Housing Market Analysis for LAKE ROAD, LA23 3BJ

Are you looking to understand LA23 3BJ 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 South Lakeland postcode.

For the location information and nearby amenities in the LA23 3BJ area, explore the LA23 3BJ Area information page.
For comprehensive crime statistics in the LA23 3BJ area, explore the LA23 3BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA23 3BJ postcode area, The average prices are as follows,

Flat
- The average price is around £145,148 median price is £115,000 Standard Deviation is £97,548 with Total Sold: 20
- The Last 5 Year average price is £280,000 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 2, EXCHANGE HOUSE LAKE ROAD: £300,000 (Sold on 28 Apr 2021)
- The first recorded sale happened at this postcode is 50 LAKE ROAD: £29,250 (Sold on 21 Mar 1997)
Other
- The average price is around £517,667 median price is £360,500 Standard Deviation is £509,667 with Total Sold: 6
- The Last 5 Year average price is £669,250 with Total Sold: 4
- The most recent sale happened at this postcode is EXCHANGE HOUSE LAKE ROAD: £1,600,000 (Sold on 28 Apr 2021)
- The first recorded sale happened at this postcode is FAT OLIVES BRASSERIE LAKE ROAD: £8,000 (Sold on 28 Nov 2016)
Terraced
- The average price is around £261,000 median price is £261,000 Standard Deviation is £59,000 with Total Sold: 2
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5, WESTMORLAND HOUSE LAKE ROAD: £320,000 (Sold on 11 Oct 2019)
- The first recorded sale happened at this postcode is BRACKENS LAKE ROAD: £202,000 (Sold on 12 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LA23 3BJ 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
2021	£325,000	£6,490	4
2020	£100,000	£2,703	1
2018	£125,000	£3,049	1
2016	£176,000		1
2009	£142,500		1
2007	£99,667	£2,514	3
2005	£125,817		3
2004	£130,000		1
2002	£75,000		1
2001	£66,000		1
1999	£41,375		2
1997	£29,250		1

House Type: Other

Year	Avg. Price	Sold
2021	£950,000	2
2020	£525,000	1
2019	£252,000	1
2017	£421,000	1
2016	£8,000	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£320,000	£8,000	1
1999	£202,000		1

All the Sales in the LAKE ROAD, LA23 3BJ

See the table below for more details on the sold house prices in the LA23 3BJ, South Lakeland postcode.

Address	Sold Date	Price	% Change
FLAT 2, EXCHANGE HOUSE LAKE ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 2021	28 Apr 2021	£300,000	First Sale
FLAT 1, EXCHANGE HOUSE LAKE ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 2021	28 Apr 2021	£350,000	First Sale
EXCHANGE HOUSE LAKE ROADOther, Freehold	28 Apr 2021	£1,600,000	433.33%
	28 Apr 2021	£300,000	-42.86%
	13 Jan 2020	£525,000	24.70%
	27 Mar 2017	£421,000	First Sale
FLAT 4, EXCHANGE HOUSE LAKE ROADFlat, LeaseholdArea: 63 Sq.mtr	28 Apr 2021	£300,000	First Sale
FLAT 3, EXCHANGE HOUSE LAKE ROADFlat, LeaseholdArea: 39 Sq.mtr	28 Apr 2021	£350,000	First Sale
2, WESTMORLAND HOUSE LAKE ROADFlat, LeaseholdArea: 37 Sq.mtrAge: before 1900	20 Nov 2020	£100,000	5.26%
	12 Nov 2007	£95,000	First Sale
5, WESTMORLAND HOUSE LAKE ROADTerraced, FreeholdArea: 40 Sq.mtrAge: 1900-1929	11 Oct 2019	£320,000	First Sale
TOP FLAT, WEST VIEW LAKE ROADOther, Freehold	27 Sep 2019	£252,000	97.65%
	02 Sep 2005	£127,500	-15.00%
	20 Jul 2005	£150,000	127.27%
	03 Sep 2001	£66,000	65.00%
	12 Mar 1999	£40,000	First Sale
4, WESTMORLAND HOUSE LAKE ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-1929	17 Oct 2018	£125,000	26.26%
	18 May 2007	£99,000	First Sale
FAT OLIVES BRASSERIE LAKE ROADOther, Leasehold	28 Nov 2016	£8,000	First Sale
MIDDLE FLAT, WEST VIEW LAKE ROADFlat, Leasehold	31 Mar 2016	£176,000	23.51%
	11 Dec 2009	£142,500	9.62%
	18 Jun 2004	£130,000	73.33%
	04 Nov 2002	£75,000	75.44%
	02 Jul 1999	£42,750	First Sale
3, WESTMORLAND HOUSE LAKE ROADFlat, LeaseholdArea: 41 Sq.mtrAge: before 1900	04 Sep 2007	£105,000	First Sale
1, WESTMORLAND HOUSE LAKE ROADFlat, Leasehold	02 Nov 2005	£99,950	First Sale
BRACKENS LAKE ROADTerraced, Freehold	12 Mar 1999	£202,000	First Sale
50 LAKE ROADFlat, Leasehold	21 Mar 1997	£29,250	First Sale

