Housing Market Analysis for ST MICHAELS LANE, LA5 8LA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £174,058 median price is £186,500 Standard Deviation is £61,533 with Total Sold: 6
    • The Last 5 Year average price is £269,950 with Total Sold: 1
    • The most recent sale happened at this postcode is 21 ST MICHAELS LANE: £269,950 (Sold on 24 May 2022)
    • The first recorded sale happened at this postcode is 23 ST MICHAELS LANE: £66,400 (Sold on 24 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8LA 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
2022£269,950 £3,912 1
2018£190,000 £2,754 1
2015£167,500 £2,428 2
2011£183,000 £2,201 1
1997£66,4001

All the Sales in the ST MICHAELS LANE, LA5 8LA

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

AddressSold DatePrice% Change
21 ST MICHAELS LANEDetached, FreeholdArea: 69 Sq.mtrAge: 1976-198224 May 2022£269,95042.08%
20 Aug 2018£190,000-2.56%
02 Sep 2015£195,00039.29%
16 Jan 2015£140,000First Sale
28 ST MICHAELS LANEDetached, FreeholdArea: 83.14 Sq.mtrAge: 1950-196606 Jan 2011£183,000First Sale
23 ST MICHAELS LANEDetached, Freehold24 Sep 1997£66,400First Sale

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

ST MICHAELS LANE, LA5 8LA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £134,899 median price is £142,000 Standard Deviation is £69,058 with Total Sold: 544
    • The Last 5 Year average price is £208,415 with Total Sold: 101
    • The most recent sale happened at this postcode is , 2 SUNNYBANK ROAD: £269,950 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 WORDSWORTH AVENUE: £56,500 (Sold on 10 Mar 1995)
  • Detached
    • The average price is around £200,139 median price is £186,250 Standard Deviation is £109,782 with Total Sold: 416
    • The Last 5 Year average price is £292,628 with Total Sold: 82
    • The most recent sale happened at this postcode is , 1 BEECH TREE CLOSE: £338,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 MONKSWELL DRIVE: £48,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £126,748 median price is £125,000 Standard Deviation is £71,842 with Total Sold: 106
    • The Last 5 Year average price is £171,471 with Total Sold: 17
    • The most recent sale happened at this postcode is , 1A TOWN END: £220,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 BROOKFIELD CLOSE: £44,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £193,255 median price is £212,500 Standard Deviation is £81,623 with Total Sold: 31
    • The Last 5 Year average price is £221,045 with Total Sold: 11
    • The most recent sale happened at this postcode is , 56A MAIN ROAD: £60,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 12 THE GREEN: £98,500 (Sold on 30 Apr 1999)
  • Other
    • The average price is around £568,222 median price is £350,000 Standard Deviation is £595,223 with Total Sold: 9
    • The Last 5 Year average price is £294,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 37 MAIN ROAD: £60,000 (Sold on 06 Feb 2024)
    • The first recorded sale happened at this postcode is , 68 MAIN ROAD: £2,139,996 (Sold on 23 Jun 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,890 £2,267 5
2023£232,700 £2,738 10
2022£243,279 £3,001 17
2021£213,896 £2,490 25
2020£182,667 £2,331 26
2019£186,719 £2,150 18
2018£192,531 £2,072 16
2017£168,611 £2,078 18
2016£175,445 £2,145 19
2015£160,268 £2,203 11
2014£174,679 £1,944 14
2013£153,272 £1,870 16
2012£137,850 £1,960 10
2011£170,177 £2,052 13
2010£172,417 £2,280 15
2009£174,704 £1,640 13
2008£173,223 £2,059 11
2007£167,130 £1,965 15
2006£161,957 £1,948 27
2005£143,035 £1,632 13
2004£150,760 £2,015 21
2003£107,208 £1,327 20
2002£77,355 £1,084 23
2001£66,362 £784 28
2000£68,196 £821 28
1999£64,625 £747 22
1998£58,686 £725 25
1997£60,045 £745 24
1996£46,405 £575 28
1995£49,727 £771 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,0001
2023£286,778 £3,104 9
2022£325,809 £3,350 16
2021£293,056 £2,667 17
2020£290,857 £2,678 29
2019£244,675 £2,420 10
2018£272,609 £2,401 16
2017£242,867 £2,118 15
2016£273,500 £2,051 10
2015£194,325 £2,519 14
2014£256,036 £2,103 14
2013£238,429 £2,159 7
2012£229,875 £2,568 8
2011£240,500 £2,162 9
2010£228,667 £2,451 9
2009£232,645 £1,813 10
2008£206,661 £2,279 9
2007£258,176 £2,061 17
2006£237,759 £2,307 17
2005£182,550 £2,011 10
2004£214,996 £1,754 14
2003£187,545 £1,914 23
2002£130,066 £1,208 22
2001£115,398 £1,038 22
2000£90,531 £981 16
1999£95,338 £946 13
1998£72,000 £819 10
1997£85,180 £905 16
1996£79,928 £885 23
1995£71,125 £681 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0002
2023£208,000 £2,414 3
2022£325,0001
2021£168,333 £2,489 3
2020£126,400 £2,002 5
2019£149,000 £1,627 3
2018£144,200 £2,093 5
2017£142,625 £1,854 4
2016£137,0001
2015£215,000 £2,176 2
2014£153,375 £1,769 4
2013£141,975 £2,048 2
2012£225,167 £2,141 3
2011£217,250 £1,929 4
2010£168,667 £2,224 3
2009£160,000 £1,378 2
2008£245,000 £946 1
2007£110,667 £1,641 3
2006£142,212 £2,045 8
2005£176,667 £1,891 3
2004£148,500 £1,656 3
2003£124,983 £1,901 3
2002£68,809 £933 11
2001£92,333 £962 6
2000£33,0001
1999£46,688 £733 4
1998£56,250 £620 2
1997£58,200 £339 5
1996£43,812 £668 8
1995£44,000 £585 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,0001
2023£64,000 £1,000 1
2022£276,667 £3,460 3
2021£296,500 £3,294 2
2019£221,125 £2,728 4
2018£251,238 £3,083 4
2017£253,700 £3,079 4
2014£180,500 £1,228 2
2013£135,000 £2,411 1
2011£130,000 £1,857 1
2010£186,250 £1,302 1
2006£137,000 £1,957 1
2002£116,633 £1,361 3
2000£71,000 £483 2
1999£98,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£60,0001
2022£385,000 £2,542 2
2021£157,000 £2,453 1
2019£487,0001
2017£500,000 £3,193 3
2016£2,139,9961

House Type in LA5 8LA area

The most common house types in the LA5 8LA postcode area are Detached (93), Semi-detached (47), and Terraced (6).

Total150
Detached93
Semi-detached47
Terraced6
Flat3
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright73
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LA5 8LA have 2 people in household (59), and 1 person in household (44).

2 people in household59
1 person in household44
3 people in household20
4 people in household19
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0