Lancaster property prices

The average property price in Lancaster postcode area is £228k. The average price increased by £21.0k (10%) over the last twelve months. The price of an established property is £227k. The price of a newly built property is £268k. There were 4.9k property sales and sales increased by 1.8% (96 transactions). Most properties were sold in the £100k-£150k price range with 1000 (20.2%) properties sold, followed by £150k-£200k price range with 997 (20.2%) properties sold.

September 2020 - August 2021

Lancaster postcode area

England and Wales

£228k

average property price

£339k

average property price

10%

average price percentage change

12%

average price percentage change

£21.0k

average price change

£35.7k

average price change

Lancaster house prices map

This price map shows the average property price in a given postcode sector between September 2020 - August 2021. The most affordable place was 'LA14 2' with the average price of £67.4k. The most expensive place was 'LA22 9', £526k.

Lancaster house prices map

Lancaster house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between September 2020 - August 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Lancaster house prices compared to other areasAverage price percentage change
Average property price

Lancaster house price rank

With the average price of £228k, Lancaster is the 31. cheapest postcode area out of 105 England and Wales' postcode areas.

Lancaster house price rank

Lancaster property sales share by price range

shows a number of properties sold in a given price range between September 2020 - August 2021.

Lancaster property sales share by price range
Property price rangeMarket shareSales volumes
under £50k1.4%69
£50k-£100k13.2%654
£100k-£150k20.2%1000
£150k-£200k20.2%997
£200k-£250k13.4%664
£250k-£300k10.2%503
£300k-£400k11.2%552
£400k-£500k5.2%259
£500k-£750k3.7%184
£750k-£1M0.7%37
over £1M0.5%23

Lancaster cost comparison of new homes and older homes

September 2020 - August 2021

Lancaster cost comparison of new homes and older homes

£268k

A newly built property

£227k

An established property

Lancaster cost comparison of houses and flats

September 2020 - August 2021

Lancaster cost comparison of houses and flats

£385k

Detached

£169k

Flat

£217k

Semi-Detached

£163k

Terraced

Lancaster property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

Lancaster real house prices

Yearly average nominal house prices adjusted for inflation.

Lancaster real house prices

Lancaster house prices

Yearly average nominal prices compared to England & Wales' house prices

Lancaster house prices

Lancaster house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Lancaster house prices per square meter

Lancaster house prices and nearby areas

Yearly average nominal prices

Lancaster house prices and nearby areas

Lancaster house prices by property type

Yearly average nominal prices

Lancaster house prices by property type

Lancaster house price to earnings ratio

The median property price to median earnings ratio is ranging between 4 in Barrow-in-Furness and 8.2 in South Lakeland. Ie. Barrow-in-Furness resident with middle-income needs 4 gross annual salaries to buy a medium-priced property. Resident in South Lakeland needs 8.2 annual salaries. The England and Wales ratio was 7.7 in 2019.
Lancaster house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Barrow-in-Furness4
Lancaster5.5
England and Wales7.7
South Lakeland8.2

Other reports for Lancaster postcode area

house prices per square meter

new home prices

property transactions

crime statistics

energy costs

salary and unemployment

home features

home energy certificates

population statistics

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