Housing Market Analysis for BANK CLOSE, LA2 0NZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £140,312 median price is £175,000 Standard Deviation is £72,584 with Total Sold: 8
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 BANK CLOSE: £240,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is 4 BANK CLOSE: £49,500 (Sold on 27 Oct 1995)
  • Detached
    • The average price is around £177,000 median price is £170,000 Standard Deviation is £44,774 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 BANK CLOSE: £170,000 (Sold on 23 Jul 2013)
    • The first recorded sale happened at this postcode is 2 BANK CLOSE: £126,000 (Sold on 24 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LA2 0NZ 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
2023£240,000 £2,424 1
2017£194,500 £2,176 1
2013£185,000 £1,869 1
2011£165,000 £1,846 1
2005£187,500 £1,894 1
1998£56,000 £566 1
1997£45,000 £455 1
1995£49,500 £481 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£170,000 £1,250 1
2009£235,000 £2,098 1
2001£126,000 £1,125 1

All the Sales in the BANK CLOSE, LA2 0NZ

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

AddressSold DatePrice% Change
3 BANK CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1976-198216 Jun 2023£240,00029.73%
31 May 2013£185,000-1.33%
23 Aug 2005£187,500234.82%
08 May 1998£56,00024.44%
15 Sep 1997£45,000First Sale
5 BANK CLOSESemi-Detached, FreeholdArea: 89.4 Sq.mtrAge: 1950-196631 Mar 2017£194,50017.88%
27 Jun 2011£165,000First Sale
1 BANK CLOSEDetached, FreeholdArea: 136 Sq.mtrAge: 1967-197523 Jul 2013£170,000First Sale
2 BANK CLOSEDetached, FreeholdArea: 111.99 Sq.mtrAge: 1950-196607 Aug 2009£235,00086.51%
24 Aug 2001£126,000First Sale
4 BANK CLOSESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1967-197527 Oct 1995£49,500First Sale

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

BANK CLOSE, LA2 0NZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £127,209 median price is £135,000 Standard Deviation is £57,003 with Total Sold: 327
    • The Last 5 Year average price is £190,260 with Total Sold: 64
    • The most recent sale happened at this postcode is , 61 VERNON CRESCENT: £159,000 (Sold on 23 Aug 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 £94,375 median price is £99,750 Standard Deviation is £30,918 with Total Sold: 4
    • The Last 5 Year average price is £109,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, VERNON COURT VERNON PARK: £128,000 (Sold on 10 Apr 2024)
    • The first recorded sale happened at this postcode is 2, VERNON COURT VERNON PARK: £50,000 (Sold on 30 Nov 1998)
  • Terraced
    • The average price is around £104,463 median price is £110,000 Standard Deviation is £48,915 with Total Sold: 201
    • The Last 5 Year average price is £146,056 with Total Sold: 38
    • The most recent sale happened at this postcode is , 18 MAIN ROAD: £140,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 84 MAIN ROAD: £42,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £186,772 median price is £170,000 Standard Deviation is £109,672 with Total Sold: 57
    • The Last 5 Year average price is £340,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 15 CARR WOOD GARDENS: £402,000 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is , 2 MAIN ROAD: £37,500 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £164,550 median price is £105,000 Standard Deviation is £106,139 with Total Sold: 3
    • The most recent sale happened at this postcode is , RAILWAY FARM SALFORD ROAD: £313,650 (Sold on 13 Oct 2016)
    • The first recorded sale happened at this postcode is , 64A MAIN ROAD: £75,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,300 £3,060 5
2023£212,444 £2,540 9
2022£214,864 £2,536 11
2021£203,809 £2,240 16
2020£170,609 £2,206 11
2019£151,417 £1,944 12
2018£159,100 £1,980 10
2017£162,833 £2,175 12
2016£159,000 £1,706 8
2015£138,594 £1,874 16
2014£142,056 £1,857 9
2013£153,167 £1,945 9
2012£137,125 £1,927 8
2011£130,854 £1,751 12
2010£139,250 £1,901 12
2009£159,166 £1,807 6
2008£154,786 £1,819 7
2007£144,967 £1,855 15
2006£152,177 £1,573 11
2005£143,002 £1,781 12
2004£133,750 £1,351 8
2003£99,335 £1,107 10
2002£79,571 £1,019 22
2001£63,534 £782 9
2000£57,521 £729 12
1999£51,227 £682 11
1998£49,140 £718 15
1997£50,711 £629 14
1996£45,000 £593 8
1995£48,786 £673 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,0001
2023£118,000 £2,107 1
2019£81,500 £1,455 1
1998£50,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,000 £1,903 2
2023£153,104 £2,292 6
2022£153,875 £1,950 12
2021£140,000 £1,628 10
2020£142,600 £1,730 5
2019£136,000 £1,573 3
2018£126,750 £1,624 4
2017£122,000 £2,200 2
2016£129,350 £1,627 10
2015£121,083 £1,498 6
2014£143,625 £1,506 4
2013£146,250 £1,678 4
2012£133,750 £1,537 4
2011£115,167 £1,732 3
2010£132,000 £1,659 6
2009£126,500 £1,823 4
2008£115,000 £1,609 6
2007£143,000 £2,337 6
2006£121,207 £1,784 7
2005£123,668 £1,576 13
2004£100,023 £1,271 11
2003£83,252 £1,279 11
2002£84,535 £1,088 16
2001£41,800 £539 10
2000£45,953 £555 12
1999£48,333 £464 6
1998£39,975 £471 2
1997£47,667 £580 3
1996£40,464 £514 7
1995£33,250 £446 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£402,000 £2,831 1
2022£500,000 £4,065 1
2021£282,000 £4,406 1
2020£250,000 £2,000 1
2019£270,000 £1,579 1
2018£180,500 £2,056 2
2017£280,000 £2,617 1
2016£228,333 £1,924 3
2014£184,833 £2,290 3
2013£218,500 £2,272 2
2011£152,500 £2,201 2
2010£375,000 £3,049 1
2009£235,000 £2,098 1
2008£130,0001
2007£203,000 £2,529 5
2006£222,500 £1,945 2
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£126,000 £1,125 1
2000£61,750 £547 2
1999£140,5003
1998£85,967 £764 3
1997£71,483 £863 3
1995£46,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£313,650 £3,443 1
2014£90,0002

House Type in LA2 0NZ area

The most common house types in the LA2 0NZ postcode area are Semi-detached (75), Detached (7), and temporary structure (7).

Total103
Semi-detached75
Detached7
temporary structure7
Terraced6
Flat3
commercial building3
Shared house2
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan45
Owned: Owns outright39
Private rented: Private landlord or letting agency10
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
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 0NZ have 2 people in household (34), and 1 person in household (29).

2 people in household34
1 person in household29
3 people in household18
4 people in household12
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0