Housing Market Analysis for ST MICHAELS LANE, LA5 8LG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £156,760 median price is £170,000 Standard Deviation is £79,580 with Total Sold: 15
    • The Last 5 Year average price is £297,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 ST MICHAELS LANE: £320,000 (Sold on 16 Dec 2021)
    • The first recorded sale happened at this postcode is 13 ST MICHAELS LANE: £42,000 (Sold on 04 Oct 1996)
  • Detached
    • The average price is around £196,700 median price is £185,500 Standard Deviation is £99,328 with Total Sold: 5
    • The most recent sale happened at this postcode is 10 ST MICHAELS LANE: £343,000 (Sold on 11 Jul 2007)
    • The first recorded sale happened at this postcode is 2 ST MICHAELS LANE: £130,000 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8LG 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£320,000 £3,711 1
2020£274,950 £2,722 1
2018£224,000 £2,268 1
2013£210,000 £2,079 1
2009£174,000 £2,018 1
2006£169,500 £1,913 2
2005£170,000 £1,721 1
2004£187,2501
2003£130,000 £1,316 1
2002£89,950 £731 1
2001£61,2501
1998£69,000 £699 1
1997£60,000 £594 1
1996£42,000 £309 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£304,0002
2004£185,5001
1998£60,0001
1997£130,0001

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

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

AddressSold DatePrice% Change
8 ST MICHAELS LANESemi-Detached, FreeholdArea: 86.24 Sq.mtrAge: 1930-194916 Dec 2021£320,00083.91%
22 Dec 2009£174,000First Sale
7 ST MICHAELS LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-194927 Nov 2020£274,95030.93%
10 Jun 2013£210,000250.00%
13 Jun 1997£60,000First Sale
6 ST MICHAELS LANESemi-Detached, FreeholdArea: 98.776 Sq.mtrAge: 1930-194908 Jun 2018£224,00018.52%
30 Aug 2006£189,00011.18%
21 Oct 2005£170,00030.77%
24 Oct 2003£130,00088.41%
30 Jan 1998£69,000First Sale
10 ST MICHAELS LANEDetached, Freehold11 Jul 2007£343,000First Sale
3 ST MICHAELS LANEDetached, Freehold30 May 2007£265,00042.86%
29 Jun 2004£185,500209.17%
03 Jul 1998£60,000First Sale
14 ST MICHAELS LANESemi-Detached, Freehold18 Aug 2006£150,000First Sale
11 ST MICHAELS LANESemi-Detached, Freehold25 Oct 2004£187,250205.71%
19 Oct 2001£61,250First Sale
5 ST MICHAELS LANESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-194912 Jul 2002£89,950First Sale
2 ST MICHAELS LANEDetached, Freehold31 Jan 1997£130,000First Sale
13 ST MICHAELS LANESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1950-196604 Oct 1996£42,000First Sale

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

ST MICHAELS LANE, LA5 8LG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £134,721 median price is £140,000 Standard Deviation is £69,799 with Total Sold: 523
    • The Last 5 Year average price is £209,867 with Total Sold: 95
    • 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 £208,429 median price is £190,000 Standard Deviation is £118,647 with Total Sold: 402
    • The Last 5 Year average price is £314,870 with Total Sold: 77
    • 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 £134,394 median price is £130,000 Standard Deviation is £74,207 with Total Sold: 128
    • The Last 5 Year average price is £181,053 with Total Sold: 19
    • 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 £566,285 median price is £350,000 Standard Deviation is £658,705 with Total Sold: 7
    • 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£232,444 £2,793 9
2022£239,050 £3,017 15
2021£221,296 £2,523 25
2020£182,056 £2,352 24
2019£189,908 £2,165 17
2018£191,033 £2,074 15
2017£174,333 £2,192 15
2016£173,144 £2,191 17
2015£158,795 £2,179 10
2014£173,731 £1,911 13
2013£153,272 £1,870 16
2012£148,500 £1,996 11
2011£170,177 £2,052 13
2010£173,981 £2,318 13
2009£174,704 £1,640 13
2008£177,586 £2,061 11
2007£166,211 £2,018 14
2006£165,550 £1,948 27
2005£137,038 £1,632 12
2004£144,798 £1,946 20
2003£111,324 £1,305 19
2002£79,737 £1,064 22
2001£66,362 £784 28
2000£67,870 £821 27
1999£66,557 £752 22
1998£58,602 £725 26
1997£62,843 £745 25
1996£46,574 £587 25
1995£60,461 £778 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,0001
2023£286,778 £3,104 9
2022£354,622 £3,385 16
2021£305,230 £2,825 15
2020£319,202 £2,697 29
2019£259,536 £2,353 7
2018£278,783 £2,374 15
2017£242,867 £2,118 15
2016£285,273 £2,089 11
2015£223,773 £2,567 13
2014£265,633 £2,153 15
2013£248,625 £2,200 8
2012£233,429 £2,494 7
2011£240,500 £2,162 9
2010£228,667 £2,451 9
2009£243,359 £1,832 11
2008£214,994 £2,335 8
2007£264,188 £2,100 16
2006£248,243 £2,242 14
2005£168,812 £2,110 8
2004£220,282 £1,797 14
2003£190,634 £1,721 23
2002£133,063 £1,231 23
2001£117,631 £1,029 21
2000£90,500 £992 17
1999£101,950 £990 11
1998£73,333 £803 9
1997£98,118 £913 16
1996£81,141 £885 22
1995£71,775 £667 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£148,667 £2,027 6
2019£178,000 £1,812 4
2018£144,200 £2,093 5
2017£160,800 £1,975 5
2016£137,0001
2015£226,667 £2,195 3
2014£153,375 £1,769 4
2013£198,158 £2,087 6
2012£223,875 £2,097 4
2011£218,600 £2,037 5
2010£168,667 £2,224 3
2009£160,000 £1,378 2
2008£245,000 £946 1
2007£138,000 £1,641 4
2006£149,189 £2,020 9
2005£176,667 £1,891 3
2004£156,375 £1,656 4
2003£138,725 £1,754 4
2002£73,617 £958 12
2001£92,333 £962 6
2000£59,600 £712 2
1999£58,036 £669 7
1998£63,167 £716 3
1997£58,917 £451 6
1996£43,812 £668 8
1995£48,500 £537 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£157,000 £2,453 1
2019£487,0001
2017£350,000 £3,608 1
2016£2,139,9961

House Type in LA5 8LG area

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