Housing Market Analysis for BANK HOUSE LANE, LA5 0RE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £186,750 median price is £202,500 Standard Deviation is £62,340 with Total Sold: 6
    • The Last 5 Year average price is £222,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 BANK HOUSE LANE: £245,000 (Sold on 14 Aug 2020)
    • The first recorded sale happened at this postcode is 4 BANK HOUSE LANE: £59,500 (Sold on 14 Jul 1997)
  • Semi-Detached
    • The average price is around £73,000 median price is £73,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 BANK HOUSE LANE: £73,000 (Sold on 16 Oct 1998)
    • The first recorded sale happened at this postcode is 6 BANK HOUSE LANE: £73,000 (Sold on 16 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 0RE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£222,500 £3,011 2
2013£241,000 £3,008 1
2010£170,000 £2,122 1
2006£205,000 £3,033 1
1997£59,500 £880 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£73,0001

All the Sales in the BANK HOUSE LANE, LA5 0RE

See the table below for more details on the sold house prices in the LA5 0RE, Lancaster postcode.

AddressSold DatePrice% Change
2 BANK HOUSE LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192914 Aug 2020£245,000First Sale
4 BANK HOUSE LANETerraced, FreeholdArea: 67.6 Sq.mtrAge: 1900-192910 Jan 2020£200,000-2.44%
04 Apr 2006£205,000244.54%
14 Jul 1997£59,500First Sale
8 BANK HOUSE LANETerraced, FreeholdArea: 80.12 Sq.mtrAge: 1930-194917 May 2013£241,00041.76%
05 Jul 2010£170,000First Sale
6 BANK HOUSE LANESemi-Detached, Freehold16 Oct 1998£73,000First Sale

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

BANK HOUSE LANE, LA5 0RE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £274,215 median price is £275,000 Standard Deviation is £139,161 with Total Sold: 351
    • The Last 5 Year average price is £421,855 with Total Sold: 52
    • The most recent sale happened at this postcode is , 11 STONELEIGH COURT: £475,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 26 ST JOHNS AVENUE: £81,000 (Sold on 07 Mar 1995)
  • Semi-Detached
    • The average price is around £229,509 median price is £216,500 Standard Deviation is £130,841 with Total Sold: 105
    • The Last 5 Year average price is £389,263 with Total Sold: 19
    • The most recent sale happened at this postcode is , 1 SPRING BANK: £600,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 8 SPRING BANK: £63,500 (Sold on 17 Apr 1997)
  • Flat
    • The average price is around £137,252 median price is £144,999 Standard Deviation is £45,474 with Total Sold: 29
    • The Last 5 Year average price is £179,083 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16A STANKELT ROAD: £190,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , 16A STANKELT ROAD: £46,000 (Sold on 25 Apr 1996)
  • Terraced
    • The average price is around £190,549 median price is £195,000 Standard Deviation is £107,747 with Total Sold: 78
    • The Last 5 Year average price is £311,141 with Total Sold: 16
    • The most recent sale happened at this postcode is , 6 SHORE COTTAGES: £590,000 (Sold on 16 Oct 2023)
    • The first recorded sale happened at this postcode is , 9 STANKELT ROAD: £102,500 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £387,778 median price is £365,000 Standard Deviation is £330,279 with Total Sold: 9
    • The Last 5 Year average price is £410,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 7 EMESGATE LANE: £75,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , 19C EMESGATE LANE: £425,000 (Sold on 26 Jun 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£427,600 £4,398 5
2023£464,600 £3,847 10
2022£571,125 £3,939 4
2021£379,742 £3,433 6
2020£422,000 £3,109 10
2019£374,676 £3,007 17
2018£343,272 £3,253 9
2017£304,250 £2,302 6
2016£331,021 £2,630 17
2015£332,653 £3,008 16
2014£345,750 £3,297 8
2013£337,883 £2,739 9
2012£340,407 £2,612 10
2011£385,000 £2,739 5
2010£363,800 £2,755 10
2009£355,346 £2,282 13
2008£346,900 £3,508 6
2007£290,358 £2,731 12
2006£317,423 £2,971 13
2005£341,604 £2,548 14
2004£314,085 £2,118 17
2003£253,250 £1,750 12
2002£196,962 £1,541 13
2001£170,297 £1,188 15
2000£131,302 £1,128 24
1999£117,912 £963 17
1998£119,461 £787 16
1997£114,325 £853 12
1996£103,364 £674 9
1995£107,344 £840 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,0001
2023£447,000 £3,907 2
2022£523,333 £3,639 3
2021£373,600 £2,932 5
2020£331,000 £2,760 5
2019£269,667 £3,098 3
2018£370,000 £2,534 1
2017£249,929 £2,544 7
2016£251,583 £2,550 6
2015£233,667 £1,825 3
2014£261,867 £1,703 5
2013£200,167 £2,712 3
2012£370,000 £1,736 1
2011£150,000 £1,899 1
2010£300,000 £3,200 2
2009£155,750 £2,228 4
2008£240,000 £2,308 1
2007£211,290 £2,727 5
2006£309,167 £1,655 3
2005£271,825 £1,682 6
2004£345,833 £1,464 3
2003£200,000 £2,447 3
2002£147,500 £967 2
2001£154,333 £953 3
2000£100,788 £1,031 13
1999£96,400 £748 5
1998£86,500 £290 4
1997£66,200 £851 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,000 £2,745 1
2023£175,000 £2,794 2
2021£178,167 £2,553 3
2018£172,500 £2,515 2
2017£195,000 £2,635 1
2014£133,500 £2,189 1
2013£139,500 £2,012 2
2011£170,000 £2,648 1
2009£100,000 £1,741 1
2008£176,000 £2,649 2
2007£151,500 £2,084 3
2006£137,000 £2,069 2
2005£117,0001
2002£78,160 £1,192 5
1997£49,0001
1996£46,000 £665 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£372,100 £3,332 5
2022£371,500 £3,632 2
2021£318,952 £2,699 5
2020£213,333 £3,078 3
2019£140,000 £1,552 1
2018£285,0001
2017£222,940 £2,628 5
2016£220,000 £2,037 1
2015£167,333 £2,362 3
2014£234,500 £2,248 4
2013£207,000 £2,602 3
2012£220,000 £2,466 1
2010£270,000 £2,909 4
2009£210,000 £2,136 1
2008£185,0001
2007£216,167 £3,134 3
2006£224,700 £2,145 5
2005£147,475 £1,142 2
2004£119,000 £2,942 2
2003£115,500 £1,623 2
2001£112,488 £1,025 4
2000£85,750 £746 2
1999£86,056 £1,095 9
1998£67,983 £689 3
1997£59,500 £880 1
1996£50,000 £395 2
1995£71,167 £556 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,000 £469 2
2022£1,250,000 £3,463 1
2020£425,000 £2,005 1
2019£175,000 £2,532 2
2017£175,000 £2,536 1
2015£425,0002

House Type in LA5 0RE area

The most common house types in the LA5 0RE postcode area are Detached (63), Semi-detached (34), and Terraced (11).

Total124
Detached63
Semi-detached34
Terraced11
Flat10
Shared house3
commercial building2
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright74
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency14
Private rented: Other private rented6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LA5 0RE have 2 people in household (48), and 1 person in household (38).

2 people in household48
1 person in household38
3 people in household26
4 people in household7
6 people in household2
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0