Housing Market Analysis for THE BANKS, LA8 9NE

Are you looking to understand LA8 9NE 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 South Lakeland postcode.

For the location information and nearby amenities in the LA8 9NE area, explore the LA8 9NE Area information page.
For comprehensive crime statistics in the LA8 9NE area, explore the LA8 9NE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA8 9NE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £184,270 median price is £154,000 Standard Deviation is £94,764 with Total Sold: 10
    • The Last 5 Year average price is £280,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 THE BANKS: £280,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is FAIRFIELD BUNGALOW THE BANKS: £90,000 (Sold on 23 Apr 1997)
  • Semi-Detached
    • The average price is around £253,042 median price is £257,500 Standard Deviation is £140,302 with Total Sold: 12
    • The Last 5 Year average price is £397,375 with Total Sold: 4
    • The most recent sale happened at this postcode is SPRINGWELL COTTAGE THE BANKS: £536,000 (Sold on 06 Jul 2022)
    • The first recorded sale happened at this postcode is JESMOND DENE THE BANKS: £400,000 (Sold on 05 Dec 2023)
  • Terraced
    • The average price is around £110,577 median price is £80,000 Standard Deviation is £70,451 with Total Sold: 13
    • The Last 5 Year average price is £185,000 with Total Sold: 1
    • The most recent sale happened at this postcode is YARLSIDE THE BANKS: £185,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 5 THE BANKS: £40,500 (Sold on 11 Aug 1995)
  • Other
    • The average price is around £3,650 median price is £3,650 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, THE LAURELS THE BANKS: £3,650 (Sold on 07 Jun 2018)
    • The first recorded sale happened at this postcode is 2, THE LAURELS THE BANKS: £3,650 (Sold on 07 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average LA8 9NE 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
2023£280,000 £4,375 1
2014£325,000 £2,686 1
2010£220,200 £2,719 1
2005£330,0001
2003£128,000 £2,000 1
2000£127,5001
1999£180,0001
1997£84,000 £812 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£536,000 £5,009 1
2021£368,500 £2,457 1
2019£285,000 £2,767 1
2017£325,000 £3,411 2
2014£230,000 £2,875 1
2010£195,0001
2002£120,0001
1997£124,000 £1,159 1
1996£58,000 £574 1
1995£70,0001
2023£400,000 £3,604 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£185,000 £3,246 1
2018£289,550 £2,985 1
2009£118,000 £1,576 2
2004£150,000 £2,401 2
2003£101,950 £1,813 1
2001£73,250 £1,153 2
1998£52,500 £847 1
1996£38,000 £613 1
1995£44,000 £800 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£3,650 £31 1

All the Sales in the THE BANKS, LA8 9NE

See the table below for more details on the sold house prices in the LA8 9NE, South Lakeland postcode.

