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Lancaster · report

Past price cycles in Lancaster

Sale prices have fallen by 3% or more 10 times since 1995. The deepest began in November 2007.

Deepest fall
−21.9%
Recovery from the low
128 months

Prices in Lancaster and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Lancaster
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodLancasterUnited Kingdom
Aug 2026455.8534.7
Jul 2026455.5532.9
Jun 2026448.9530.1
May 2026438.7533.1
Apr 2026431.0530.6
Mar 2026434.4526.0
Feb 2026438.7527.6
Jan 2026441.4526.4
Dec 2025446.2524.8
Nov 2025444.6529.6
Oct 2025446.0528.4
Sep 2025438.9527.8
Aug 2025435.7529.8
Jul 2025432.7526.5
Jun 2025426.0522.4
May 2025429.0517.1
Apr 2025431.7509.5
Mar 2025435.8524.8
Feb 2025434.3518.5
Jan 2025432.8518.8
Dec 2024439.3517.0
Nov 2024448.5518.0
Oct 2024440.9519.4
Sep 2024440.6518.4
Aug 2024432.6519.1
Jul 2024444.4514.0
Jun 2024437.5508.3
May 2024432.4506.3
Apr 2024425.6502.2
Mar 2024422.2499.5
Feb 2024424.3498.6
Jan 2024427.1501.2
Dec 2023434.9501.6
Nov 2023444.3505.9
Oct 2023444.9509.4
Sep 2023445.4511.7
Aug 2023437.5514.2
Jul 2023425.7511.4
Jun 2023414.7505.8
May 2023407.7503.9
Apr 2023417.7502.2
Mar 2023422.5501.1
Feb 2023428.5506.8
Jan 2023428.7511.0
Dec 2022430.9515.4
Nov 2022433.8519.5
Oct 2022423.8520.3
Sep 2022421.0520.3
Aug 2022414.5519.2
Jul 2022413.9514.8
Jun 2022407.5505.4
May 2022401.0499.4
Apr 2022394.1493.8
Mar 2022393.7488.0
Feb 2022395.0486.2
Jan 2022395.4485.7
Dec 2021389.4480.1
Nov 2021387.0477.7
Oct 2021383.1468.5
Sep 2021374.2480.5
Aug 2021374.4466.8
Jul 2021370.1453.1
Jun 2021373.3475.4
May 2021367.4451.4
Apr 2021369.2448.4
Mar 2021371.7455.2
Feb 2021364.3448.6
Jan 2021358.1447.3
Dec 2020352.9447.3
Nov 2020349.3443.9
Oct 2020350.9439.4
Sep 2020352.1435.7
Aug 2020344.8431.1
Jul 2020333.0426.9
Jun 2020316.9423.4
May 2020319.4417.6
Apr 2020322.8415.5
Mar 2020325.8419.7
Feb 2020323.4416.0
Jan 2020328.0418.4
Dec 2019337.0418.1
Nov 2019338.7418.7
Oct 2019337.3420.2
Sep 2019332.2421.3
Aug 2019328.2421.0
Jul 2019327.1419.6
Jun 2019324.1415.0
May 2019323.2413.2
Apr 2019321.6412.6
Mar 2019323.2409.7
Feb 2019325.8410.8
Jan 2019321.5411.8
Dec 2018317.0414.4
Nov 2018318.7415.3
Oct 2018327.9417.1
Sep 2018329.8417.5
Aug 2018326.8418.3
Jul 2018318.6417.0
Jun 2018316.8411.9
May 2018311.9409.2
Apr 2018315.8407.5
Mar 2018317.7403.7
Feb 2018322.3406.1
Jan 2018320.8405.0
Dec 2017316.6406.5
Nov 2017314.0404.9
Oct 2017310.4406.0
Sep 2017311.3405.7
Aug 2017312.3407.2
Jul 2017312.3405.4
Jun 2017316.7400.2
May 2017315.2396.8
Apr 2017315.8394.4
Mar 2017314.6388.3
Feb 2017312.1389.1
Jan 2017311.4388.3
Dec 2016310.8388.7
Nov 2016313.4388.0
Oct 2016313.8386.2
Sep 2016310.6387.5
Aug 2016310.8388.1
Jul 2016309.2388.1
Jun 2016307.7384.0
May 2016307.4380.4
Apr 2016300.9376.0
Mar 2016299.8374.6
Feb 2016298.5370.8
Jan 2016301.9370.6
Dec 2015306.6369.6
Nov 2015305.4368.4
Oct 2015305.5365.6
Sep 2015303.1365.1
Aug 2015302.7364.3
Jul 2015300.7361.0
Jun 2015296.9355.0
May 2015292.1352.3