Check out the sold house prices near the LA23 3BJ postcode. Properties currently for saleProperties currently for rent

LAKE ROAD, LA23 3BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA23 3BJ 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 LA23 3BJ postcode.

Flat
- The average price is around £153,291 median price is £135,000 Standard Deviation is £100,634 with Total Sold: 705
- The Last 5 Year average price is £251,735 with Total Sold: 114
- The most recent sale happened at this postcode is FLAT 16, HELM RIGG HELM ROAD: £247,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is 6, MYLNBECK COURT LAKE ROAD: £67,500 (Sold on 03 Apr 1995)
Terraced
- The average price is around £201,046 median price is £198,250 Standard Deviation is £110,280 with Total Sold: 446
- The Last 5 Year average price is £367,974 with Total Sold: 45
- The most recent sale happened at this postcode is , 1 SOUTH TERRACE: £320,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is 4, RUSTIC COTTAGES CRAIG WALK: £68,500 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £201,078 median price is £187,777 Standard Deviation is £128,092 with Total Sold: 165
- The Last 5 Year average price is £324,046 with Total Sold: 20
- The most recent sale happened at this postcode is , 11 QUARRY BROW: £385,000 (Sold on 15 Feb 2024)
- The first recorded sale happened at this postcode is , 13 LANGRIGGE PARK: £64,000 (Sold on 03 Feb 1995)
Other
- The average price is around £684,945 median price is £500,000 Standard Deviation is £750,839 with Total Sold: 68
- The Last 5 Year average price is £843,258 with Total Sold: 38
- The most recent sale happened at this postcode is , MONTIES CRAG BROW: £425,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , 50 QUARRY RIGG: £20,000 (Sold on 02 Dec 2013)
Detached
- The average price is around £331,855 median price is £291,750 Standard Deviation is £243,092 with Total Sold: 282
- The Last 5 Year average price is £610,511 with Total Sold: 47
- The most recent sale happened at this postcode is , 20 SOUTH CRAIG: £510,000 (Sold on 02 Feb 2024)
- The first recorded sale happened at this postcode is , 10 NORTH CRAIG: £90,000 (Sold on 23 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,700	£4,732	5
2023	£338,342	£4,239	17
2022	£281,780	£4,728	20
2021	£234,440	£4,188	29
2020	£237,204	£3,534	24
2019	£171,329	£3,532	19
2018	£191,172	£3,537	20
2017	£214,383	£3,444	30
2016	£180,928	£2,960	30
2015	£148,214	£3,029	18
2014	£175,227	£3,109	26
2013	£140,873	£2,938	16
2012	£158,618	£3,035	17
2011	£162,458	£3,200	13
2010	£185,827	£3,454	13
2009	£150,812	£2,756	8
2008	£184,941	£3,085	29
2007	£183,804	£2,906	28
2006	£174,532	£2,647	30
2005	£161,875	£2,584	28
2004	£154,419	£2,515	36
2003	£106,792	£1,988	36
2002	£81,929	£1,437	41
2001	£65,865	£1,109	24
2000	£128,533	£1,572	40
1999	£73,385	£1,150	31
1998	£50,354	£913	25
1997	£46,252	£806	21
1996	£53,529	£880	17
1995	£43,071	£768	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£406,250	£3,969	4
2023	£382,167	£3,387	6
2022	£415,000	£4,187	5
2021	£383,769	£4,175	18
2020	£309,500	£3,127	6
2019	£300,167	£3,670	6
