdArea: 79 Sq.mtrAge: before 190020 Feb 2015£170,000161.54%
12 Jun 2003£65,000First Sale
2 RAILWAY PLACETerraced, FreeholdArea: 47 Sq.mtrAge: before 190004 Jul 2013£111,00098.21%
01 Nov 2002£56,000First Sale
5 RAILWAY PLACETerraced, Freehold24 Nov 2000£34,9505.91%
27 Nov 1998£33,000First Sale
3 RAILWAY PLACETerraced, Freehold18 Oct 1996£35,000First Sale

Check out the sold house prices near the LA2 0BU postcode. Properties currently for saleProperties currently for rent

RAILWAY PLACE, LA2 0BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA2 0BU 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 LA2 0BU postcode.

  • Detached
    • The average price is around £199,396 median price is £199,950 Standard Deviation is £81,947 with Total Sold: 25
    • The Last 5 Year average price is £225,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 QUERNMORE DRIVE: £210,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 PENNINE VIEW: £97,000 (Sold on 10 Oct 1996)
  • Terraced
    • The average price is around £90,896 median price is £90,000 Standard Deviation is £43,220 with Total Sold: 52
    • The Last 5 Year average price is £140,893 with Total Sold: 7
    • The most recent sale happened at this postcode is , 4 RAILWAY PLACE: £120,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , 34 TITHEBARN HILL: £46,750 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £126,524 median price is £131,500 Standard Deviation is £57,305 with Total Sold: 48
    • The Last 5 Year average price is £172,857 with Total Sold: 7
    • The most recent sale happened at this postcode is , 12 TEN ROW: £173,000 (Sold on 31 May 2022)
    • The first recorded sale happened at this postcode is , 1 NORFOLK TERRACE: £66,000 (Sold on 19 Apr 1996)
  • Flat
    • The average price is around £90,379 median price is £73,750 Standard Deviation is £53,280 with Total Sold: 14
    • The Last 5 Year average price is £78,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, PENNINE COURT TITHEBARN HILL: £78,500 (Sold on 12 Feb 2021)
    • The first recorded sale happened at this postcode is 2, PENNINE COURT TITHEBARN HILL: £20,000 (Sold on 03 Jul 2000)
  • Other
    • 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 , VICTORIA INN : £200,000 (Sold on 22 Apr 2016)
    • The first recorded sale happened at this postcode is , VICTORIA INN : £200,000 (Sold on 22 Apr 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2019£232,500 £2,697 2
2018£245,500 £2,212 1
2013£230,000 £1,226 1
2012£155,000 £1,742 1
2011£150,0001
2010£276,000 £2,178 1
2009£199,950 £2,739 1
2007£337,167 £1,899 3
2006£170,000 £1,910 1
2005£262,5002
2004£169,000 £1,899 1
2002£240,0001
2000£148,750 £779 2
1997£109,612 £640 4
1996£101,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2023£150,000 £1,833 1
2022£172,500 £3,320 2
2021£138,250 £1,108 1
2020£123,000 £2,929 1
2019£110,000 £1,486 1
2018£120,400 £1,409 5
2016£108,750 £1,701 2
2015£170,000 £2,152 1
2014£127,000 £2,486 2
2013£145,500 £2,014 2
2012£130,000 £2,203 1
2009£110,000 £2,391 1
2008£105,0001
2007£103,000 £2,367 2
2004£105,000 £1,283 1
2003£86,575 £1,086 6
2002£59,590 £1,150 5
2001£62,938 £593 4
2000£45,475 £763 2
1999£33,000 £292 1
1998£36,500 £541 2
1996£38,900 £601 5
1995£44,625 £733 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£196,500 £2,123 2
2021£200,000 £2,667 1
2020£166,500 £1,321 2
2019£142,000 £1,882 2
2018£190,000 £1,935 2
2017£161,000 £1,527 2
2016£172,500 £2,105 2
2015£148,000 £1,007 1
2014£151,667 £1,625 3
2012£145,000 £2,040 1
2010£163,000 £2,064 5
2009£137,500 £1,828 3
2007£163,750 £1,673 2
2006£179,950 £2,399 1
2005£185,000 £2,398 1
2004£77,500 £1,212 2
2002£71,333 £981 3
2000£53,0001
1999£66,500 £1,053 2
1998£68,0001
1997£59,886 £729 7
1996£53,000 £357 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£78,500 £1,707 1
2017£65,000 £1,548 1
2016£90,000 £1,957 1
2015£50,000 £725 1
2011£69,500 £1,596 1
2007£78,000 £1,696 1
2005£50,000 £1,148 1
2003£175,800 £1,720 3
2002£78,967 £1,312 3
2000£20,000 £435 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£200,0001

House Type in LA2 0BU area

The most common house types in the LA2 0BU postcode area are Terraced (55), Semi-detached (53), and Detached (29).

Total150
Terraced55
Semi-detached53
Detached29
converted building5
Flat4
commercial building2
Shared house1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (82), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright82
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency26
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LA2 0BU have 2 people in household (66), and 1 person in household (56).

2 people in household66
1 person in household56
3 people in household13
4 people in household13
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0