Key takeaways
- The average price of a house in Lancaster now stands at £186,404
- Property prices are 5.2% higher than they were in April 2024
- The number of homes for sale is almost 50% higher than it was 12 months ago
- 30% of homes have now reduced their asking price since the start of the year
- Semi-detached homes have seen the biggest house price growth in the past 12 months, up 5.9% from last year.