Housing Market Analysis for PROMENADE, LA5 0AA

Are you looking to understand LA5 0AA 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 LA5 0AA area, explore the LA5 0AA Area information page.
For comprehensive crime statistics in the LA5 0AA area, explore the LA5 0AA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA5 0AA postcode area, The average prices are as follows,

  • Flat
    • The average price is around £225,400 median price is £219,000 Standard Deviation is £150,219 with Total Sold: 5
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 1, GROSVENOR HOUSE, 45 THE PROMENADE: £495,000 (Sold on 21 May 2021)
    • The first recorded sale happened at this postcode is FLAT 2, SHORTACRE, 42 PROMENADE: £38,000 (Sold on 10 Jul 1996)
  • Terraced
    • The average price is around £440,875 median price is £449,250 Standard Deviation is £211,317 with Total Sold: 4
    • The Last 5 Year average price is £730,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 43 THE PROMENADE: £730,000 (Sold on 29 Mar 2021)
    • The first recorded sale happened at this postcode is 43 PROMENADE: £135,000 (Sold on 19 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 0AA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£495,000 £5,296 1
2018£220,000 £3,277 1
2015£219,000 £3,262 1
2008£155,0001
1996£38,000 £566 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£730,0001
2016£475,0001
2006£423,5001
1998£135,0001

All the Sales in the PROMENADE, LA5 0AA

See the table below for more details on the sold house prices in the LA5 0AA, South Lakeland postcode.

AddressSold DatePrice% Change
FLAT 1, GROSVENOR HOUSE, 45 THE PROMENADEFlat, FreeholdArea: 93.47 Sq.mtrAge: before 190021 May 2021£495,000First Sale
43 THE PROMENADETerraced, Freehold29 Mar 2021£730,000First Sale
FLAT 2, SHORTACRE, 42 PROMENADEFlat, LeaseholdArea: 67.13 Sq.mtrAge: before 190012 Feb 2018£220,0000.46%
24 Mar 2015£219,000476.32%
10 Jul 1996£38,000First Sale
WOODCROFT, 44 PROMENADETerraced, Freehold15 Nov 2016£475,000First Sale
FLAT 3, SHORTACRE, 42 PROMENADEFlat, Leasehold29 Aug 2008£155,000First Sale
43 PROMENADETerraced, Freehold16 Nov 2006£423,500213.70%
19 Mar 1998£135,000First Sale

Check out the sold house prices near the LA5 0AA postcode. Properties currently for saleProperties currently for rent

PROMENADE, LA5 0AA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA5 0AA 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 LA5 0AA postcode.

