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Registered Address: 2 Leman St, London E1 8FA
LA2 8LYHouse Prices / North West, Lancaster, Gressingham, Lancaster
Last updated May 2026
Key Postcode Insights
LA2 8LY is a residential postcode situated on Gressingham, Lancaster, LA2 with 3 addresses.
It ranks as the 224th largest and 1445th most expensive of the 1,507 postcodes in the LA2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
LA2 8LY is a residential postcode situated on Gressingham, Lancaster, LA2 with 3 addresses.
It ranks as the 224th largest and 1445th most expensive of the 1,507 postcodes in the LA2 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin LA2 8LY
Sale prices range from £614,044 for 5 bedroom freehold houses with a garden (2,615 ft2) to £635,596 for 5 bedroom freehold houses with a garden (2,615 ft2) .
Monthly rental prices range from £2,009 pcm for 5 bed houses to £2,029 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 4.0%.
The average value per square foot is £243.
Average Sale Value
£628,412
Average Rental Value
£2,015 pcm
Average Rental Yield
3.8% /year
Average Value Per Sqft
£243 /ft2
Sales Market Trendsin LA2 8LY
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 £628,412.
The LA2 8LY Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £628,412 |
| April 2025 | 0.6% | £633,236 |
| April 2024 | 0.3% | £629,464 |
| April 2023 | 5.3% | £627,647 |
| April 2022 | 9.7% | £596,224 |
| April 2021 | 8.8% | £543,555 |
| April 2020 | 2.5% | £499,727 |
| April 2019 | 1.5% | £487,361 |
| April 2018 | 1.8% | £480,051 |
| April 2017 | 2.5% | £471,662 |
| April 2016 | 4.1% | £459,974 |
| April 2015 | 2.8% | £441,996 |
| April 2014 | 1.7% | £429,924 |
| April 2013 | 2% | £422,638 |
| April 2012 | -1% | £414,543 |
| April 2011 | -2.8% | £418,860 |
| April 2010 | 7.8% | £430,738 |
| April 2009 | -8.4% | £399,601 |
| April 2008 | -0.8% | £436,195 |
| April 2007 | 0% | £439,904 |
Rental Market Trendsin LA2 8LY
The current average rental value in the postcode is £2,015.
The LA2 8LY Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £2,015pcm |
| April 2025 | 3.7% | £1,970pcm |
| April 2024 | 10.6% | £1,900pcm |
| April 2023 | 6% | £1,718pcm |
| April 2022 | 9.5% | £1,620pcm |
| April 2021 | 1.7% | £1,480pcm |
| April 2020 | 3.1% | £1,456pcm |
| April 2019 | 2.1% | £1,412pcm |
| April 2018 | 1.3% | £1,383pcm |
| April 2017 | -0.1% | £1,366pcm |
| April 2016 | 2.4% | £1,368pcm |
| April 2015 | 0.2% | £1,335pcm |
| April 2014 | 2.1% | £1,333pcm |
| April 2013 | 3.5% | £1,305pcm |
| April 2012 | 0.7% | £1,261pcm |
| April 2011 | -0.1% | £1,252pcm |
| April 2010 | 5% | £1,254pcm |
| April 2009 | 0.1% | £1,194pcm |
| April 2008 | 3.1% | £1,193pcm |
| April 2007 | 0% | £1,156pcm |
Explore Propertiesin LA2 8LY, Gressingham, Lancaster, LA2
Sales Historyin LA2 8LY
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 sales since 1995.
LA2 8LY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto LA2 8LY
LA2 8LY is the 224th largest and the 1445th most expensive postcode out of the 1,507 postcodes in the LA2 area.
- 623 mLA2 8LX, Gressingham, Lancaster, LA2LA2 8LX11 Addresses
- 978 mLA2 9LH, Farleton, Lancaster, LA2LA2 9LH2 Addresses
- 1.1 kmLA2 8LN, Fleet Lane, Gressingham, Lancaster, LA2LA2 8LN3 Addresses
- 1.2 kmLA2 8LW, Gressingham, Lancaster, LA2LA2 8LW13 Addresses
- 1.3 kmLA2 8LE, Priory Lane, Hornby, Lancaster, LA2LA2 8LE7 Addresses
- 1.3 kmLA2 8LB, Hornby Hall Close, Hornby, Lancaster, LA2LA2 8LB20 Addresses
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Property Typesin LA2 8LY
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiencyof properties in LA2 8LY
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Gressingham, Lancaster
Schools Nearbyto LA2 8LY
The nearest primary school to LA2 8LY is Hornby St Margaret's Church of England Primary School which is 1.4 kilometres away.
- 1.4kmHornby St Margaret's Church of England Primary School
- 3.5kmWray with Botton Endowed Primary School
- 3.7kmArkholme Church of England Primary School
The nearest secondary school is Carnforth High School which is 6.8 kilometres away.
- 6.8kmCarnforth High School
- 10.3kmLancaster High School
- 10.6kmQueen Elizabeth School
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Public Transport Nearbyto LA2 8LY
The closest station to LA2 8LY is Wennington station which is 4.8 kilometres away.
- 4.8kmWennington
- 7.6kmCarnforth
- 9.6kmBentham
- 11.5kmSilverdale
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