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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LA1 1LYHouse Prices / North West, Lancaster, Cheapside
Last updated May 2026
Key Postcode Insights
LA1 1LY is a residential postcode situated on Cheapside, Lancaster, LA1 with 2 addresses.
It ranks as the 60th largest and 627th most expensive of the 1,210 postcodes in the LA1 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
LA1 1LY is a residential postcode situated on Cheapside, Lancaster, LA1 with 2 addresses.
It ranks as the 60th largest and 627th most expensive of the 1,210 postcodes in the LA1 area.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin LA1 1LY
Sale prices range from £193,259 for 3 bedroom freehold houses with a garden (882 ft2) to £193,259 for 3 bedroom freehold houses with a garden (882 ft2) .
Monthly rental prices range from £951 pcm for 3 bed houses to £951 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 5.9%.
The average value per square foot is £219.
Average Sale Value
£193,259
Average Rental Value
£951 pcm
Average Rental Yield
5.9% /year
Average Value Per Sqft
£219 /ft2
Sales Market Trendsin LA1 1LY
The last sale in LA1 1LY sold for £69,000 on 1st September 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £193,259.
The LA1 1LY Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £193,259 |
| April 2025 | 3.7% | £192,116 |
| April 2024 | 1.4% | £185,215 |
| April 2023 | 4% | £182,617 |
| April 2022 | 8.3% | £175,572 |
| April 2021 | 8.5% | £162,045 |
| April 2020 | 1.9% | £149,373 |
| April 2019 | 1.1% | £146,534 |
| April 2018 | 1.6% | £144,957 |
| April 2017 | 1.9% | £142,661 |
| April 2016 | 2.2% | £140,063 |
| April 2015 | 2.2% | £136,983 |
| April 2014 | 3.4% | £133,973 |
| April 2013 | 3.4% | £129,535 |
| April 2012 | 0.2% | £125,334 |
| April 2011 | -2.5% | £125,096 |
| April 2010 | 5.1% | £128,299 |
| April 2009 | -11.1% | £122,048 |
| April 2008 | 2.1% | £137,317 |
| April 2007 | 0% | £134,511 |
Rental Market Trendsin LA1 1LY
The current average rental value in the postcode is £951.
The LA1 1LY Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £951pcm |
| April 2025 | 4.4% | £916pcm |
| April 2024 | 10.5% | £878pcm |
| April 2023 | 5.3% | £794pcm |
| April 2022 | 10.2% | £754pcm |
| April 2021 | 2% | £684pcm |
| April 2020 | 2.6% | £671pcm |
| April 2019 | 2.2% | £654pcm |
| April 2018 | 1.2% | £640pcm |
| April 2017 | -0.8% | £632pcm |
| April 2016 | 2% | £637pcm |
| April 2015 | -0.2% | £624pcm |
| April 2014 | 1.7% | £626pcm |
| April 2013 | 2.9% | £615pcm |
| April 2012 | 1.4% | £598pcm |
| April 2011 | 0.4% | £590pcm |
| April 2010 | 3.6% | £588pcm |
| April 2009 | -0.8% | £567pcm |
| April 2008 | 3.9% | £572pcm |
| April 2007 | 0% | £550pcm |
Explore Propertiesin LA1 1LY, Cheapside, Lancaster, LA1
Sales Historyin LA1 1LY
The last sale was on 1st September 2022 for £69,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LA1 1LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto LA1 1LY
LA1 1LY is the 60th largest and the 627th most expensive postcode out of the 1,210 postcodes in the LA1 area.
- 18 mLA1 1ND, Ashton Walk, Lancaster, LA1LA1 1ND4 Addresses
- 32 mLA1 1NB, Lancaster Gate, Lancaster, LA1LA1 1NB2 Addresses
- 36 mLA1 1LZ, Cheapside, Lancaster, LA1LA1 1LZ3 Addresses
- 36 mLA1 1NF, Rendsburg Way, Lancaster, LA1LA1 1NF1 Addresses
- 55 mLA1 1NE, Perpignan Way, Lancaster, LA1LA1 1NE2 Addresses
- 60 mLA1 1LP, Church Street, Lancaster, LA1LA1 1LP6 Addresses
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Property Typesin LA1 1LY
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiencyof properties in LA1 1LY
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Cheapside
Schools Nearbyto LA1 1LY
The nearest primary school to LA1 1LY is Lancaster Dallas Road Community Primary School which is 401 metres away.
- 401mLancaster Dallas Road Community Primary School
- 509mThe Cathedral Catholic Primary School, Lancaster
- 972mCastle View Primary Academy
The nearest secondary school is Lancaster Girls' Grammar School which is 452 metres away.
- 452mLancaster Girls' Grammar School
- 650mLancaster Royal Grammar School
- 666mOur Lady's Catholic College
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Public Transport Nearbyto LA1 1LY
The closest station to LA1 1LY is Lancaster station which is 600 metres away.
- 551mLancaster
- 3.8kmBare Lane
- 5.2kmMorecambe
- 7.6kmHeysham Port
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