Lancaster cost comparison of new homes and older homes
June 2019 - May 2020
The price of a newly built property is £288k in Lancaster postcode area. The price increased by £20.6k (8%) over the last twelve months. The price of an established property is £200k. There were 225 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 55 (24.4%) properties sold, followed by £250k-£300k price range with 43 (19.1%) properties sold. Most new homes were sold in LA1 5, with 28 sold to date from June 2019 - May 2020.
| Lancaster postcode area | England and Wales |
|---|---|
£288kaverage price of a new property | £342kaverage price of a new property |
8%average price percentage change | 1%average price percentage change |
£20.6kaverage price change | £4.9kaverage price change |
June 2019 - May 2020
June 2019 - May 2020
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between June 2019 - May 2020. See also Lancaster property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| under £50k | 0.4% | 1 |
| £50k-£100k | 3.1% | 7 |
| £100k-£150k | 10.7% | 24 |
| £150k-£200k | 8.0% | 18 |
| £200k-£250k | 16.4% | 37 |
| £250k-£300k | 19.1% | 43 |
| £300k-£400k | 24.4% | 55 |
| £400k-£500k | 14.7% | 33 |
| £500k-£750k | 3.1% | 7 |
June 2019 - May 2020
June 2019 - May 2020
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
