Housing Market Analysis for BANKS WAY, LA2 7JH

Are you looking to understand LA2 7JH 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 Craven postcode.

For the location information and nearby amenities in the LA2 7JH area, explore the LA2 7JH Area information page.
For comprehensive crime statistics in the LA2 7JH area, explore the LA2 7JH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA2 7JH postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £96,369 median price is £90,000 Standard Deviation is £41,381 with Total Sold: 21
- The Last 5 Year average price is £150,500 with Total Sold: 4
- The most recent sale happened at this postcode is 39 BANKS WAY: £143,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 6 BANKS WAY: £51,000 (Sold on 09 Jan 1998)
Flat
- The average price is around £85,667 median price is £75,500 Standard Deviation is £17,284 with Total Sold: 3
- The Last 5 Year average price is £92,750 with Total Sold: 2
- The most recent sale happened at this postcode is 9 BANKS WAY: £110,000 (Sold on 29 Jul 2022)
- The first recorded sale happened at this postcode is 9 BANKS WAY: £71,500 (Sold on 27 Feb 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average LA2 7JH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£158,500	£2,017	2
2020	£142,000	£1,671	1
2019	£143,000	£1,682	1
2018	£133,000	£1,720	2
2017	£125,000	£1,511	1
2016	£126,250	£1,753	2
2015	£90,000	£1,250	2
2006	£112,000	£1,514	1
2005	£57,750	£802	1
2003	£78,500	£949	1
2002	£69,000		1
2001	£48,667	£688	3
1999	£36,500	£507	1
1998	£49,250	£565	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£110,000	£3,929	1
2020	£75,500	£2,696	1
2018	£71,500	£2,554	1

All the Sales in the BANKS WAY, LA2 7JH

See the table below for more details on the sold house prices in the LA2 7JH, Craven postcode.

Address	Sold Date	Price	% Change
39 BANKS WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	06 Apr 2023	£143,000	58.89%
	21 Dec 2015	£90,000	55.84%
	04 Apr 2005	£57,750	First Sale
38 BANKS WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	14 Feb 2023	£174,000	22.54%
	25 Feb 2020	£142,000	First Sale
9 BANKS WAYFlat, LeaseholdArea: 28 Sq.mtrAge: 1950-1966	29 Jul 2022	£110,000	45.70%
	14 Dec 2020	£75,500	5.59%
	27 Feb 2018	£71,500	First Sale
36 BANKS WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	18 Nov 2019	£143,000	First Sale
41 BANKS WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	21 Dec 2018	£138,000	12.65%
	15 Dec 2016	£122,500	36.11%
	22 Sep 2015	£90,000	146.58%
	15 Nov 1999	£36,500	First Sale
22 BANKS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	06 Apr 2018	£128,000	First Sale
8 BANKS WAYSemi-Detached, FreeholdArea: 82.72 Sq.mtrAge: 1950-1966	19 May 2017	£125,000	59.24%
	07 Feb 2003	£78,500	First Sale
42 BANKS WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	07 Sep 2016	£130,000	First Sale
40 BANKS WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	13 Jun 2006	£112,000	First Sale
12 BANKS WAYSemi-Detached, Freehold	02 Oct 2002	£69,000	First Sale
34 BANKS WAYSemi-Detached, Freehold	15 Oct 2001	£32,500	First Sale
28 BANKS WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	27 Apr 2001	£57,000	First Sale
18 BANKS WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	31 Jan 2001	£56,500	18.95%
	28 Aug 1998	£47,500	First Sale
6 BANKS WAYSemi-Detached, Freehold	09 Jan 1998	£51,000	First Sale

Check out the sold house prices near the LA2 7JH postcode. Properties currently for saleProperties currently for rent

BANKS WAY, LA2 7JH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA2 7JH 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 7JH postcode.

