Housing Market Analysis for ST MICHAELS CLOSE, LA5 8LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £217,000 median price is £225,000 Standard Deviation is £62,863 with Total Sold: 7
    • The Last 5 Year average price is £276,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 ST MICHAELS CLOSE: £285,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 2 ST MICHAELS CLOSE: £102,000 (Sold on 16 Aug 2002)
  • Semi-Detached
    • The average price is around £165,000 median price is £165,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 ST MICHAELS CLOSE: £165,000 (Sold on 22 Aug 2005)
    • The first recorded sale happened at this postcode is 6 ST MICHAELS CLOSE: £165,000 (Sold on 22 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8LE 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
2021£285,000 £3,800 1
2020£285,000 £2,436 1
2019£260,000 £3,467 1
2008£225,000 £1,923 1
2007£199,5001
2003£162,5001
2002£102,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£165,000 £1,375 1

All the Sales in the ST MICHAELS CLOSE, LA5 8LE

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

AddressSold DatePrice% Change
4 ST MICHAELS CLOSEDetached, FreeholdArea: 75 Sq.mtrAge: 1967-197529 Jun 2021£285,0009.62%
19 Nov 2019£260,000First Sale
3 ST MICHAELS CLOSEDetached, FreeholdArea: 117 Sq.mtrAge: 1967-197523 Mar 2020£285,00026.67%
11 Jan 2008£225,000First Sale
7 ST MICHAELS CLOSEDetached, Freehold04 May 2007£199,50022.77%
08 Dec 2003£162,500First Sale
6 ST MICHAELS CLOSESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1950-196622 Aug 2005£165,000First Sale
2 ST MICHAELS CLOSEDetached, Freehold16 Aug 2002£102,000First Sale

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

ST MICHAELS CLOSE, LA5 8LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £135,540 median price is £142,250 Standard Deviation is £70,011 with Total Sold: 556
    • The Last 5 Year average price is £210,727 with Total Sold: 103
    • 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 £209,946 median price is £192,250 Standard Deviation is £118,100 with Total Sold: 440
    • The Last 5 Year average price is £308,820 with Total Sold: 86
    • 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 £127,220 median price is £125,000 Standard Deviation is £72,706 with Total Sold: 117
    • The Last 5 Year average price is £171,225 with Total Sold: 20
    • 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 £597,198 median price is £415,000 Standard Deviation is £571,330 with Total Sold: 10
    • The Last 5 Year average price is £388,664 with Total Sold: 6
    • 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£221,823 £2,497 26
2020£184,606 £2,321 27
2019£186,719 £2,150 18
2018£192,531 £2,072 16
2017£168,611 £2,078 18
2016£176,922 £2,152 20
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£172,578 £2,257 16
2009£174,704 £1,640 13
2008£173,223 £2,059 11
2007£167,130 £1,965 15
2006£164,298 £1,948 28
2005£145,675 £1,638 14
2004£150,760 £2,015 21
2003£107,208 £1,327 20
2002£77,355 £1,084 23
2001£69,591 £784 29
2000£68,345 £820 29
1999£67,198 £756 24
1998£58,850 £733 26
1997£60,045 £745 24
1996£46,391 £563 29
1995£49,727 £771 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,0001
2023£290,091 £3,409 11
2022£347,442 £3,469 18
2021£285,942 £2,697 18
2020£317,728 £2,736 30
2019£262,094 £2,313 8
2018£294,172 £2,400 16
2017£242,867 £2,118 15
2016£282,417 £2,207 12
2015£228,937 £2,483 15
2014£271,559 £2,198 17
2013£248,625 £2,200 8
2012£241,750 £2,428 10
2011£232,150 £2,182 10
2010£229,550 £2,546 10
2009£234,496 £1,846 12
2008£243,328 £2,368 9
2007£247,579 £2,093 19
2006£237,465 £2,265 17
2005£182,550 £2,011 10
2004£218,457 £1,675 13
2003£195,774 £1,818 24
2002£135,280 £1,156 23
2001£122,898 £1,026 22
2000£88,147 £981 17
1999£98,704 £946 12
1998£75,091 £745 11
1997£96,047 £897 19
1996£79,928 £885 23
1995£90,875 £773 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0002
2023£208,000 £2,414 3
2022£241,000 £2,093 2
2021£169,375 £2,330 4
2020£135,333 £2,002 6
2019£149,000 £1,627 3
2018£144,200 £2,093 5
2017£137,500 £1,795 5
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£225,250 £2,056 6
2010£168,667 £2,224 3
2009£140,000 £1,355 3
2008£245,000 £946 1
2007£110,667 £1,641 3
2006£139,856 £1,999 9
2005£176,667 £1,891 3
2004£148,500 £1,656 3
2003£124,983 £1,901 3
2002£68,809 £933 11
2001£79,438 £800 8
2000£33,0001
1999£46,688 £733 4
1998£56,250 £620 2
1997£58,200 £339 5
1996£43,812 £668 8
1995£41,000 £556 2
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£507,490 £2,453 2
2019£487,0001
2017£500,000 £3,193 3
2016£2,139,9961

House Type in LA5 8LE area

The most common house types in the LA5 8LE postcode area are Detached (69), Semi-detached (22), and Terraced (19).

Total122
Detached69
Semi-detached22
Terraced19
Flat11
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright79
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LA5 8LE have 2 people in household (60), and 1 person in household (29).

2 people in household60
1 person in household29
3 people in household17
4 people in household12
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0