Housing Market Analysis for MELROSE AVENUE, LA4 5NG

Are you looking to understand LA4 5NG 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 LA4 5NG area, explore the LA4 5NG Area information page.
For comprehensive crime statistics in the LA4 5NG area, explore the LA4 5NG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA4 5NG postcode area, The average prices are as follows,

Terraced
- The average price is around £91,533 median price is £98,750 Standard Deviation is £32,848 with Total Sold: 30
- The Last 5 Year average price is £124,000 with Total Sold: 7
- The most recent sale happened at this postcode is 2 MELROSE AVENUE: £150,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 12 MELROSE AVENUE: £32,000 (Sold on 24 Nov 1995)
Semi-Detached
- The average price is around £111,500 median price is £111,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 14 MELROSE AVENUE: £111,500 (Sold on 04 Jun 2010)
- The first recorded sale happened at this postcode is 14 MELROSE AVENUE: £111,500 (Sold on 04 Jun 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average LA4 5NG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£144,000	£1,736	3
2022	£135,000	£1,533	1
2021	£122,000	£1,166	1
2019	£89,500	£1,154	2
2018	£109,000	£1,237	1
2017	£107,000	£1,154	2
2016	£85,000	£1,062	1
2015	£107,000	£1,023	1
2014	£97,500	£1,107	1
2011	£109,000	£1,083	1
2007	£108,125	£1,232	4
2005	£85,000		1
2004	£89,833	£1,093	3
2003	£69,000	£852	2
2002	£47,500		1
2001	£40,000		1
2000	£35,000	£432	2
1999	£42,000		1
1995	£32,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£111,500	£1,349	1

All the Sales in the MELROSE AVENUE, LA4 5NG

See the table below for more details on the sold house prices in the LA4 5NG, Lancaster postcode.

Address	Sold Date	Price	% Change
2 MELROSE AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	23 Oct 2023	£150,000	0.0
	23 Oct 2023	£150,000	62.16%
	27 Aug 2004	£92,500	First Sale
15 MELROSE AVENUETerraced, FreeholdArea: 104.6 Sq.mtrAge: 1900-1929	02 May 2023	£132,000	8.20%
	12 Jul 2021	£122,000	9.42%
	31 Aug 2017	£111,500	4.21%
	21 May 2015	£107,000	7.00%
	23 Mar 2007	£100,000	First Sale
7 MELROSE AVENUETerraced, FreeholdArea: 88.09 Sq.mtrAge: 1900-1929	13 Oct 2022	£135,000	23.85%
	14 Dec 2018	£109,000	11.79%
	31 Oct 2014	£97,500	-2.50%
	08 Oct 2004	£100,000	First Sale
11 MELROSE AVENUETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	20 Dec 2019	£84,000	First Sale
8 MELROSE AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	03 May 2019	£95,000	31.94%
	05 Dec 2003	£72,000	118.18%
	10 Mar 2000	£33,000	First Sale
9 MELROSE AVENUETerraced, FreeholdArea: 82.52 Sq.mtrAge: before 1900	21 Sep 2017	£102,500	First Sale
1 MELROSE AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	24 Nov 2016	£85,000	First Sale
13 MELROSE AVENUETerraced, FreeholdArea: 100.65 Sq.mtrAge: 1900-1929	28 Apr 2011	£109,000	First Sale
14 MELROSE AVENUESemi-Detached, FreeholdArea: 82.64 Sq.mtrAge: 1900-1929	04 Jun 2010	£111,500	First Sale
4 MELROSE AVENUETerraced, Freehold	17 Oct 2007	£114,000	34.12%
4 MELROSE AVENUETerraced, Freehold	21 Oct 2005	£85,000	First Sale
10 MELROSE AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	17 Aug 2007	£107,500	62.88%
	17 Oct 2003	£66,000	78.38%
	15 Nov 2000	£37,000	First Sale
16 MELROSE AVENUETerraced, Freehold	16 Feb 2007	£111,000	44.16%
	27 Jan 2004	£77,000	62.11%
	19 Apr 2002	£47,500	13.10%
	08 Sep 1999	£42,000	First Sale
3 MELROSE AVENUETerraced, Freehold	29 Jun 2001	£40,000	First Sale
12 MELROSE AVENUETerraced, Freehold	24 Nov 1995	£32,000	First Sale

Check out the sold house prices near the LA4 5NG postcode. Properties currently for saleProperties currently for rent

MELROSE AVENUE, LA4 5NG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA4 5NG 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 LA4 5NG postcode.

