Housing Market Analysis for THE DRIVE, LA5 9JG

Are you looking to understand LA5 9JG 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 9JG area, explore the LA5 9JG Area information page.
For comprehensive crime statistics in the LA5 9JG area, explore the LA5 9JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA5 9JG postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £108,275 median price is £102,500 Standard Deviation is £47,611 with Total Sold: 20
- The Last 5 Year average price is £139,333 with Total Sold: 3
- The most recent sale happened at this postcode is 43 THE DRIVE: £155,000 (Sold on 24 Mar 2023)
- The first recorded sale happened at this postcode is 32 THE DRIVE: £54,000 (Sold on 26 May 1995)
Detached
- The average price is around £163,500 median price is £163,500 Standard Deviation is £48,500 with Total Sold: 2
- The most recent sale happened at this postcode is 18 THE DRIVE: £212,000 (Sold on 18 Dec 2009)
- The first recorded sale happened at this postcode is 18 THE DRIVE: £115,000 (Sold on 15 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 9JG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£155,000	£2,981	1
2019	£131,500	£1,993	2
2017	£133,000	£2,180	1
2015	£170,000		1
2010	£200,000		1
2009	£92,000	£2,183	1
2006	£146,667	£1,927	3
2005	£119,000		1
2003	£65,000	£1,548	1
2002	£76,667	£1,071	3
2001	£61,750	£1,226	2
2000	£80,000		1
1999	£41,000		1
1995	£54,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£212,000		1
2001	£115,000		1

All the Sales in the THE DRIVE, LA5 9JG

See the table below for more details on the sold house prices in the LA5 9JG, Lancaster postcode.

Address	Sold Date	Price	% Change
43 THE DRIVESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1950-1966	24 Mar 2023	£155,000	First Sale
51 THE DRIVESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1983-1990	21 Jun 2019	£110,000	-4.35%
	07 Jul 2006	£115,000	76.92%
	03 Jan 2003	£65,000	26.21%
	11 Jul 2001	£51,500	First Sale
36 THE DRIVESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-1966	28 Feb 2019	£153,000	22.40%
	07 Mar 2006	£125,000	First Sale
61 THE DRIVESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-1975	14 Mar 2017	£133,000	First Sale
28 THE DRIVESemi-Detached, Freehold	31 Jul 2015	£170,000	-15.00%
	20 May 2010	£200,000	0.0
	24 Nov 2006	£200,000	First Sale
18 THE DRIVEDetached, Freehold	18 Dec 2009	£212,000	84.35%
18 THE DRIVEDetached, Freehold	15 Jun 2001	£115,000	First Sale
49 THE DRIVESemi-Detached, FreeholdArea: 42.15 Sq.mtrAge: 1950-1966	31 Jul 2009	£92,000	First Sale
45 THE DRIVESemi-Detached, Freehold	24 Oct 2005	£119,000	190.24%
45 THE DRIVESemi-Detached, Freehold	27 Oct 1999	£41,000	First Sale
42 THE DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	11 Oct 2002	£90,000	First Sale
40 THE DRIVESemi-Detached, Freehold	30 Aug 2002	£95,000	First Sale
47 THE DRIVESemi-Detached, Freehold	10 May 2002	£45,000	First Sale
32 THE DRIVESemi-Detached, Freehold	15 Jun 2001	£72,000	33.33%
32 THE DRIVESemi-Detached, Freehold	26 May 1995	£54,000	First Sale
22 THE DRIVESemi-Detached, Freehold	21 Jan 2000	£80,000	First Sale

Check out the sold house prices near the LA5 9JG postcode. Properties currently for saleProperties currently for rent

THE DRIVE, LA5 9JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA5 9JG 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 9JG postcode.

