Housing Market Analysis for BANK TERRACE, LA8 9NQ

Are you looking to understand LA8 9NQ 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 9NQ area, explore the LA8 9NQ Area information page.
For comprehensive crime statistics in the LA8 9NQ area, explore the LA8 9NQ Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £225,333 median price is £201,000 Standard Deviation is £42,429 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 BANK TERRACE: £190,000 (Sold on 22 Nov 2012)
    • The first recorded sale happened at this postcode is 2 BANK TERRACE: £201,000 (Sold on 25 Jul 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LA8 9NQ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£190,000 £2,346 1
2010£285,000 £3,270 1
2007£201,000 £2,306 1

All the Sales in the BANK TERRACE, LA8 9NQ

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

AddressSold DatePrice% Change
3 BANK TERRACETerraced, FreeholdArea: 81 Sq.mtrAge: before 190022 Nov 2012£190,000First Sale
2 BANK TERRACETerraced, FreeholdArea: 87.16 Sq.mtrAge: before 190016 Aug 2010£285,00041.79%
25 Jul 2007£201,000First Sale

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

BANK TERRACE, LA8 9NQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £209,277 median price is £220,000 Standard Deviation is £107,871 with Total Sold: 140
    • The Last 5 Year average price is £332,574 with Total Sold: 17
    • The most recent sale happened at this postcode is , LAURELS THE BANKS: £405,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 GOWAN CRESCENT: £53,500 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £168,060 median price is £166,000 Standard Deviation is £96,313 with Total Sold: 237
    • The Last 5 Year average price is £262,095 with Total Sold: 42
    • 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 £547,537 with Total Sold: 7
    • 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 £278,540 median price is £252,500 Standard Deviation is £184,956 with Total Sold: 118
    • The Last 5 Year average price is £474,455 with Total Sold: 22
    • The most recent sale happened at this postcode is , SUNNY BROW GARTH BROW LANE: £520,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , RAMBLERS COTTAGE, 1 SCHOOL LANE: £69,500 (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 £181,417 with Total Sold: 12
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,500 £4,054 2
2023£411,667 £4,522 3
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£254,000 £3,732 5
2017£323,069 £2,957 12
2016£230,000 £2,949 1
2015£252,779 £3,168 7
2014£250,000 £2,562 2
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,100 £5,647 5
2023£268,000 £3,686 7
2022£325,083 £3,598 9
2021£234,673 £3,053 13
2020£233,750 £3,076 8
2019£228,250 £2,847 2
2018£246,962 £2,637 12
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£203,833 £2,590 3
2012£171,000 £2,892 3
2011£199,450 £2,773 5
2010£223,775 £2,868 6
2009£152,250 £2,170 4
2008£198,375 £2,732 4
2007£196,659 £2,553 16
2006£150,845 £1,936 10
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£90,894 £1,152 9
2000£77,785 £1,095 13
1999£67,300 £1,016 5
1998£51,333 £764 6
1997£53,729 £797 12
1996£54,517 £731 15
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£517,000 £4,283 2
2023£436,250 £4,235 4
2022£583,833 £4,561 6
2021£382,000 £4,003 5
2020£449,200 £2,877 5
2019£293,750 £3,465 2
2018£280,006 £3,599 2
2017£405,800 £2,957 5
2016£383,750 £3,092 8
2015£432,333 £2,988 3
2014£317,500 £2,915 4
2013£245,000 £3,142 4
2012£336,990 £2,913 5
2011£288,950 £2,890 1
2010£295,100 £2,743 2
2009£301,000 £3,009 2
2007£262,500 £4,412 2
2006£252,000 £2,809 4
2005£274,6673
2004£299,250 £1,761 4
2003£186,214 £2,063 7
2002£287,975 £1,258 2
2001£145,000 £1,812 1
2000£125,590 £1,049 5
1999£130,179 £1,259 7
1998£107,375 £765 8
1997£91,750 £837 6
1996£108,890 £858 5
1995£99,625 £966 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 9NQ area

The most common house types in the LA8 9NQ postcode area are Detached (84), Semi-detached (65), and Terraced (32).

Total196
Detached84
Semi-detached65
Terraced32
Flat11
temporary structure2
Shared house1
commercial building1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (105), and Social rented: Other social rented (35).

Owned: Owns outright105
Social rented: Other social rented35
Owned: Owns with a mortgage or loan21
Private rented: Private landlord or letting agency20
Shared ownership: Shared ownership8
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LA8 9NQ have 2 people in household (78), and 1 person in household (57).

2 people in household78
1 person in household57
3 people in household29
4 people in household27
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0