Housing Market Analysis for ST MICHAELS LANE, LA5 8LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £201,125 median price is £193,000 Standard Deviation is £102,700 with Total Sold: 8
    • The Last 5 Year average price is £239,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 19 ST MICHAELS LANE: £239,000 (Sold on 14 Mar 2022)
    • The first recorded sale happened at this postcode is 16 ST MICHAELS LANE: £128,000 (Sold on 21 Aug 1998)
  • Semi-Detached
    • The average price is around £195,000 median price is £160,000 Standard Deviation is £132,963 with Total Sold: 3
    • The Last 5 Year average price is £266,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 20 ST MICHAELS LANE: £372,500 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 17 ST MICHAELS LANE: £160,000 (Sold on 10 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8LB 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£239,000 £3,127 1
2015£147,000 £1,923 1
2010£355,0001
2004£335,0001
2003£245,0001
2001£110,0001
1998£89,000 £654 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£372,500 £2,642 1
1999£52,500 £761 1
2023£160,000 £2,319 1

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

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

AddressSold DatePrice% Change
19 ST MICHAELS LANEDetached, FreeholdArea: 76.43 Sq.mtrAge: 1950-196614 Mar 2022£239,00062.59%
10 Aug 2015£147,000194.00%
11 Dec 1998£50,000First Sale
20 ST MICHAELS LANESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1900-192918 Dec 2020£372,500First Sale
16 ST MICHAELS LANEDetached, Freehold25 Aug 2010£355,000177.34%
21 Aug 1998£128,000First Sale
18 ST MICHAELS LANEDetached, Freehold19 Nov 2004£335,00036.73%
28 Jul 2003£245,000First Sale
22 ST MICHAELS LANEDetached, Freehold23 Aug 2001£110,000First Sale
17 ST MICHAELS LANESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1950-196615 Jan 1999£52,500-67.19%
10 Nov 2023£160,000First Sale

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

ST MICHAELS LANE, LA5 8LB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £134,697 median price is £142,000 Standard Deviation is £68,911 with Total Sold: 539
    • The Last 5 Year average price is £208,357 with Total Sold: 99
    • 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 £204,099 median price is £190,000 Standard Deviation is £110,844 with Total Sold: 393
    • The Last 5 Year average price is £301,691 with Total Sold: 76
    • 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£240,359 £2,959 16
2021£213,896 £2,490 25
2020£182,667 £2,331 26
2019£189,908 £2,165 17
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£173,731 £1,911 13
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£106,113 £1,305 19
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£50,038 £799 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,0001
2023£286,778 £3,104 9
2022£325,809 £3,350 16
2021£297,934 £2,691 16
2020£305,110 £2,689 26
2019£262,094 £2,313 8
2018£278,783 £2,374 15
2017£242,867 £2,118 15
2016£273,500 £2,051 10
2015£198,004 £2,566 13
2014£256,036 £2,103 14
2013£238,429 £2,159 7
2012£233,429 £2,494 7
2011£240,500 £2,162 9
2010£228,667 £2,451 9
2009£232,645 £1,813 10
2008£214,994 £2,335 8
2007£258,176 £2,061 17
2006£243,193 £2,242 15
2005£182,550 £2,011 10
2004£218,457 £1,675 13
2003£189,708 £1,861 22
2002£131,593 £1,188 21
2001£117,938 £1,038 20
2000£90,531 £981 16
1999£101,950 £990 11
1998£73,333 £803 9
1997£90,206 £949 14
1996£79,928 £885 23
1995£73,639 £666 9
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 8LB area

The most common house types in the LA5 8LB 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 8LB 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