2018	£247,750	£3,417	12
2017	£280,381	£2,697	16
2016	£296,581	£2,683	18
2015	£261,272	£3,342	9
2014	£242,634	£2,780	13
2013	£245,206	£2,214	8
2012	£232,800	£2,865	10
2011	£265,550	£3,326	9
2010	£240,300	£2,843	10
2009	£240,656	£2,970	16
2008	£246,714	£2,892	7
2007	£263,214	£2,815	21
2006	£234,543	£2,621	27
2005	£221,260	£2,363	20
2004	£207,642	£2,081	25
2003	£168,804	£2,187	23
2002	£113,094	£1,551	33
2001	£119,783	£1,581	23
2000	£102,819	£991	28
1999	£92,869	£1,069	15
1998	£71,091	£857	11
1997	£71,471	£769	21
1996	£73,250	£644	16
1995	£57,125	£872	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000		1
2023	£226,000	£3,590	5
2022	£333,125	£3,159	4
2021	£358,904	£3,984	6
2020	£370,000	£3,480	4
2018	£257,929	£3,001	7
2017	£350,000		1
2016	£281,667	£2,865	3
2015	£142,163	£1,402	6
2014	£330,000	£2,750	1
2013	£275,000	£3,768	2
2012	£294,000	£2,518	1
2011	£300,000	£3,244	2
2010	£228,750	£2,947	4
2009	£304,393	£2,780	7
2008	£336,990	£3,107	5
2007	£240,864	£2,271	11
2006	£213,143	£2,167	7
2005	£311,600	£2,558	5
2004	£259,469	£2,406	8
2003	£208,616	£1,700	10
2002	£152,531	£1,542	9
2001	£133,750	£1,358	10
2000	£94,223	£1,237	11
1999	£76,114	£803	11
1998	£89,106	£993	9
1997	£70,786	£780	7
1996	£86,667	£816	3
1995	£67,200	£754	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		1
2023	£610,125	£7,150	6
2022	£881,286	£9,347	7
2021	£1,335,411	£5,943	9
2020	£617,978	£2,960	7
2019	£680,562	£3,779	8
2018	£320,500		5
2017	£402,500	£3,022	7
2016	£270,415		7
2015	£640,875		4
2014	£939,346	£2,627	6
2013	£20,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£510,000	£5,050	1
2023	£742,167	£5,306	6
2022	£539,545	£5,395	11
2021	£645,364	£5,108	11
2020	£647,462	£4,200	13
2019	£456,000	£3,444	5
2018	£434,938	£3,131	8
2017	£401,500	£3,800	10
2016	£463,398	£4,752	10
2015	£470,438	£3,434	8
2014	£365,272	£3,565	9
2013	£326,071	£3,130	7
2012	£440,175	£4,108	6
2011	£372,000	£2,954	5
2010	£415,090	£3,262	5
2009	£398,100	£3,226	5
2008	£391,174	£3,070	9
2007	£387,111	£3,596	9
2006	£342,833	£2,440	12
2005	£385,783	£2,494	6
2004	£265,667	£2,359	12
2003	£212,183	£2,275	6
2002	£247,321	£2,257	14
2001	£148,192	£1,321	13
2000	£152,716	£1,306	16
1999	£169,547	£1,233	16
1998	£146,654	£1,331	13
1997	£142,000	£1,060	16
1996	£119,964	£1,325	14
1995	£93,750	£1,100	6

House Type in LA23 3BJ area

The most common house types in the LA23 3BJ postcode area are Flat (41), Detached (24), and Terraced (19).

Total	127
Flat	41
Detached	24
Terraced	19
converted building	19
Shared house	13
commercial building	7
Semi-detached	4
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Owned: Owns outright (37).

Private rented: Private landlord or letting agency	48
Owned: Owns outright	37
Owned: Owns with a mortgage or loan	23
Social rented: Other social rented	14
Private rented: Other private rented	6
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LA23 3BJ have 1 person in household (56), and 2 people in household (53).

1 person in household	56
2 people in household	53
3 people in household	11
4 people in household	5
7 people in household	3
5 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0