Housing Market Analysis for WESTFIELD HAMLET, LA5 8AF

Are you looking to understand LA5 8AF 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 8AF area, explore the LA5 8AF Area information page.
For comprehensive crime statistics in the LA5 8AF area, explore the LA5 8AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA5 8AF postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £212,545 median price is £177,000 Standard Deviation is £83,442 with Total Sold: 11
    • The Last 5 Year average price is £330,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 WESTFIELD HAMLET: £340,000 (Sold on 07 Apr 2021)
    • The first recorded sale happened at this postcode is 2 WESTFIELD HAMLET: £120,000 (Sold on 08 Jan 2001)
  • Semi-Detached
    • The average price is around £191,500 median price is £191,500 Standard Deviation is £58,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 WESTFIELD HAMLET: £250,000 (Sold on 22 Oct 2010)
    • The first recorded sale happened at this postcode is 4 WESTFIELD HAMLET: £133,000 (Sold on 01 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8AF 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
2021£340,000 £3,063 1
2019£320,000 £2,883 1
2017£280,000 £2,331 2
2013£265,000 £1,978 1
2003£154,000 £1,135 3
2002£100,000 £877 1
2001£145,500 £1,081 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£250,000 £2,101 1
2001£133,000 £1,118 1

All the Sales in the WESTFIELD HAMLET, LA5 8AF

See the table below for more details on the sold house prices in the LA5 8AF, Lancaster postcode.

AddressSold DatePrice% Change
2 WESTFIELD HAMLETTerraced, FreeholdArea: 111 Sq.mtrAge: before 190007 Apr 2021£340,0006.25%
05 Mar 2019£320,000166.67%
08 Jan 2001£120,000First Sale
3 WESTFIELD HAMLETTerraced, FreeholdArea: 126 Sq.mtrAge: 2003-200607 Aug 2017£300,000172.73%
15 Jan 2003£110,000First Sale
1 WESTFIELD HAMLETTerraced, FreeholdArea: 114 Sq.mtrAge: before 190017 Mar 2017£260,000160.00%
27 Feb 2002£100,000First Sale
6 WESTFIELD HAMLETTerraced, FreeholdArea: 134 Sq.mtrAge: 1996-200227 Feb 2013£265,00051.43%
17 Oct 2003£175,000First Sale
4 WESTFIELD HAMLETSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1996-200222 Oct 2010£250,00087.97%
01 Oct 2001£133,000First Sale
5 WESTFIELD HAMLETTerraced, FreeholdArea: 144.35 Sq.mtrAge: 1996-200207 Jul 2003£177,000First Sale
7 WESTFIELD HAMLETTerraced, Freehold03 Sep 2001£171,000First Sale

Check out the sold house prices near the LA5 8AF postcode. Properties currently for saleProperties currently for rent

WESTFIELD HAMLET, LA5 8AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA5 8AF 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 8AF postcode.

  • Terraced
    • The average price is around £212,545 median price is £177,000 Standard Deviation is £83,442 with Total Sold: 11
    • The Last 5 Year average price is £330,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 WESTFIELD HAMLET: £340,000 (Sold on 07 Apr 2021)
    • The first recorded sale happened at this postcode is , 2 WESTFIELD HAMLET: £120,000 (Sold on 08 Jan 2001)
  • Semi-Detached
    • The average price is around £191,500 median price is £191,500 Standard Deviation is £58,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 WESTFIELD HAMLET: £250,000 (Sold on 22 Oct 2010)
    • The first recorded sale happened at this postcode is , 4 WESTFIELD HAMLET: £133,000 (Sold on 01 Oct 2001)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£340,000 £3,063 1
2019£320,000 £2,883 1
2017£280,000 £2,331 2
2013£265,000 £1,978 1
2003£154,000 £1,135 3
2002£100,000 £877 1
2001£145,500 £1,081 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£250,000 £2,101 1
2001£133,000 £1,118 1

House Type in LA5 8AF area

The most common house types in the LA5 8AF postcode area are Semi-detached (100), Detached (48), and Terraced (16).

Total165
Semi-detached100
Detached48
Terraced16
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (69).

Owned: Owns outright76
Owned: Owns with a mortgage or loan69
Private rented: Private landlord or letting agency14
Private rented: Other private rented3
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 8AF have 2 people in household (65), and 1 person in household (39).

2 people in household65
1 person in household39
3 people in household35
4 people in household15
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0