Gressingham, Lancaster - LA2 8LY
Key Postcode Insights
LA2 8LY is a residential postcode situated on Gressingham, Lancaster, LA2 with 3 addresses.
It ranks as the 224th largest and 1442nd most expensive of the 1,507 postcodes in the LA2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £623,025
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £1,909pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
LA2 8LY is a residential postcode situated on Gressingham, Lancaster, LA2 with 3 addresses.
It ranks as the 224th largest and 1442nd most expensive of the 1,507 postcodes in the LA2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £623,025
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £1,909pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin LA2 8LY
Sales Market Trends
The last sale in LA2 8LY sold for £2,560,000 on 16th October 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £623,025.
The LA2 8LY Sales Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £623,025 |
| June 2025 | 0.3% | £632,834 |
| June 2024 | 0% | £631,205 |
| June 2023 | 3.3% | £631,326 |
| June 2022 | 11.5% | £611,301 |
| June 2021 | 7.7% | £548,398 |
| June 2020 | 2.6% | £509,251 |
| June 2019 | 2.3% | £496,297 |
| June 2018 | 1.3% | £485,110 |
| June 2017 | 2.7% | £478,960 |
| June 2016 | 2.6% | £466,261 |
| June 2015 | 3.3% | £454,536 |
| June 2014 | 1.5% | £440,024 |
| June 2013 | -1% | £433,385 |
| June 2012 | -1.3% | £437,912 |
| June 2011 | -0.9% | £443,752 |
| June 2010 | 8.6% | £447,567 |
| June 2009 | -6% | £412,278 |
| June 2008 | -1% | £438,553 |
| June 2007 | 0% | £443,009 |
Rental Market Trends
The current average rental value in the postcode is £1,909.
The LA2 8LY Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,909pcm |
| June 2025 | 3.8% | £1,862pcm |
| June 2024 | 10.2% | £1,794pcm |
| June 2023 | 5.2% | £1,627pcm |
| June 2022 | 9.8% | £1,547pcm |
| June 2021 | 2.6% | £1,409pcm |
| June 2020 | 2.2% | £1,374pcm |
| June 2019 | 3.1% | £1,343pcm |
| June 2018 | 0.8% | £1,303pcm |
| June 2017 | 0.5% | £1,292pcm |
| June 2016 | 2.1% | £1,286pcm |
| June 2015 | 0.1% | £1,260pcm |
| June 2014 | 1.9% | £1,259pcm |
| June 2013 | 0.2% | £1,235pcm |
| June 2012 | 0.2% | £1,233pcm |
| June 2011 | 2% | £1,231pcm |
| June 2010 | 6.5% | £1,206pcm |
| June 2009 | -0.1% | £1,132pcm |
| June 2008 | 4.5% | £1,133pcm |
| June 2007 | 0% | £1,085pcm |
Sales History
The last sale was on 16th October 2020 for £2,560,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
LA2 8LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LA2 8LY is the 224th largest and the 1442nd most expensive postcode out of the 1,507 postcodes in the LA2 area.
- LA2 8LX, Gressingham, Lancaster, LA2LA2 8LX11 Addresses|623 m away
- LA2 9LH, Farleton, Lancaster, LA2LA2 9LH2 Addresses|978 m away
- LA2 8LN, Fleet Lane, Gressingham, Lancaster, LA2LA2 8LN3 Addresses|1.1 km away
- LA2 8LW, Gressingham, Lancaster, LA2LA2 8LW13 Addresses|1.2 km away
- LA2 8LE, Priory Lane, Hornby, Lancaster, LA2LA2 8LE7 Addresses|1.3 km away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Hornby St Margaret's Church of England Primary School1.4 km away
- Wray with Botton Endowed Primary School3.5 km away
- Arkholme Church of England Primary School3.7 km away
- Carnforth High School6.8 km away
- Lancaster High School10.3 km away
- Queen Elizabeth School10.6 km away
More reading links
Public Transport Nearby
The closest station to LA2 8LY is Wennington station, which is 4.8 kilometres away.
- Wennington|4.8 km away
- Carnforth|7.6 km away
- Bentham|9.6 km away
- Silverdale|11.5 km away
