LA1 4RG is a residential postcode situated on Gressingham Drive, Lancaster, LA1 with 14 addresses.
It ranks as the 561st largest and 95th most expensive of the 1,210 postcodes in the LA1 area.
The postcode contains a total of 14 properties: 14 flats.
LA1 4RG is a residential postcode situated on Gressingham Drive, Lancaster, LA1 with 14 addresses.
It ranks as the 561st largest and 95th most expensive of the 1,210 postcodes in the LA1 area.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £108,585 for 2 bedroom leasehold flats (785 ft2) to £111,124 for 2 bedroom leasehold flats (828 ft2) .
Monthly rental prices range from £654 pcm for 2 bed flats to £655 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.2%.
The average value per square foot is £136.
The last sale in LA1 4RG sold for £100,000 on 18th December 2020. Since then prices are up an average of 15.4%.
The current average value in the postcode is £109,722.
The LA1 4RG Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £109,722 |
| April 2025 | 3.1% | £108,698 |
| April 2024 | 1.5% | £105,401 |
| April 2023 | 2.6% | £103,812 |
| April 2022 | 5.8% | £101,194 |
| April 2021 | 5.9% | £95,688 |
| April 2020 | 0.9% | £90,358 |
| April 2019 | 0.9% | £89,596 |
| April 2018 | -0.2% | £88,796 |
| April 2017 | 1.4% | £88,984 |
| April 2016 | 1.2% | £87,723 |
| April 2015 | 2.2% | £86,724 |
| April 2014 | 1.3% | £84,885 |
| April 2013 | -0.2% | £83,796 |
| April 2012 | -0.9% | £83,992 |
| April 2011 | -2.2% | £84,733 |
| April 2010 | -0.5% | £86,603 |
| April 2009 | -11.9% | £87,049 |
| April 2008 | 2.1% | £98,793 |
| April 2007 | 0% | £96,727 |
The current average rental value in the postcode is £655.
The LA1 4RG Rental Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £655pcm |
| April 2025 | 3.9% | £629pcm |
| April 2024 | 10.7% | £605pcm |
| April 2023 | 3.8% | £546pcm |
| April 2022 | 7.2% | £526pcm |
| April 2021 | -0.4% | £491pcm |
| April 2020 | 1.4% | £493pcm |
| April 2019 | 2% | £486pcm |
| April 2018 | -0.7% | £477pcm |
| April 2017 | -1.3% | £480pcm |
| April 2016 | 1% | £486pcm |
| April 2015 | -0.5% | £481pcm |
| April 2014 | -0.4% | £483pcm |
| April 2013 | -0.4% | £485pcm |
| April 2012 | 0.3% | £487pcm |
| April 2011 | 0.8% | £486pcm |
| April 2010 | -1.9% | £482pcm |
| April 2009 | -1.7% | £491pcm |
| April 2008 | 4% | £500pcm |
| April 2007 | 0% | £480pcm |
The last sale was on 18th December 2020 for £100,000 and since then the market in the area has increased by 15.4%. The postcode has had a total of 3 sales since 1995.
LA1 4RG has seen no sales in the last three years and no sales in the last twelve months.
LA1 4RG is the 561st largest and the 95th most expensive postcode out of the 1,210 postcodes in the LA1 area.
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The closest station to LA1 4RG is Lancaster station which is 2.6 kilometres away.
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