Semi-Detached
- The average price is around £105,622 median price is £105,000 Standard Deviation is £57,562 with Total Sold: 1,085
- The Last 5 Year average price is £172,899 with Total Sold: 164
- The most recent sale happened at this postcode is , 16 BELLFIELD ROAD: £199,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 4 GLENEAGLES DRIVE: £45,750 (Sold on 12 Jan 1995)
Other
- The average price is around £120,614 median price is £77,500 Standard Deviation is £203,711 with Total Sold: 73
- The Last 5 Year average price is £117,380 with Total Sold: 41
- The most recent sale happened at this postcode is , 104 EUSTON ROAD: £70,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , SHELL CORNER GARAGE THORNTON ROAD: £200,000 (Sold on 14 Jun 2012)
Flat
- The average price is around £65,414 median price is £60,000 Standard Deviation is £35,335 with Total Sold: 567
- The Last 5 Year average price is £80,565 with Total Sold: 89
- The most recent sale happened at this postcode is , 14 BORROWDALE GROVE: £96,500 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is , 11 DERWENT AVENUE: £32,999 (Sold on 13 Jan 1995)
Terraced
- The average price is around £73,412 median price is £72,000 Standard Deviation is £38,870 with Total Sold: 2,056
- The Last 5 Year average price is £118,204 with Total Sold: 299
- The most recent sale happened at this postcode is , 11 ROSE STREET: £124,950 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 14 TURNBERRY CLOSE: £41,450 (Sold on 09 Jan 1995)
Detached
- The average price is around £165,018 median price is £147,950 Standard Deviation is £115,726 with Total Sold: 129
- The Last 5 Year average price is £318,837 with Total Sold: 19
- The most recent sale happened at this postcode is , 13 BROADWAY: £670,000 (Sold on 19 Jul 2023)
- The first recorded sale happened at this postcode is , 1 BURLINGTON GROVE: £55,000 (Sold on 22 Apr 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000	£1,379	8
2023	£186,805	£2,019	32
2022	£181,787	£2,083	29
2021	£171,636	£1,848	38
2020	£161,559	£1,599	29
2019	£159,230	£1,576	28
2018	£138,802	£1,492	41
2017	£147,873	£1,528	28
2016	£135,370	£1,522	23
2015	£131,092	£1,476	40
2014	£142,158	£1,472	31
2013	£126,566	£1,279	29
2012	£123,331	£1,350	24
2011	£116,702	£1,378	27
2010	£131,737	£1,331	31
2009	£115,427	£1,238	20
2008	£130,615	£1,269	26
2007	£131,962	£1,336	53
2006	£121,627	£1,383	46
2005	£111,841	£1,224	43
2004	£103,442	£1,030	56
2003	£91,979	£971	56
2002	£52,110	£609	65
2001	£53,521	£531	47
2000	£46,226	£509	42
1999	£42,567	£439	36
1998	£40,775	£480	38
1997	£37,806	£433	40
1996	£39,071	£504	39
1995	£44,389	£521	40

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£71,833		3
2023	£175,167	£1,486	6
2022	£116,178	£1,093	7
2021	£121,667	£2,819	6
2020	£78,733	£1,175	10
2019	£135,056	£1,499	9
2018	£209,091	£886	11
2017	£82,188	£1,143	12
2016	£58,286		7
2014	£98,000	£1,167	1
2012	£200,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,438		8
2023	£82,021	£1,330	24
2022	£90,700	£1,544	21
2021	£78,000	£1,321	11
2020	£69,197	£1,310	13
2019	£78,000	£1,326	12
2018	£57,127	£1,283	11
2017	£68,763	£1,201	19
2016	£65,622	£1,059	20
2015	£57,319	£1,016	21
2014	£70,238	£1,003	32
2013	£50,321	£929	14
2012	£51,611	£864	9
2011	£76,000	£1,248	10
2010	£89,038	£1,254	19
2009	£119,962	£1,701	42
2008	£90,387	£1,314	33
2007	£77,951	£1,343	26
2006	£65,552	£1,247	28
2005	£60,995	£1,245	19
2004	£51,140	£935	29
2003	£45,971	£959	21
2002	£30,152	£586	27
2001	£32,388	£792	12
2000	£28,250	£547	15
1999	£29,672	£614	9
1998	£28,714	£417	7
1997	£36,688	£778	16
1996	£37,694	£826	17
1995	£35,780	£651	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,950	£1,248	12
2023	£130,065	£1,553	51
2022	£128,251	£1,398	55
2021	£120,984	£1,388	70
2020	£110,168	£1,154	54
2019	£102,780	£1,214	57
2018	£102,731	£1,195	58
2017	£92,828	£1,076	56
2016	£92,956	£1,075	52
2015	£92,178	£1,037	65
2014	£92,030	£899	54
2013	£84,566	£1,018	41
2012	£91,780	£1,025	33
2011	£79,717	£984	42
2010	£84,136	£1,026	40
2009	£82,481	£1,011	34
2008	£102,713	£1,198	42
2007	£102,135	£1,149	101
2006	£93,588	£1,109	115
2005	£83,290	£960	84
2004	£73,405	£854	134
2003	£54,434	£634	142
2002	£41,331	£452	161
2001	£34,101	£420	93
2000	£30,629	£383	88
1999	£29,731	£348	75
1998	£31,658	£346	50
1997	£29,951	£333	70
1996	£30,655	£355	55
1995	£35,485	£561	72

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£430,000	£3,206	3
2022	£466,738	£2,380	4
2021	£277,070	£2,372	5
2020	£187,867	£1,714	3
2019	£238,000	£1,680	4
2018	£187,238	£1,439	4
2017	£247,200	£1,918	5
2016	£196,238	£1,481	4
2015	£130,900	£1,327	5
2014	£227,667	£1,264	3
2013	£108,975	£1,461	2
2012	£165,500	£1,806	4
2011	£162,488	£1,401	4
2010	£264,975	£1,618	2
2008	£160,000	£1,606	2
2007	£211,780	£1,530	5
2006	£148,750	£1,173	6
2005	£161,575	£1,654	6
2004	£153,846	£1,187	13
2003	£141,658	£877	6
2002	£114,431	£851	8
2001	£56,125	£663	4
2000	£95,938		4
1999	£70,643	£630	7
1998	£65,000	£367	2
1997	£68,812	£488	8
1996	£45,450	£618	6

House Type in LA4 5NG area

The most common house types in the LA4 5NG postcode area are Terraced (44), Semi-detached (43), and Detached (5).

Total	98
Terraced	44
Semi-detached	43
Detached	5
Flat	5
Shared house	1
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 (48), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	26
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	6
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LA4 5NG have 1 person in household (38), and 2 people in household (38).

1 person in household	38
2 people in household	38
3 people in household	10
5 people in household	6
4 people in household	5
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0