Semi-Detached
- The average price is around £133,686 median price is £130,000 Standard Deviation is £68,648 with Total Sold: 254
- The Last 5 Year average price is £196,050 with Total Sold: 40
- The most recent sale happened at this postcode is , GROVE HILL HOUSE STATION ROAD: £335,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , BEECH HOUSE, 46 MOUNT PLEASANT: £45,000 (Sold on 29 Sep 1995)
Flat
- The average price is around £83,874 median price is £80,250 Standard Deviation is £42,572 with Total Sold: 46
- The Last 5 Year average price is £103,850 with Total Sold: 10
- The most recent sale happened at this postcode is 2, LUNESDALE FLATS KING STREET: £115,000 (Sold on 20 Jun 2024)
- The first recorded sale happened at this postcode is , 58B MAIN STREET: £20,000 (Sold on 29 Mar 1996)
Detached
- The average price is around £203,573 median price is £180,000 Standard Deviation is £105,128 with Total Sold: 171
- The Last 5 Year average price is £300,983 with Total Sold: 35
- The most recent sale happened at this postcode is , 5 MOONS ACRE: £370,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , CHEE TOR ROBIN LANE: £76,000 (Sold on 07 Mar 1995)
Terraced
- The average price is around £118,307 median price is £115,000 Standard Deviation is £62,202 with Total Sold: 376
- The Last 5 Year average price is £175,704 with Total Sold: 70
- The most recent sale happened at this postcode is 16, MOUNT PLEASANT TERRACE MOUNT PLEASANT: £150,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is , 9 GOODENBER ROAD: £40,000 (Sold on 17 Feb 1995)
Other
- The average price is around £181,485 median price is £117,500 Standard Deviation is £187,688 with Total Sold: 24
- The Last 5 Year average price is £151,982 with Total Sold: 17
- The most recent sale happened at this postcode is , 17 STATION ROAD: £110,000 (Sold on 12 Mar 2024)
- The first recorded sale happened at this postcode is , KIDDE PRODUCTS LTD STATION ROAD: £760,000 (Sold on 28 Jun 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,600		5
2023	£185,333	£2,052	6
2022	£192,200	£2,683	5
2021	£193,750	£2,085	10
2020	£153,333	£1,923	3
2019	£203,045	£1,586	11
2018	£178,650	£1,856	10
2017	£190,600	£1,788	5
2016	£142,500	£1,406	5
2015	£151,000	£1,384	8
2014	£150,944	£1,774	9
2013	£139,833	£1,564	6
2012	£196,700	£1,877	5
2011	£135,890	£1,458	5
2010	£185,730	£2,206	11
2009	£159,100	£2,046	5
2008	£207,500	£1,600	3
2007	£263,250	£2,010	6
2006	£158,812	£1,564	8
2005	£162,788	£1,705	13
2004	£125,000	£1,319	8
2003	£105,079	£1,296	12
2002	£100,141	£838	17
2001	£71,494	£734	17
2000	£81,603	£650	18
1999	£63,810	£709	15
1998	£54,612	£581	8
1997	£60,591	£718	11
1996	£53,486	£433	7
1995	£42,000	£281	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,000	£2,660	2
2023	£40,000	£541	1
2022	£115,250	£3,365	2
2021	£105,000		1
2020	£105,750	£2,139	4
2018	£70,750	£2,554	2
2017	£163,000		1
2016	£150,000	£1,867	3
2015	£122,000	£2,017	2
2014	£103,000		1
2011	£132,500		1
2008	£125,000	£1,725	3
2006	£105,500	£2,140	2
2005	£110,000	£2,245	1
2004	£95,000	£2,021	1
2003	£53,364	£740	2
2002	£56,750	£961	2
2001	£41,250	£1,011	2
2000	£49,000	£1,062	4
1999	£33,500	£1,013	4
1998	£33,000	£539	2
1997	£31,000	£990	1
1996	£32,500	£427	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,000	£3,200	2
2023	£355,500	£2,878	4
2022	£359,000	£2,922	5
2021	£291,667	£2,317	15
2020	£279,975	£1,923	2
2019	£255,493	£2,158	7
2018	£289,357	£2,017	7
2017	£262,500	£1,919	2
2016	£254,167	£1,578	3
2015	£218,786	£1,584	7
2014	£242,408	£1,983	6
2013	£213,667	£1,882	6
2012	£216,400	£1,964	5
2011	£194,000	£1,609	3
2010	£240,625	£2,190	4
2009	£300,333		3
2008	£297,000	£2,084	5
2007	£320,500	£2,124	3
2006	£305,000	£1,156	2
2005	£227,833	£2,051	3
2004	£211,417	£1,712	12
2003	£144,556	£1,401	9
2002	£138,750	£730	8
2001	£106,895	£1,238	10
2000	£120,798	£894	8
1999	£100,500	£908	11
1998	£77,417	£612	6
1997	£83,500	£790	3
1996	£73,000	£664	7
1995	£37,750		3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,000		1
2023	£197,600	£2,450	10
2022	£183,722	£2,411	18
2021	£180,369	£2,054	24
2020	£156,990	£1,626	10
2019	£138,214	£1,613	7
2018	£128,423	£1,831	13
2017	£135,125	£1,614	8
2016	£148,750	£1,651	16
2015	£115,038	£1,475	13
2014	£145,015	£1,546	13
2013	£120,875	£1,513	8
2012	£138,917	£1,589	6
2011	£140,833	£1,569	6
2010	£176,999	£1,562	5
2009	£181,250	£2,232	4
2008	£141,861	£1,872	9
2007	£178,720	£1,703	15
2006	£142,944	£1,693	18
2005	£138,107	£1,613	14
2004	£115,628	£1,465	18
2003	£106,497	£1,066	16
2002	£75,245	£844	32
2001	£63,538	£811	24
2000	£47,938	£612	15
1999	£51,412	£602	15
1998	£46,682	£639	11
1997	£42,188	£604	8
1996	£44,500	£794	6
1995	£48,238	£488	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£85,000		2
2023	£216,250	£1,780	4
2022	£172,500		2
2021	£93,500		3
2020	£315,000	£1,878	2
2019	£73,300	£671	4
2018	£208,978		3
2017	£117,500		2
2015	£150,000		1
2013	£760,000		1

House Type in LA2 7JH area

The most common house types in the LA2 7JH postcode area are Semi-detached (91), Detached (21), and Flat (13).

Total	126
Semi-detached	91
Detached	21
Flat	13
Shared house	1
Terraced	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Social rented: Other social rented (28).

Owned: Owns outright	42
Social rented: Other social rented	28
Owned: Owns with a mortgage or loan	24
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LA2 7JH have 1 person in household (51), and 2 people in household (37).

1 person in household	51
2 people in household	37
3 people in household	18
4 people in household	14
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0