Apr 2015291.5348.5
Mar 2015288.7345.5
Feb 2015289.9344.2
Jan 2015289.9343.9
Dec 2014291.7345.7
Nov 2014295.6344.9
Oct 2014295.8346.1
Sep 2014298.4346.6
Aug 2014297.1346.2
Jul 2014296.6342.2
Jun 2014295.5337.5
May 2014290.2334.6
Apr 2014285.1331.1
Mar 2014281.8323.9
Feb 2014283.1322.7
Jan 2014286.1321.4
Dec 2013285.0321.0
Nov 2013283.3318.1
Oct 2013287.5316.4
Sep 2013287.3317.7
Aug 2013288.4317.4
Jul 2013285.0314.9
Jun 2013286.2311.4
May 2013279.2308.9
Apr 2013275.3307.3
Mar 2013271.9304.3
Feb 2013279.8302.5
Jan 2013281.4302.5
Dec 2012284.1304.6
Nov 2012291.3305.3
Oct 2012294.4305.0
Sep 2012294.7307.2
Aug 2012287.5308.3
Jul 2012283.1307.9
Jun 2012281.6306.7
May 2012278.2303.8
Apr 2012282.0302.8
Mar 2012284.3299.3
Feb 2012284.4298.5
Jan 2012280.7299.3
Dec 2011275.2301.3
Nov 2011272.3302.6
Oct 2011276.7302.5
Sep 2011283.6305.8
Aug 2011284.5306.6
Jul 2011274.0306.4
Jun 2011266.0302.6
May 2011270.1302.1
Apr 2011275.5303.4
Mar 2011276.9298.8
Feb 2011277.4300.2
Jan 2011277.2301.8
Dec 2010280.2304.3
Nov 2010283.5304.9
Oct 2010289.6308.5
Sep 2010294.3312.0
Aug 2010293.0312.8
Jul 2010294.3312.8
Jun 2010290.5309.7
May 2010289.5308.2
Apr 2010286.1306.7
Mar 2010287.0302.8
Feb 2010286.6302.8
Jan 2010288.4302.1
Dec 2009292.1303.2
Nov 2009290.6301.2
Oct 2009284.4300.2
Sep 2009276.3298.2
Aug 2009278.4295.9
Jul 2009279.0293.0
Jun 2009273.5287.8
May 2009265.0285.0
Apr 2009264.4281.1
Mar 2009262.4278.6
Feb 2009261.2280.3
Jan 2009264.2283.6
Dec 2008281.8290.3
Nov 2008293.0294.8
Oct 2008300.2303.4
Sep 2008303.1309.6
Aug 2008309.6317.6
Jul 2008311.5324.4
Jun 2008310.7328.0
May 2008309.3332.4
Apr 2008309.3330.4
Mar 2008311.8329.8
Feb 2008315.6332.2
Jan 2008321.0335.1
Dec 2007324.8341.3
Nov 2007334.5341.8
Oct 2007332.6342.0
Sep 2007325.8342.8
Aug 2007314.1342.3
Jul 2007310.6340.4
Jun 2007307.3336.1
May 2007302.6332.5
Apr 2007297.0328.7
Mar 2007298.2322.2
Feb 2007298.5319.8
Jan 2007295.6318.8
Dec 2006295.3319.0
Nov 2006292.2315.0
Oct 2006297.3313.4
Sep 2006297.0311.6
Aug 2006296.0310.3
Jul 2006287.3307.7
Jun 2006284.9303.4
May 2006280.7300.5
Apr 2006282.8297.7
Mar 2006273.6291.4
Feb 2006272.0289.0
Jan 2006268.9288.6
Dec 2005271.4289.0
Nov 2005273.5287.4
Oct 2005274.6286.6
Sep 2005276.4287.1
Aug 2005275.2287.6
Jul 2005276.8286.4
Jun 2005271.1282.8
May 2005261.3280.6
Apr 2005248.7277.6
Mar 2005250.3273.7
Feb 2005253.9271.5
Jan 2005267.8271.7
Dec 2004265.9271.9
Nov 2004265.9273.9
Oct 2004261.6274.3
Sep 2004258.6272.3
Aug 2004257.7272.8
Jul 2004251.2269.7
Jun 2004244.6264.1
May 2004236.2259.5
Apr 2004227.2256.4
Mar 2004221.8245.3
Feb 2004213.2244.7
Jan 2004205.7247.1
Dec 2003200.7245.6
Nov 2003197.6240.9
Oct 2003197.5243.6
Sep 2003194.2239.4
Aug 2003191.4240.2
Jul 2003186.6236.0
Jun 2003182.5231.9
May 2003173.1231.4
Apr 2003163.0233.0
Mar 2003159.0227.6
Feb 2003162.3222.8
Jan 2003164.9225.2
Dec 2002161.7226.8
Nov 2002158.2219.5
Oct 2002155.1217.3
Sep 2002151.4215.7
Aug 2002147.4210.6
Jul 2002142.4206.0
Jun 2002136.9204.4
May 2002132.9196.4
Apr 2002129.8191.4
Mar 2002129.5188.9
