Residential dwellings
12,941
Addressable residential units in the area (OS AddressBase).
LA3 rents and yields
Asking rent £858/month · Gross yield 4.4% · 12 months, listings to Sep 2026
What is LA3?
LA3: residential dwellings 12,941.
HMO-shaped dwellings
0.6%
LA3 ranks 3rd of 6 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 11,324
- Mixed-use buildings
- 1.5%
- HMO-shaped units
- 55%
- EPC A or B
- 5.8%
- EPC D or worse
- 63%
What does LA3 earn?
LA3: asking rent £858/month (12 months to Sep 2026, 171 lets).
Asking rent
£858/month 12 months to Sep 2026
171 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 171 lets.
Gross yield, asking basis
4.4% 12 months to Sep 2026
232 lets
-1% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 232 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
55 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does LA3 vary by home size?
Asking rent in LA3 runs from £652/month for 1 bedroom to £777/month for 2 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £652/month | 12 months to Sep 2026 · 8 of 12 months observed | — | 62 |
| 2 bedrooms | £777/month | 12 months to Sep 2026 · 11 of 12 months observed | — | 91 |
| 3 bedrooms | Not published | — | — | — |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns LA3?
Corporate landlords hold 83% of the 477 units in LA3 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords83% of classified · 394 units
- Individuals (not traceable in bulk)9.6% of classified · 46 units
- Housing associations5.7% of classified · 27 units
- RMC2.1% of classified · 10 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does LA3 rank?
LA3 ranks 5th of 6 postcode districts in Lancaster for asking rent, at £858/month.
Asking rent · postcode districts in Lancaster
LA3 ranks 5th of 6 postcode districts in Lancaster for asking rent, at £858/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LA6 | £1,034/month | 12 months to Sep 2026 · from monthly figures | 56 | indicative |
| 2 | LA2 | £993/month | 12 months to Sep 2026 · from monthly figures | 119 | measured |
| 3 | LA5 | £984/month | 12 months to Sep 2026 · from monthly figures | 70 | indicative |
| 4 | LA1 | £862/month | 12 months to Sep 2026 · from monthly figures | 980 | measured |
| 5 | LA3 | £858/month | 12 months to Sep 2026 · from monthly figures | 171 | measured |
Full table: asking rent across postcode districts in Lancaster
Gross yield, asking basis · postcode districts in Lancaster
LA3 ranks 3rd of 6 postcode districts in Lancaster for gross yield, asking basis, at 4.4%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LA4 | 4.9% | 12 months to Sep 2026 · from monthly figures | 229 | measured |
| 2 | LA1 | 4.7% | 12 months to Sep 2026 · from monthly figures | 1,544 | measured |
| 3 | LA3 | 4.4% | 12 months to Sep 2026 · from monthly figures | 232 | measured |
| 4 | LA6 | 4.0% | 12 months to Sep 2026 · from monthly figures · 9 of 12 months observed | 70 | indicative |
| 5 | LA5 | 3.7% | 12 months to Sep 2026 · from monthly figures · 9 of 12 months observed | 72 | indicative |
Full table: gross yield, asking basis across postcode districts in Lancaster
Where next from LA3?
- LancasterThe wider market this area sits in.
- LA1Neighbouring postcode district · Asking £2,591/m² · Sep 2026
- LA2Neighbouring postcode district · Asking £2,955/m² · Sep 2026
- LA4Neighbouring postcode district · Asking £2,202/m² · Sep 2026
- LA5Neighbouring postcode district · Asking £2,952/m² · Sep 2026
- LA6Neighbouring postcode district · Asking £2,998/m² · Sep 2026
Questions about LA3
- What is the average rent in LA3?
- Homes to let in LA3 asked a median £858/month over the 12 months to Sep 2026, 171 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LA3?
- 4.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 232 lets. -1% on the previous 12 months.
- What kind of homes are in LA3?
- LA3 has 12,941 homes, 0.6% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about LA3
- Property values in LA3Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in LA3Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in LA3What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in LA3What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in LA3Registered completions from Price Paid, newest first.
- Planning applications in LA3What was proposed, who decided it and whether it was approved.
- Estate agents in LA3Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 171 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 232 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |