Housing Market Analysis for COVE LANE, LA5 0SZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £795,000 median price is £795,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £795,000 with Total Sold: 1
    • The most recent sale happened at this postcode is COVE LEA COVE LANE: £795,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is COVE LEA COVE LANE: £795,000 (Sold on 28 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 0SZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£795,000 £3,768 1

All the Sales in the COVE LANE, LA5 0SZ

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

AddressSold DatePrice% Change
COVE LEA COVE LANESemi-Detached, FreeholdArea: 211 Sq.mtrAge: before 190028 Jun 2021£795,000First Sale

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

COVE LANE, LA5 0SZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £285,444 median price is £250,000 Standard Deviation is £179,748 with Total Sold: 139
    • The Last 5 Year average price is £427,725 with Total Sold: 20
    • The most recent sale happened at this postcode is , 1 BIRCH DRIVE: £408,000 (Sold on 25 Jul 2024)
    • The first recorded sale happened at this postcode is , SUNNYSIDE COVE ROAD: £75,000 (Sold on 21 Feb 1995)
  • Semi-Detached
    • The average price is around £252,271 median price is £250,000 Standard Deviation is £150,927 with Total Sold: 55
    • The Last 5 Year average price is £382,307 with Total Sold: 15
    • The most recent sale happened at this postcode is 2, COVE ORCHARD COVE ROAD: £277,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 2 WALLINGS LANE: £76,000 (Sold on 17 Nov 1995)
  • Terraced
    • The average price is around £216,814 median price is £220,000 Standard Deviation is £72,507 with Total Sold: 31
    • The Last 5 Year average price is £287,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , ELM HOUSE COVE ROAD: £375,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 15 TOWNSFIELD: £45,000 (Sold on 31 Jul 1996)
  • Other
    • The average price is around £389,000 median price is £425,000 Standard Deviation is £154,577 with Total Sold: 5
    • The Last 5 Year average price is £585,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SUNNYSIDE COVE ROAD: £585,000 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is , OLD COVE LEA COVE ROAD: £510,000 (Sold on 30 Sep 2016)
  • Flat
    • The average price is around £133,800 median price is £155,000 Standard Deviation is £45,952 with Total Sold: 3
    • The Last 5 Year average price is £176,400 with Total Sold: 1
    • The most recent sale happened at this postcode is 8, COVE ORCHARD COVE ROAD: £176,400 (Sold on 24 May 2019)
    • The first recorded sale happened at this postcode is , OAK COTTAGE COVE ROAD: £70,000 (Sold on 05 May 2011)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£408,0001
2023£656,000 £3,834 4
2022£600,000 £5,042 1
2021£420,000 £3,658 2
2020£240,500 £2,361 2
2019£360,150 £2,831 10
2018£606,000 £1,727 2
2017£398,750 £2,103 4
2016£406,575 £2,279 8
2015£358,369 £2,902 8
2014£332,500 £2,476 2
2013£375,000 £2,398 2
2012£267,500 £2,479 2
2011£356,667 £3,076 3
2010£435,000 £2,825 1
2009£279,375 £2,251 4
2008£337,500 £2,789 1
2007£476,000 £2,609 2
2006£390,375 £2,912 8
2005£495,000 £2,245 2
2004£287,500 £2,786 4
2003£293,333 £1,952 6
2002£206,542 £1,383 12
2001£197,033 £1,579 6
2000£146,969 £1,018 8
1999£145,786 £924 7
1998£145,000 £1,011 7
1997£144,250 £779 4
1996£102,129 £857 6
1995£124,900 £765 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£309,400 £3,120 4
2022£478,333 £3,357 3
2021£427,800 £3,146 5
2020£332,500 £2,883 2
2019£258,000 £3,266 1
2017£327,500 £3,271 2
2016£363,000 £2,762 5
2014£194,667 £1,771 2
2013£218,000 £2,868 1
2012£405,000 £3,092 1
2009£233,250 £2,228 2
2008£240,000 £2,308 1
2007£306,250 £2,902 4
2005£202,500 £2,069 2
2004£157,483 £1,433 3
2003£270,000 £1,337 1
2002£165,000 £1,320 1
2001£151,000 £948 2
2000£107,300 £1,107 5
1999£70,667 £476 3
1998£94,0001
1997£83,750 £786 2
1995£51,000 £574 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£375,000 £4,167 1
2021£277,000 £2,876 5
2019£250,000 £3,289 1
2017£228,917 £2,746 3
2015£230,000 £2,018 1
2014£219,750 £2,221 4
2013£216,833 £2,515 6
2012£220,000 £2,466 1
2011£200,000 £1,926 1
2009£210,000 £2,136 1
2006£335,0001
2003£185,000 £1,623 1
2000£141,750 £991 2
1998£68,000 £692 2
1996£45,000 £395 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£585,000 £2,555 1
2017£283,333 £1,977 3
2016£510,000 £1,717 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£176,400 £2,352 1
2015£155,000 £2,067 1
2011£70,000 £1,201 1

House Type in LA5 0SZ area

The most common house types in the LA5 0SZ 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 0SZ 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