Market outlook for LA4
Key indicators for buyers
The LA4 market looks favourable for buyers. Prices have softened (-14.6%), which could present a buying opportunity. Affordability has improved from a peak of 6.4x in 2021 to 5.8x today. Rising rents (£799/mo, +6.3%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Lancaster area
A home in Lancaster costs 5.8x the local median salary — moderate, improving from a peak of 6.4x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lancaster area
Average monthly rent in Lancaster is £799, up 6.3% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lancaster price of £180,643 with a 25% deposit (£45k), a 2-year fixed mortgage at 3.97% costs around £713 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LA4 avg. price with Lancaster rental data
Monthly mortgage payments (£713) are £86 less than renting (£799). However, buying requires an upfront deposit of £45k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
158, HAMPSFELL DRIVE LA4 4TP | Terraced | £157,500 | 27 Jan 2026 |
4, SIZERGH ROAD LA4 6TL | Semi-detached | £224,000 | 23 Jan 2026 |
11, HAWESWATER PLACE LA4 5TZ | Terraced | £185,000 | 23 Jan 2026 |
4, CHATSWORTH ROAD LA4 4JG | Semi-detached | £145,000 | 13 Jan 2026 |
8, SCOTT AVENUE LA4 4LL | Semi-detached | £165,000 | 12 Jan 2026 |
11, OSBORNE ROAD LA4 4LS | Terraced | £178,000 | 12 Jan 2026 |
55, GRINGLEY ROAD LA4 4SE | Semi-detached | £210,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.