Feb 2002127.0182.5
Jan 2002126.2176.1
Dec 2001126.2176.7
Nov 2001126.6176.7
Oct 2001126.7176.7
Sep 2001123.5180.3
Aug 2001121.6180.3
Jul 2001118.9180.3
Jun 2001118.5174.1
May 2001113.7174.1
Apr 2001111.8174.1
Mar 2001112.4168.0
Feb 2001116.1168.0
Jan 2001116.5168.0
Dec 2000115.5168.9
Nov 2000113.6168.9
Oct 2000112.9168.9
Sep 2000110.6164.0
Aug 2000108.4164.0
Jul 2000107.1164.0
Jun 2000106.8161.0
May 2000106.6161.0
Apr 2000106.4161.0
Mar 2000104.8152.6
Feb 2000105.6152.6
Jan 2000104.7152.6
Dec 1999106.4148.8
Nov 1999106.6148.8
Oct 1999105.0148.8
Sep 1999104.3145.1
Aug 1999104.9145.1
Jul 1999106.6145.1
Jun 1999103.4137.1
May 1999100.8137.1
Apr 199995.9137.1
Mar 199994.5131.5
Feb 199992.3131.5
Jan 199994.3131.5
Dec 199897.3130.7
Nov 199899.1130.7
Oct 1998101.2130.7
Sep 1998101.2131.3
Aug 199899.8131.3
Jul 199898.2131.3
Jun 199898.9125.8
May 1998100.6125.8
Apr 1998100.6125.8
Mar 199898.1119.5
Feb 199896.5119.5
Jan 199896.5119.5
Dec 199796.8116.5
Nov 199797.2116.5
Oct 199797.3116.5
Sep 199797.4117.4
Aug 199798.2117.4
Jul 199797.9117.4
Jun 199797.9111.7
May 199795.6111.7
Apr 199793.5111.7
Mar 199792.0109.5
Feb 199792.2109.5
Jan 199793.2109.5
Dec 199695.2108.0
Nov 199694.7108.0
Oct 199695.9108.0
Sep 199693.9106.2
Aug 199695.2106.2
Jul 199693.8106.2
Jun 199694.5102.2
May 199692.6102.2
Apr 199691.8102.2
Mar 199690.9102.1
Feb 199694.0102.1
Jan 199695.8102.1
Dec 199597.2100.6
Nov 199598.5100.6
Oct 199599.9100.6
Sep 1995101.2102.0
Aug 199599.9102.0
Jul 1995100.1102.0
Jun 199599.8101.1
May 199599.5101.1
Apr 199597.8101.1
Mar 199598.1100.0
Feb 199597.9100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
September 1995March 1996−10.2%631
October 1998February 1999−8.8%44
January 2001April 2001−4.1%32
January 2003March 2003−3.6%22
January 2005April 2005−7.1%32
November 2007February 2009−21.9%15128
November 2019June 2020−6.4%72
November 2022May 2023−6.0%63
September 2023March 2024−5.2%68
November 2024June 2025−5.0%712

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Lancaster

Next 12 months

Sale prices have an 80% chance of landing between £202,259 and £232,960 by August 2027.

Expected, August 2027
£217,610
Chance of a rise
88%

Affordability

At the average sale price, a home costs £203,781. With 10% down and a 30-year mortgage, the payment is £940 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
16%
Payment, one income
32%

Buy or rent

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£830
Owning per month
£959

New homes

34.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
150
Per 1,000 residents
1.0

Foreign buyers

Figures for United Kingdom: Lancaster has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

People and new homes

In 2025 the population fell by 91 while 120 homes were finished.

Homes finished, 2025
120
Population change, 2025
−91

Empty homes

7.4% of the 65,403 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
7.4%
Empty homes
4,850

Renovation

In 2025, 15% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
15%