Terraced
- The average price is around £94,832 median price is £100,000 Standard Deviation is £45,180 with Total Sold: 367
- The Last 5 Year average price is £150,057 with Total Sold: 53
- The most recent sale happened at this postcode is , 21 LONGFIELD DRIVE: £224,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 48 GROSVENOR PLACE: £41,750 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £124,943 median price is £126,750 Standard Deviation is £61,707 with Total Sold: 330
- The Last 5 Year average price is £197,179 with Total Sold: 50
- The most recent sale happened at this postcode is , 23 GREENGATE LANE: £227,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 6 BROWSHOLME CLOSE: £78,000 (Sold on 23 Jan 1995)
Detached
- The average price is around £155,887 median price is £159,500 Standard Deviation is £78,161 with Total Sold: 346
- The Last 5 Year average price is £255,542 with Total Sold: 47
- The most recent sale happened at this postcode is , 105 CRAG BANK ROAD: £647,500 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 16 BROWSHOLME CLOSE: £84,000 (Sold on 06 Jan 1995)
Other
- The average price is around £126,667 median price is £170,000 Standard Deviation is £68,475 with Total Sold: 3
- The Last 5 Year average price is £105,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 23 THE DRIVE: £30,000 (Sold on 10 Jun 2020)
- The first recorded sale happened at this postcode is , HUNTING HILL LODGE HUNTING HILL ROAD: £170,000 (Sold on 15 Dec 2015)
Flat
- The average price is around £90,500 median price is £97,500 Standard Deviation is £46,633 with Total Sold: 7
- The most recent sale happened at this postcode is , 9 JESSON WAY: £111,250 (Sold on 27 Feb 2014)
- The first recorded sale happened at this postcode is , 9 JOHNSON CLOSE: £41,000 (Sold on 31 Jan 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,400	£1,878	5
2023	£155,812	£2,223	8
2022	£145,083	£2,170	6
2021	£154,607	£1,989	14
2020	£141,300	£2,013	15
2019	£142,000	£2,116	5
2018	£137,429	£1,533	7
2017	£126,167	£1,972	9
2016	£129,250	£1,842	12
2015	£112,357	£1,723	7
2014	£117,596	£1,743	14
2013	£115,000	£1,774	10
2012	£108,492	£1,573	6
2011	£109,861	£1,702	9
2010	£108,167	£1,571	9
2009	£126,071	£1,821	7
2008	£109,643	£1,646	7
2007	£143,621	£1,725	12
2006	£116,700	£1,511	18
2005	£105,336	£1,669	19
2004	£103,464	£1,365	19
2003	£70,912	£947	32
2002	£59,614	£771	21
2001	£45,380	£622	20
2000	£42,582	£594	20
1999	£40,765	£548	13
1998	£45,622	£496	16
1997	£31,833	£498	9
1996	£36,081	£452	8
1995	£44,920	£546	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,250	£2,828	4
2023	£222,500	£2,833	2
2022	£231,208	£2,714	12
2021	£216,645	£2,473	10
2020	£166,400	£2,462	10
2019	£168,333	£2,177	12
2018	£150,688	£2,034	8
2017	£167,939	£2,207	9
2016	£170,333	£2,045	12
2015	£158,000	£1,877	10
2014	£157,667	£1,895	6
2013	£167,000	£2,100	7
2012	£153,700	£2,084	5
2011	£153,500	£1,881	8
2010	£140,958	£1,946	12
2009	£152,944	£2,010	9
2008	£163,438	£2,198	8
2007	£170,071	£2,413	7
2006	£145,397	£2,147	15
2005	£126,271	£1,978	7
2004	£143,873	£1,898	13
2003	£102,704	£1,146	27
2002	£89,398	£1,136	20
2001	£76,298	£1,062	20
2000	£58,840	£695	15
1999	£60,496	£649	14
1998	£54,162	£741	17
1997	£54,238	£650	12
1996	£57,083		6
1995	£52,919	£646	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£508,750	£3,248	2
2023	£262,125	£3,166	4
2022	£308,500	£3,414	5
2021	£246,793	£2,542	10
2020	£236,769	£2,264	13
2019	£219,696	£2,127	13
2018	£214,636	£1,907	7
2017	£228,994	£2,399	9
2016	£189,596	£2,006	13
2015	£199,412	£1,964	12
2014	£228,045	£2,166	10
2013	£180,550	£1,926	10
2012	£194,250	£1,969	8
2011	£173,328	£1,900	9
2010	£201,000	£2,131	7
2009	£180,909	£1,895	11
2008	£229,875	£2,447	4
2007	£189,050	£2,194	12
2006	£181,375	£2,032	8
2005	£177,214	£1,967	7
2004	£165,881	£1,750	27
2003	£113,515	£1,361	23
2002	£109,244	£1,185	16
2001	£91,096	£987	14
2000	£94,445	£821	10
1999	£87,780	£806	15
1998	£67,481	£760	21
1997	£62,688	£743	13
1996	£55,492	£635	6
1995	£77,398	£765	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£30,000	£476	1
2019	£180,000		1
2015	£170,000	£749	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£111,250	£1,524	1
2008	£146,000		1
2005	£155,000		1
2004	£97,500		1
2001	£52,000		1
1997	£30,750	£421	1
1996	£41,000		1

House Type in LA5 9JG area

The most common house types in the LA5 9JG postcode area are Semi-detached (40), Terraced (33), and temporary structure (22).

Total	108
Semi-detached	40
Terraced	33
temporary structure	22
Detached	11
Flat	1
converted building	1
Shared house	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright	50
Owned: Owns with a mortgage or loan	25
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	7
Shared ownership: Shared ownership	5
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LA5 9JG have 1 person in household (50), and 2 people in household (38).

1 person in household	50
2 people in household	38
3 people in household	16
4 people in household	3
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0