  • Detached
    • The average price is around £262,728 median price is £250,000 Standard Deviation is £150,205 with Total Sold: 233
    • The Last 5 Year average price is £406,117 with Total Sold: 40
    • The most recent sale happened at this postcode is , 25 INGLEMERE CLOSE: £410,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 45 REDHILLS ROAD: £120,000 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £155,803 median price is £152,000 Standard Deviation is £87,500 with Total Sold: 380
    • The Last 5 Year average price is £249,744 with Total Sold: 72
    • The most recent sale happened at this postcode is FLAT 2, MOUNTAIN VIEW, 11 THE PROMENADE: £335,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is FLAT 9, ASHLEIGH COURT STATION ROAD: £79,500 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £190,108 median price is £170,000 Standard Deviation is £121,388 with Total Sold: 116
    • The Last 5 Year average price is £315,344 with Total Sold: 17
    • The most recent sale happened at this postcode is , 23 SILVERDALE ROAD: £375,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 5 MEADOW BANK: £58,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £357,433 median price is £265,000 Standard Deviation is £289,564 with Total Sold: 15
    • The Last 5 Year average price is £359,333 with Total Sold: 9
    • The most recent sale happened at this postcode is , KNOTTLANDS HIGH KNOTT ROAD: £675,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 31 THE PROMENADE: £115,000 (Sold on 30 Apr 2012)
  • Semi-Detached
    • The average price is around £205,215 median price is £185,000 Standard Deviation is £124,701 with Total Sold: 230
    • The Last 5 Year average price is £355,326 with Total Sold: 33
    • The most recent sale happened at this postcode is , THE SHIELINGS HIGH KNOTT ROAD: £492,500 (Sold on 18 Sep 2023)
    • The first recorded sale happened at this postcode is , 77 SILVERDALE ROAD: £48,000 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£423,333 £3,667 3
2023£468,333 £5,032 3
2022£441,067 £3,490 10
2021£359,200 £3,147 10
2020£355,500 £3,570 5
2019£421,056 £3,239 9
2018£446,000 £2,816 7
2017£259,200 £2,933 5
2016£331,600 £2,767 5
2015£375,750 £2,644 8
2014£258,769 £2,222 13
2013£309,050 £2,428 8
2012£293,431 £2,765 8
2011£265,600 £2,013 5
2010£312,250 £2,192 5
2009£410,000 £2,478 2
2008£395,750 £2,300 4
2007£337,722 £2,538 9
2006£348,583 £2,734 6
2005£322,000 £2,865 10
2004£254,939 £2,354 9
2003£208,772 £1,917 9
2002£181,450 £1,757 16
2001£152,850 £1,228 10
2000£137,250 £896 6
1999£96,312 £1,069 8
1998£101,781 £840 8
1997£100,955 £833 11
1996£71,625 £772 8
1995£105,000 £917 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,0001
2023£218,514 £3,312 9
2022£223,633 £2,932 15
2021£298,182 £4,061 22
2020£224,772 £2,398 9
2019£233,906 £2,523 16
2018£180,231 £2,476 13
2017£209,167 £3,125 6
2016£172,792 £2,735 12
2015£203,889 £2,520 9
2014£190,331 £2,437 8
2013£179,329 £2,453 12
2012£174,458 £2,455 12
2011£157,167 £2,281 6
2010£186,077 £2,384 13
2009£187,000 £2,578 11
2008£212,043 £2,283 7
2007£240,468 £2,887 17
2006£172,615 £2,462 17
2005£136,717 £2,551 9
2004£139,600 £1,948 10
2003£111,632 £1,666 22
2002£97,118 £1,363 19
2001£83,857 £1,110 14
2000£60,653 £893 16
1999£72,865 £805 16
1998£57,912 £881 16
1997£63,775 £977 20
1996£67,085 £900 17
1995£73,833 £1,010 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£292,000 £3,159 3
2023£348,750 £2,981 1
2022£327,0001
2021£332,301 £2,717 7
2020£237,667 £2,587 3
2019£385,0002
2018£246,000 £2,360 4
2017£253,333 £2,303 3
2016£208,725 £1,870 6
2015£253,400 £1,873 5
2014£247,333 £1,938 3
2013£212,375 £2,281 4
2012£178,917 £2,035 6
2011£203,333 £1,845 3
2010£210,500 £1,567 3
2008£327,500 £2,517 2
2007£255,500 £2,437 3
2006£271,917 £2,311 6
2005£187,900 £1,204 5
2004£171,408 £1,916 6
2003£158,112 £1,896 4
2002£71,300 £959 1
2001£95,045 £740 10
2000£59,500 £454 2
1999£73,489 £720 7
1998£89,200 £636 5
1997£71,188 £736 4
1996£54,000 £306 2
1995£74,900 £624 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£552,5002
2023£335,000 £4,241 1
2022£120,000 £753 2
2021£172,500 £1,860 2
2020£604,5002
2018£445,000 £2,072 3
2014£338,7502
2012£115,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£336,438 £3,184 4
2022£433,300 £3,138 10
2021£343,571 £3,140 7
2020£263,500 £2,723 4
2019£323,500 £2,206 8
2018£283,850 £2,649 5
2017£324,000 £2,573 9
2016£308,571 £2,761 7
2015£237,857 £2,162 7
2014£183,571 £1,843 7
2013£262,992 £2,648 6
2012£152,150 £1,864 5
2011£252,590 £2,097 5
2010£235,857 £2,425 7
2009£296,357 £1,770 7
2008£283,667 £2,884 3
2007£232,571 £2,500 7
2006£262,458 £2,324 13
2005£227,333 £2,204 3
2004£202,850 £1,851 7
2003£185,965 £1,632 17
2002£139,575 £1,126 12
2001£89,242 £835 6
2000£101,705 £828 8
1999£104,705 £793 14
1998£78,850 £742 15
1997£67,000 £755 11
1996£61,375 £809 8
1995£80,806 £729 8

House Type in LA5 0AA area

The most common house types in the LA5 0AA postcode area are Semi-detached (33), Detached (26), and Shared house (22).

Total116
Semi-detached33
Detached26
Shared house22
Terraced19
converted building9
Flat6
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright67
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency10
Private rented: Other private rented6
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LA5 0AA have 2 people in household (47), and 1 person in household (44).

2 people in household47
1 person in household44
4 people in household12
3 people in household9
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0