AddressSold DatePrice% Change
10 THE BANKSDetached, FreeholdArea: 64 Sq.mtrAge: 18 Aug 2023£280,000118.75%
19 Feb 2003£128,000146.15%
08 Oct 1997£52,000First Sale
SPRINGWELL COTTAGE THE BANKSSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 06 Jul 2022£536,000332.26%
27 Jun 1997£124,000First Sale
YARLSIDE THE BANKSTerraced, FreeholdArea: 57 Sq.mtrAge: 30 Jun 2021£185,000First Sale
PRUNUS THE BANKSSemi-Detached, FreeholdArea: 150 Sq.mtrAge: 25 Jun 2021£368,500First Sale
WOODLANDS VIEW THE BANKSSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 19 Jul 2019£285,000First Sale
2, THE LAURELS THE BANKSOther, FreeholdArea: 118 Sq.mtrAge: 07 Jun 2018£3,650First Sale
STATION HOUSE THE BANKSTerraced, FreeholdArea: 97 Sq.mtrAge: 29 Mar 2018£289,550First Sale
LAURELS THE BANKSSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 10 Nov 2017£330,000468.97%
05 Jan 1996£58,000First Sale
HELM LEA THE BANKSSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 03 Jan 2017£320,000First Sale
NETHERDENE THE BANKSDetached, FreeholdArea: 121 Sq.mtrAge: 21 Nov 2014£325,000First Sale
THE POPLARS THE BANKSSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 19 Sep 2014£230,000First Sale
BROOM HILL THE BANKSDetached, FreeholdArea: 80.98 Sq.mtrAge: 07 Sep 2010£220,200First Sale
GOWAN CROFT THE BANKSSemi-Detached, FreeholdAge: 31 Aug 2010£195,000First Sale
8 THE BANKSTerraced, FreeholdArea: 99 Sq.mtrAge: 24 Jul 2009£156,000First Sale
YARLSIDE COTTAGE THE BANKSTerraced, FreeholdAge: 13 Mar 2009£80,000First Sale
GREENSIDE THE BANKSDetached, FreeholdAge: 02 Jun 2005£330,000200.00%
12 May 1997£110,000First Sale
BUTTERFLY COTTAGE, 12 THE BANKSTerraced, FreeholdAge: 10 Sep 2004£165,000First Sale
5 THE BANKSTerraced, FreeholdArea: 56.22 Sq.mtrAge: 26 Apr 2004£135,00032.42%
17 Apr 2003£101,950151.73%
11 Aug 1995£40,500First Sale
RAYBURNE THE BANKSSemi-Detached, FreeholdAge: 31 Oct 2002£120,000First Sale
11 THE BANKSTerraced, FreeholdAge: 19 Jul 2001£75,000First Sale
6 THE BANKSTerraced, FreeholdArea: 62 Sq.mtrAge: 12 Apr 2001£71,50036.19%
18 Feb 1998£52,50038.16%
26 Apr 1996£38,000First Sale
GYPSY WELL THE BANKSDetached, FreeholdAge: 13 Mar 2000£127,500First Sale
HILL COTTAGE THE BANKSDetached, FreeholdAge: 25 Aug 1999£180,000First Sale
FAIRFIELD BUNGALOW THE BANKSDetached, FreeholdAge: 23 Apr 1997£90,000First Sale
3 THE BANKSTerraced, FreeholdArea: 54 Sq.mtrAge: 17 Nov 1995£47,500First Sale
GOWAN TOP THE BANKSSemi-Detached, FreeholdAge: 24 Aug 1995£70,000First Sale
JESMOND DENE THE BANKSSemi-Detached, FreeholdArea: 111 Sq.mtrAge: 05 Dec 2023£400,000First Sale

Check out the sold house prices near the LA8 9NE postcode. Properties currently for saleProperties currently for rent

THE BANKS, LA8 9NE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA8 9NE 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 LA8 9NE postcode.

