Parkfield Drive - LA1 4BU
Key Postcode Insights
LA1 4BU is a residential postcode situated on Parkfield Drive, Lancaster, LA1 with 34 addresses.
It ranks as the 1449th largest and 859th most expensive of the 1,698 postcodes in the LA1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £225,826
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £929pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
LA1 4BU is a residential postcode situated on Parkfield Drive, Lancaster, LA1 with 34 addresses.
It ranks as the 1449th largest and 859th most expensive of the 1,698 postcodes in the LA1 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £225,826
- 10 Year change
- up 35.4%
- Ave. Rental Price
- £929pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin LA1 4BU
- 2 Parkfield Drive
3 Bed Mid-century House
- 4 Parkfield Drive
3 Bed Early-century House
- 6 Parkfield Drive
3 Bed Early-century House
- 8 Parkfield Drive
3 Bed Early-century House
- 10 Parkfield Drive
House
Sales Market Trends
The last sale in LA1 4BU sold for £227,500 on 26th November 2025. Since then prices are up an average of 0.9%.
The current average value in the postcode is £225,826.
The LA1 4BU Sales Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £225,826 |
| June 2025 | 2.8% | £226,726 |
| June 2024 | 1.5% | £220,541 |
| June 2023 | 1.6% | £217,290 |
| June 2022 | 10.9% | £213,871 |
| June 2021 | 7.6% | £192,882 |
| June 2020 | 2.1% | £179,314 |
| June 2019 | 1.5% | £175,544 |
| June 2018 | 1.1% | £172,961 |
| June 2017 | 2.6% | £171,139 |
| June 2016 | 2.2% | £166,786 |
| June 2015 | 2.5% | £163,234 |
| June 2014 | 2.7% | £159,234 |
| June 2013 | 1.1% | £155,024 |
| June 2012 | -0.5% | £153,350 |
| June 2011 | -1.5% | £154,091 |
| June 2010 | 7.4% | £156,384 |
| June 2009 | -10.4% | £145,591 |
| June 2008 | 0% | £162,443 |
| June 2007 | 0% | £162,483 |
Rental Market Trends
The current average rental value in the postcode is £929.
The LA1 4BU Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £929pcm |
| June 2025 | 5.2% | £897pcm |
| June 2024 | 10.6% | £853pcm |
| June 2023 | 4.4% | £771pcm |
| June 2022 | 10.1% | £738pcm |
| June 2021 | 2.9% | £670pcm |
| June 2020 | 1.7% | £651pcm |
| June 2019 | 3.4% | £641pcm |
| June 2018 | 0.8% | £620pcm |
| June 2017 | -0.1% | £615pcm |
| June 2016 | 1.6% | £616pcm |
| June 2015 | -0.1% | £606pcm |
| June 2014 | 1.3% | £607pcm |
| June 2013 | 0.9% | £599pcm |
| June 2012 | 0.5% | £594pcm |
| June 2011 | 1% | £591pcm |
| June 2010 | 6.1% | £585pcm |
| June 2009 | -1.5% | £552pcm |
| June 2008 | 3.4% | £560pcm |
| June 2007 | 0% | £541pcm |
Sales History
The last sale was on 26th November 2025 for £227,500 and since then the market in the area has increased by 0.9%. The postcode has had a total of 47 sales since 1995.
LA1 4BU has seen 8 sales in the last three years and 3 sales in the last twelve months.
- Sold Nov 2025£227,500 | 3 Bed House62, Parkfield Drive, Lancaster, LA1 4BU62, Parkfield Drive, Lancaster, LA1 4BU
- Sold Nov 2025£230,000 | 3 Bed House40, Parkfield Drive, Lancaster, LA1 4BU40, Parkfield Drive, Lancaster, LA1 4BU
- Sold Nov 2025£240,000 | 3 Bed House38, Parkfield Drive, Lancaster, LA1 4BU38, Parkfield Drive, Lancaster, LA1 4BU
- Sold Apr 2025£215,000 | 3 Bed House20, Parkfield Drive, Lancaster, LA1 4BU20, Parkfield Drive, Lancaster, LA1 4BU
- Sold Dec 2024£215,000 | 3 Bed House28, Parkfield Drive, Lancaster, LA1 4BU28, Parkfield Drive, Lancaster, LA1 4BU
Nearby Postcodes
LA1 4BU is the 1449th largest and the 859th most expensive postcode out of the 1,698 postcodes in the LA1 area.
- LA1 4BT, Parkfield Drive, Lancaster, LA1LA1 4BT40 Addresses|34 m away
- LA1 4BP, Malvern Avenue, Lancaster, LA1LA1 4BP30 Addresses|80 m away
- LA1 4BW, Somerset Avenue, Lancaster, LA1LA1 4BW38 Addresses|117 m away
- LA1 4BS, Bowerham Road, Lancaster, LA1LA1 4BS8 Addresses|131 m away
- LA1 4BY, Avondale Road, Lancaster, LA1LA1 4BY39 Addresses|149 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 18 early-century houses built between 1912 and 1935
- 13 other addresses of unknown type
- mid-century house (1)
- house (2)
- early-century house (18)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (13)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Apr 2022£249,950 | 3 Bed House73, Parkfield Drive, Lancaster, LA1 4BT73, Parkfield Drive, Lancaster, LA1 4BT
- Sold Jun 2023£246,000 | 3 Bed House43, Parkfield Drive, Lancaster, LA1 4BT43, Parkfield Drive, Lancaster, LA1 4BT
- Sold Jan 2026£242,500 | 3 Bed House79, Parkfield Drive, Lancaster, LA1 4BT79, Parkfield Drive, Lancaster, LA1 4BT
Schools Nearby
- Bowerham Primary & Nursery School100 m away
- The Cathedral Catholic Primary School, Lancaster800 m away
- Scotforth St Paul's Church of England Primary and Nursery School800 m away
- Ripley St Thomas Church of England Academy600 m away
- Lancaster Royal Grammar School900 m away
- Lancaster Girls' Grammar School1.0 km away
More reading links
Public Transport Nearby
The closest station to LA1 4BU is Lancaster station, which is 1.4 kilometres away.
- Lancaster|1.4 km away
- Bare Lane|4.9 km away
- Morecambe|6.1 km away
- Heysham Port|7.9 km away