Housing Market Analysis for CHERRY TREE CLOSE, LA5 8AY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £222,625 median price is £180,000 Standard Deviation is £128,576 with Total Sold: 8
    • The most recent sale happened at this postcode is 11 CHERRY TREE CLOSE: £494,500 (Sold on 11 Dec 2018)
    • The first recorded sale happened at this postcode is 11 CHERRY TREE CLOSE: £140,000 (Sold on 09 Aug 1995)
  • Semi-Detached
    • The average price is around £168,000 median price is £180,000 Standard Deviation is £47,308 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 CHERRY TREE CLOSE: £180,000 (Sold on 16 Feb 2018)
    • The first recorded sale happened at this postcode is 3 CHERRY TREE CLOSE: £105,000 (Sold on 23 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8AY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£494,500 £2,497 1
2008£210,0001
2006£357,000 £4,824 1
2001£117,5002
1999£217,000 £1,096 1
1997£127,5001
1995£140,000 £707 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£180,000 £1,856 1
2007£219,0001
2002£105,0001

All the Sales in the CHERRY TREE CLOSE, LA5 8AY

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

AddressSold DatePrice% Change
11 CHERRY TREE CLOSEDetached, FreeholdArea: 198 Sq.mtrAge: 1967-197511 Dec 2018£494,500127.88%
09 Apr 1999£217,00055.00%
09 Aug 1995£140,000First Sale
1 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-197516 Feb 2018£180,000First Sale
7 CHERRY TREE CLOSEDetached, Freehold05 Sep 2008£210,000147.06%
22 Mar 2001£85,000First Sale
3 CHERRY TREE CLOSESemi-Detached, Freehold25 Apr 2007£219,000108.57%
23 Aug 2002£105,000First Sale
10 CHERRY TREE CLOSEDetached, FreeholdArea: 74 Sq.mtrAge: 1976-198209 Oct 2006£357,000First Sale
2 CHERRY TREE CLOSEDetached, Freehold16 Jan 2001£150,000First Sale
6 CHERRY TREE CLOSEDetached, Freehold21 Mar 1997£127,500First Sale

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

CHERRY TREE CLOSE, LA5 8AY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £278,386 median price is £270,000 Standard Deviation is £144,789 with Total Sold: 363
    • The Last 5 Year average price is £451,274 with Total Sold: 56
    • The most recent sale happened at this postcode is , 21 HATLEX LANE: £1,200,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is , 11 ASHWORTH DRIVE: £325,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £142,541 median price is £155,000 Standard Deviation is £69,875 with Total Sold: 79
    • The Last 5 Year average price is £215,357 with Total Sold: 14
    • The most recent sale happened at this postcode is , 74 SWALLOW CLOSE: £228,000 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 8 EASEDALE CLOSE: £59,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £165,763 median price is £171,500 Standard Deviation is £80,745 with Total Sold: 360
    • The Last 5 Year average price is £259,054 with Total Sold: 55
    • The most recent sale happened at this postcode is , 41 CHURCH BROW: £200,000 (Sold on 07 Feb 2024)
    • The first recorded sale happened at this postcode is , 17 SLYNE ROAD: £92,500 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £342,400 median price is £406,000 Standard Deviation is £175,427 with Total Sold: 5
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 GREENACRE ROAD: £365,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 44 SWALLOW CLOSE: £480,000 (Sold on 24 Feb 2016)
  • Flat
    • The average price is around £84,562 median price is £94,000 Standard Deviation is £32,901 with Total Sold: 8
    • The most recent sale happened at this postcode is , 4 GREENWOOD COURT: £118,000 (Sold on 08 Apr 2016)
    • The first recorded sale happened at this postcode is 3, GARSDALE COURT GREENWOOD AVENUE: £54,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£608,750 £3,079 4
2023£475,187 £3,169 12
2022£502,444 £3,821 9
2021£433,498 £3,409 19
2020£364,638 £2,654 12
2019£297,812 £2,451 8
2018£356,497 £2,671 18
2017£328,604 £2,844 23
2016£334,502 £2,512 25
2015£297,828 £2,550 20
2014£298,083 £2,346 12
2013£353,222 £2,589 9
2012£289,100 £1,918 5
2011£323,158 £2,529 6
2010£257,658 £2,261 18
2009£255,100 £2,126 5
2008£317,500 £2,501 4
2007£298,350 £2,382 10
2006£284,638 £2,501 10
2005£253,228 £2,031 8
2004£264,815 £2,158 10
2003£198,444 £1,460 9
2002£192,689 £1,572 18
2001£146,144 £1,112 17
2000£179,996 £968 12
1999£144,954 £1,042 12
1998£116,000 £922 11
1997£122,297 £861 15
1996£107,833 £822 6
1995£117,688 £618 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£228,000 £3,508 2
2023£208,000 £2,667 1
2022£226,000 £2,489 5
2021£206,000 £2,396 3
2020£201,000 £2,220 3
2019£230,000 £2,002 2
2018£160,000 £1,747 2
2017£191,983 £2,329 3
2016£167,000 £2,140 2
2015£250,000 £2,232 1
2014£151,250 £1,574 2
2013£212,700 £2,036 5
2012£220,000 £1,964 1
2011£174,500 £1,873 2
2007£177,500 £1,546 2
2006£167,136 £1,599 7
2004£156,317 £1,348 3
2003£136,967 £1,419 3
2002£83,629 £991 7
2001£49,500 £913 2
2000£66,067 £604 3
1999£73,100 £648 5
1998£57,290 £650 5
1997£54,725 £491 2
1996£62,750 £674 2
1995£49,125 £489 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£310,125 £3,032 8
2022£287,833 £2,867 12
2021£244,342 £2,572 19
2020£231,363 £2,242 15
2019£223,476 £2,325 21
2018£194,290 £1,877 10
2017£210,028 £2,330 9
2016£179,843 £2,228 7
2015£188,645 £2,108 10
2014£215,500 £2,070 8
2013£213,850 £1,879 10
2012£189,786 £1,972 14
2011£205,333 £2,084 6
2010£231,167 £2,067 6
2009£219,318 £2,062 11
2008£199,707 £1,917 7
2007£195,950 £1,964 10
2006£193,529 £1,952 17
2005£174,140 £1,484 10
2004£176,136 £1,768 11
2003£144,874 £1,456 21
2002£98,926 £1,058 25
2001£86,871 £843 14
2000£70,041 £810 11
1999£69,600 £714 12
1998£70,746 £727 13
1997£70,300 £605 10
1996£57,859 £560 16
1995£62,000 £618 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,000 £3,093 1
2021£460,0001
2019£1,000 £11 1
2018£406,0001
2016£480,000 £4,571 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£121,500 £1,913 2
2007£110,000 £1,683 1
2006£83,000 £1,409 1
2005£105,000 £1,615 1
2001£46,500 £740 1
2000£35,000 £740 1
1995£54,000 £859 1

House Type in LA5 8AY area

The most common house types in the LA5 8AY postcode area are Detached (71), Semi-detached (42), and Terraced (36).

Total154
Detached71
Semi-detached42
Terraced36
Flat3
converted building1
temporary structure1
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (64).

Owned: Owns outright64
Owned: Owns with a mortgage or loan64
Social rented: Other social rented9
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership7
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LA5 8AY have 2 people in household (66), and 1 person in household (29).

2 people in household66
1 person in household29
3 people in household27
4 people in household22
5 people in household8
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0