  • Terraced
    • The average price is around £167,436 median price is £166,000 Standard Deviation is £95,661 with Total Sold: 253
    • The Last 5 Year average price is £265,942 with Total Sold: 43
    • The most recent sale happened at this postcode is , 9 RAWES GARTH: £282,500 (Sold on 08 May 2024)
    • The first recorded sale happened at this postcode is , 61 MAIN STREET: £57,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £329,384 median price is £239,750 Standard Deviation is £339,858 with Total Sold: 18
    • The Last 5 Year average price is £413,706 with Total Sold: 11
    • The most recent sale happened at this postcode is , 6 MAIN STREET: £300,000 (Sold on 08 Apr 2024)
    • The first recorded sale happened at this postcode is UNIT 2, KENTMERE BUSINESS PARK SILVER STREET: £300,000 (Sold on 03 Jun 2015)
  • Detached
    • The average price is around £283,969 median price is £255,000 Standard Deviation is £195,879 with Total Sold: 139
    • The Last 5 Year average price is £477,396 with Total Sold: 24
    • The most recent sale happened at this postcode is , 34 SEEDFIELD: £514,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , RAMBLERS COTTAGE, 1 SCHOOL LANE: £69,500 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £208,104 median price is £220,000 Standard Deviation is £105,932 with Total Sold: 142
    • The Last 5 Year average price is £310,417 with Total Sold: 21
    • The most recent sale happened at this postcode is , SHANGLI-LA SCHOOL LANE: £300,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 10 GOWAN CRESCENT: £53,500 (Sold on 17 Mar 1995)
  • Flat
    • The average price is around £115,948 median price is £105,000 Standard Deviation is £59,019 with Total Sold: 65
    • The Last 5 Year average price is £174,429 with Total Sold: 14
    • The most recent sale happened at this postcode is FLAT 1, GATEFOOT MILL WINDERMERE ROAD: £280,000 (Sold on 26 Jun 2023)
    • The first recorded sale happened at this postcode is , 19 FAIRFIELD CLOSE: £48,000 (Sold on 04 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,875 £5,647 4
2023£280,333 £3,686 6
2022£325,083 £3,598 9
2021£234,673 £3,053 13
2020£233,750 £3,076 8
2019£257,167 £3,064 3
2018£243,273 £2,665 13
2017£274,718 £3,027 15
2016£183,167 £1,955 12
2015£206,625 £2,668 8
2014£163,960 £2,166 5
2013£182,357 £1,858 7
2012£183,250 £2,780 4
2011£207,042 £2,993 6
2010£223,775 £2,868 6
2009£148,050 £2,170 5
2008£194,750 £2,998 6
2007£196,659 £2,553 16
2006£158,495 £1,936 11
2005£134,500 £2,124 6
2004£134,714 £2,435 7
2003£115,983 £1,866 3
2002£94,800 £1,466 8
2001£91,305 £1,200 10
2000£81,913 £1,208 15
1999£67,300 £1,016 5
1998£53,000 £812 7
1997£53,729 £797 12
1996£54,838 £763 17
1995£49,333 £750 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£825,000 £5,421 2
2023£475,0001
2022£1,128,261 £5,037 1
2021£193,167 £3,340 3
2019£179,500 £2,174 4
2018£3,650 £31 1
2017£249,500 £3,780 1
2016£206,250 £1,352 4
2015£300,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£514,000 £4,283 1
2023£436,250 £4,235 4
2022£630,000 £4,488 7
2021£391,000 £3,915 5
2020£449,200 £2,877 5
2019£293,750 £3,465 2
2018£315,837 £3,937 3
2017£425,667 £2,957 6
2016£383,750 £3,092 8
2015£398,000 £2,924 4
2014£300,000 £3,139 5
2013£264,500 £3,148 5
2012£336,990 £2,913 5
2011£281,975 £2,718 2
2010£396,733 £3,003 3
2009£301,000 £3,009 2
2008£325,000 £3,533 1
2007£275,000 £3,595 3
2006£401,600 £2,788 5
2005£248,000 £1,556 4
2004£333,400 £2,094 5
2003£186,214 £2,063 7
2002£180,190 £1,258 5
2001£150,500 £1,812 2
2000£125,590 £1,049 5
1999£130,179 £1,259 7
1998£112,111 £812 9
1997£120,688 £887 8
1996£109,075 £938 6
1995£99,300 £966 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £4,054 1
2023£373,750 £4,522 4
2022£380,333 £3,708 3
2021£320,700 £3,021 5
2020£242,312 £3,314 4
2019£252,500 £3,491 4
2018£243,667 £3,732 6
2017£323,069 £2,957 12
2016£230,000 £2,949 1
2015£252,779 £3,168 7
2014£235,000 £3,103 3
2013£190,000 £2,603 1
2012£241,250 £2,163 4
2011£290,625 £2,844 4
2010£195,0001
2009£188,000 £2,138 2
2008£218,417 £3,642 6
2007£260,900 £2,454 10
2006£226,000 £2,877 7
2005£260,750 £2,822 4
2004£186,750 £2,236 7
2003£130,0001
2002£124,083 £1,420 6
2001£132,107 £2,614 7
2000£82,500 £914 7
1999£85,500 £1,042 10
1998£74,250 £901 2
1997£72,700 £1,103 6
1996£52,833 £574 3
1995£68,375 £446 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£277,500 £5,236 2
2022£260,000 £5,098 1
2021£145,714 £2,915 7
2020£171,000 £2,902 2
2019£132,500 £2,325 2
2018£133,750 £2,449 2
2017£156,875 £2,667 4
2015£146,429 £2,405 3
2013£162,500 £2,727 1
2012£157,5001
2011£190,000 £2,500 1
2010£131,333 £2,414 3
2009£108,000 £1,709 1
2007£141,483 £2,729 3
2005£146,500 £2,490 2
2004£92,600 £1,859 5
2003£97,000 £1,412 2
2002£72,689 £1,183 9
2001£42,225 £857 2
2000£71,0001
1999£68,667 £1,108 3
1998£40,438 £602 4
1997£53,500 £898 1
1996£55,0001
1995£44,000 £655 2

House Type in LA8 9NE area

The most common house types in the LA8 9NE postcode area are Semi-detached (77), Terraced (57), and Detached (20).

Total160
Semi-detached77
Terraced57
Detached20
Shared house4
Flat1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright58
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency27
Social rented: Rents from council or Local Authority10
Social rented: Other social rented10
Shared ownership: Shared ownership4
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the LA8 9NE have 2 people in household (63), and 1 person in household (45).

2 people in household63
1 person in household45
4 people in household32
3 people in household16
5 people in household4
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0