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House Prices in LA1 House Prices in LA1 (Lancaster)

The average house price in LA1 (Lancaster) is £245,902 using HM Land Registry data.

The average property price increased by £42,124 (33.49%) over the last 5 years and increased by £8,419 (4.81%) over the last 12 months.

Over the last year, there were 552 residential property sales – a decrease of 123 transactions (-22.28%) relative to the previous year. The majority of house sales (138) were in the £110,000 - £158,000 range. Then came properties in the £158,000 - £206,000 range, where 135 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,361 (-3%).

In May 2025, there were 116 new estate agency instructions, 97 agreed home sales and 109 property price reductions.

Nearby Postcodes: BB7, BD23, BD24, CA10, CA11, CA12, CA17, CA18, CA19, CA20, DL8, LA10, LA11, LA12, LA13, LA14, LA15, LA16, LA17, LA18, LA19, LA2, LA20, LA21, LA22, LA23, LA3, LA4, LA5, LA6, LA7, LA8, PR3

5-Year Average Property Prices in LA1 (Lancaster)

33.49%

Property prices in LA1 (Lancaster) increased by 33.49% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LA1 (Lancaster) Over the Last Year

4.81%

Property prices in LA1 (Lancaster) increased by 4.81% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LA1 (Lancaster) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LA1 (Lancaster)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LA1 (Lancaster)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LA1 (Lancaster)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LA1 (Lancaster) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LA1 postcode area since 1995.

Recent Sales in LA1 (Lancaster)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Cranwell Avenue, Lancaster, Lancashire, LA1 4HW£360,000£350,000-£10,00027 Jun 202426 Feb 2025244 Days
3 The Hastings, Scotforth Road, Lancaster, Lancashire, LA1 4TF£120,000£117,500-£2,50004 Oct 202421 Feb 2025140 Days
10 Masonfield Crescent, Lancaster, Lancashire, LA1 3SR£152,000£148,000-£4,00028 Jun 202307 Feb 2025590 Days
2 Anthony Road, Lancaster, Lancashire, LA1 5DR£285,000£270,000-£15,00009 Sep 202407 Feb 2025151 Days
23 Bishopdale Road, Lancaster, Lancashire, LA1 5NF£365,000£365,000£011 Sep 202405 Feb 2025147 Days
48 Salisbury Road, Lancaster, Lancashire, LA1 5PJ£145,000£140,000-£5,00017 Aug 202431 Jan 2025167 Days
183 Scotforth Road, Lancaster, Lancashire, LA1 4PR£320,000£310,000-£10,00001 Oct 202430 Jan 2025121 Days
44 Sibsey Street, Lancaster, Lancashire, LA1 5DF£200,000£200,000£013 Sep 202430 Jan 2025139 Days
6 Kent Street, Lancaster, Lancashire, LA1 2BS£145,000£142,500-£2,50016 Sep 202424 Jan 2025130 Days
8 Milking Stile Lane, Lancaster, Lancashire, LA1 5QB£265,000£247,000-£18,00008 Jun 202414 Jan 2025220 Days
53 Ashton Drive, Lancaster, Lancashire, LA1 2LQ£220,000£215,000-£5,00018 Jul 202410 Jan 2025176 Days
22 Sefton Drive, Lancaster, Lancashire, LA1 2PT£249,950£245,000-£4,95005 Jul 202410 Jan 2025189 Days
42 Melrose Street, Lancaster, Lancashire, LA1 3DL£129,950£122,500-£7,45016 Oct 202403 Jan 202579 Days
15 Wharfedale Road, Lancaster, Lancashire, LA1 5ND£180,000£175,000-£5,00029 Jul 202403 Jan 2025158 Days
3 Knowe Hill Crescent, Lancaster, Lancashire, LA1 4JY£390,000£365,000-£25,00024 Aug 202403 Jan 2025132 Days
20 Esthwaite Gardens, Lancaster, Lancashire, LA1 3RG£248,000£235,000-£13,00005 Jun 202303 Jan 2025578 Days
128 Dorrington Road, Lancaster, Lancashire, LA1 4TD£145,000£135,000-£10,00016 Sep 202419 Dec 202494 Days
239 Willow Lane, Lancaster, Lancashire, LA1 5LG£156,750£151,000-£5,75014 Aug 202418 Dec 2024126 Days
5 Wheatfield Court, Lancaster, Lancashire, LA1 1BE£82,500£77,500-£5,00005 Jul 202416 Dec 2024164 Days
110 Willow Lane, Lancaster, Lancashire, LA1 5QF£165,000£165,000£004 Oct 202416 Dec 202473 Days

Most Expensive Streets in LA1 (Lancaster)

PostcodeStreetAreaAverageNo. of Sales
LA1 5BJHaverbreaks RoadLancaster£739,4287
LA1 3FGRedwood HeightsLancaster£644,3333
LA1 5EFWestbourne RoadLancaster£643,7504
LA1 1YQCastle ParkLancaster£581,4287
LA1 5FRLindbergh AvenueLancaster£563,8205
LA1 5AUCraiglands CourtLancaster£538,3333
LA1 4XPBailrigg LaneLancaster£536,1905
LA1 5EEWestbourne DriveLancaster£527,0505
LA1 5WHOld Quarry LaneLancaster£524,1666
LA1 5BWMarlton WayLancaster£481,6663

Least Expensive Streets in LA1 (Lancaster)

PostcodeStreetAreaAverageNo. of Sales
LA1 1YDThurnham StreetLancaster£50,0004
LA1 1GEAlbion MewsLancaster£55,8333
LA1 3HXMonthall Rise, Ambleside RoadLancaster£68,0647
LA1 1FDSt Leonard Court, Alfred Street, LancasterLancaster£69,88413
LA1 3HUHerlebeck Rise, Ambleside RoadLancaster£74,7857
LA1 3LHKeswick Court, Keswick RoadLancaster£76,2504
LA1 1RYSpinners Court, Queen Street, LancasterLancaster£80,88025
LA1 1BXDiana Court, Henry Street, LancasterLancaster£81,1663
LA1 4TWBinyon RoadLancaster£81,9166
LA1 2DPAlexandra RoadLancaster£84,80010

Explore LA1 (Lancaster) using map

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