Housing Market Analysis for VERNON PARK, LA2 0LU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £106,517 median price is £49,500 Standard Deviation is £83,800 with Total Sold: 3
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 VERNON PARK: £225,000 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is 13 VERNON PARK: £49,500 (Sold on 30 May 1997)
  • Terraced
    • The average price is around £126,000 median price is £126,000 Standard Deviation is £15,000 with Total Sold: 2
    • The Last 5 Year average price is £141,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 VERNON PARK: £141,000 (Sold on 23 Apr 2021)
    • The first recorded sale happened at this postcode is 11 VERNON PARK: £111,000 (Sold on 12 Nov 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average LA2 0LU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£225,000 £2,250 1
2000£45,050 £450 1
1997£49,500 £495 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£141,000 £1,720 1
2010£111,000 £1,370 1

All the Sales in the VERNON PARK, LA2 0LU

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

AddressSold DatePrice% Change
13 VERNON PARKSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-196605 Aug 2022£225,000399.45%
24 Mar 2000£45,050-8.99%
30 May 1997£49,500First Sale
12 VERNON PARKTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196623 Apr 2021£141,000First Sale
11 VERNON PARKTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194912 Nov 2010£111,000First Sale

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

VERNON PARK, LA2 0LU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £229,701 median price is £238,000 Standard Deviation is £93,100 with Total Sold: 139
    • The Last 5 Year average price is £296,786 with Total Sold: 21
    • The most recent sale happened at this postcode is , 4 LAUND GARDENS: £285,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 MAIN ROAD: £37,500 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £97,879 median price is £95,000 Standard Deviation is £44,794 with Total Sold: 553
    • The Last 5 Year average price is £133,998 with Total Sold: 90
    • The most recent sale happened at this postcode is , 9 CHAPEL STREET: £62,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 84 MAIN ROAD: £42,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £127,755 median price is £133,000 Standard Deviation is £55,058 with Total Sold: 531
    • The Last 5 Year average price is £189,490 with Total Sold: 86
    • The most recent sale happened at this postcode is , 3 SALFORD ROAD: £115,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 3 MEADOW PARK: £57,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £95,509 median price is £92,500 Standard Deviation is £24,453 with Total Sold: 86
    • The Last 5 Year average price is £93,031 with Total Sold: 75
    • The most recent sale happened at this postcode is UNIT 2, GALGATE SILK MILL CHAPEL LANE: £45,000 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , 81A MAIN ROAD: £50,000 (Sold on 07 Aug 1997)
  • Other
    • The average price is around £357,982 median price is £120,000 Standard Deviation is £605,119 with Total Sold: 17
    • The Last 5 Year average price is £413,469 with Total Sold: 8
    • The most recent sale happened at this postcode is , WARDFIELD FARM : £2,400,000 (Sold on 17 Dec 2021)
    • The first recorded sale happened at this postcode is UNIT 40, GALGATE MILL CHAPEL LANE: £190,000 (Sold on 28 Feb 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2023£356,200 £2,993 5
2022£362,125 £2,967 4
2021£249,400 £2,683 5
2020£240,750 £2,101 4
2019£254,000 £1,891 2
2018£248,998 £2,235 4
2017£274,192 £2,341 30
2016£254,836 £2,300 25
2014£184,833 £2,290 3
2013£229,500 £2,055 4
2011£152,500 £2,201 2
2010£375,000 £3,049 1
2009£235,000 £2,098 1
2008£270,000 £2,550 2
2007£203,000 £2,529 5
2006£231,667 £1,945 3
2005£249,950 £1,533 1
2004£307,500 £1,361 3
2003£180,757 £1,475 7
2002£111,475 £1,452 4
2001£156,983 £1,044 6
2000£97,817 £802 3
1999£118,390 £791 5
1998£85,967 £764 3
1997£71,483 £863 3
1996£190,0001
1995£46,2502
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,667 £1,903 3
2023£150,466 £2,102 11
2022£140,021 £1,936 24
2021£134,091 £1,577 22
2020£130,143 £1,903 14
2019£121,634 £1,753 16
2018£117,250 £1,669 12
2017£139,005 £2,025 18
2016£127,236 £1,708 24
2015£120,371 £1,590 12
2014£119,700 £1,505 15
2013£130,206 £1,663 17
2012£106,667 £1,509 9
2011£120,821 £1,752 14
2010£131,167 £1,708 12
2009£120,031 £1,764 8
2008£120,350 £1,633 10
2007£126,528 £1,899 18
2006£119,808 £1,561 19
2005£122,605 £1,673 28
2004£96,000 £1,361 29
2003£82,396 £1,162 34
2002£71,071 £949 37
2001£54,555 £787 30
2000£51,075 £686 29
1999£47,506 £551 16
1998£47,969 £743 29
1997£46,350 £634 18
1996£40,159 £487 11
1995£36,764 £497 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,000 £3,060 2
2023£215,091 £2,638 11
2022£227,763 £2,543 15
2021£192,346 £2,192 23
2020£178,012 £2,293 17
2019£152,417 £2,029 18
2018£158,150 £2,007 15
2017£154,957 £1,969 26
2016£150,533 £1,967 31
2015£143,250 £1,926 18
2014£141,200 £1,906 10
2013£150,208 £2,068 12
2012£153,875 £1,984 12
2011£135,859 £1,766 16
2010£142,866 £1,971 15
2009£160,249 £1,842 8
2008£161,778 £2,014 9
2007£152,447 £1,891 19
2006£153,820 £1,882 20
2005£152,839 £1,794 22
2004£135,785 £1,479 13
2003£109,679 £1,499 21
2002£88,635 £1,096 39
2001£80,964 £989 24
2000£72,364 £910 32
1999£63,825 £837 26
1998£56,296 £738 23
1997£52,494 £670 18
1996£45,000 £593 8
1995£50,181 £673 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,0001
2023£118,000 £2,107 1
2022£88,1004
2021£93,829 £1,549 68
2019£81,500 £1,455 1
2017£175,0001
2016£152,5002
2015£140,5003
2006£130,0001
2003£65,0001
1998£50,0001
1997£45,0002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£624,800 £6,311 5
2019£61,250 £46 3
2018£277,5001
2017£113,400 £1,347 2
2016£313,650 £3,443 1
2015£795,000 £21,875 2
2014£123,3333

House Type in LA2 0LU area

The most common house types in the LA2 0LU postcode area are Terraced (20), Semi-detached (17), and Detached (11).

Total50
Terraced20
Semi-detached17
Detached11
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (22), and Owned: Owns with a mortgage or loan (18).

Owned: Owns outright22
Owned: Owns with a mortgage or loan18
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LA2 0LU have 2 people in household (17), and 1 person in household (16).

2 people in household17
1 person in household16
3 people in household8
4 people in household8
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0