marketcodeAsking rent
£968 a month 12 months to Jul 2026
68 lets
Postcode district
LA5 rental market
Asking rent £968 a month · Gross yield 3.7% · 12 months, listings to Jul 2026
What is LA5?
- Buildings
- 7,014
- Mixed-use buildings
- 1.4%
- HMO-shaped units
- 13%
What does LA5 earn?
LA5: asking rent £968 a month (12 months to Jul 2026, 68 lets).
Gross yield, asking basis
3.7% 12 months to Jun 2026
90 lets
-20.8% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
14 on 21 Sep 2026
How does LA5 vary by home size?
Asking rent in LA5 runs from £810 a month for 2 bedrooms to £857 a month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £810 a month | 12 months to Jun 2026 | — | 47 |
| 3 bedrooms | £857 a month | 12 months to Sep 2024 | — | 40 |
| 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, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns LA5?
Corporate landlords hold 64% of the 279 units in LA5 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords64% of classified · 179 units
- Housing associations25% of classified · 71 units
- Individuals (not traceable in bulk)9.0% of classified · 25 units
- RMC1.4% of classified · 4 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 LA5 rank?
LA5 ranks 3rd of 6 postcode districts in Lancaster for asking rent, at £968 a month.
Asking rent · postcode districts in Lancaster
LA5 ranks 3rd of 6 postcode districts in Lancaster for asking rent, at £968 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | LA6 | £1,010 a month | 60 | indicative |
| 2 | LA2 | £986 a month | 104 | measured |
| 3 | LA5 | £968 a month | 68 | indicative |
| 4 | LA3 | £860 a month | 172 | measured |
| 5 | LA1 | £854 a month | 1,030 | measured |
Full table: asking rent across postcode districts in Lancaster →
Gross yield, asking basis · postcode districts in Lancaster
LA5 ranks 5th of 6 postcode districts in Lancaster for gross yield, asking basis, at 3.7%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | LA4 | 4.9% | 211 | measured |
| 2 | LA1 | 4.8% | 1,556 | measured |
| 3 | LA6 | 4.5% | 101 | measured |
| 4 | LA3 | 4.4% | 221 | measured |
| 5 | LA5 | 3.7% | 90 | measured |
Full table: gross yield, asking basis across postcode districts in Lancaster →
Where next from LA5?
- LancasterThe wider market this area sits in.
- LA1Neighbouring postcode district · £2,698/m²
- LA2Neighbouring postcode district · £3,055/m²
- LA3Neighbouring postcode district · £2,666/m²
- LA4Neighbouring postcode district · £2,123/m²
- LA6Neighbouring postcode district · £3,135/m²
- LA11Next door, in another authority · £3,281/m²
- LA7Next door, in another authority · £4,280/m²
Questions about LA5
- What is the average rent in LA5?
- Homes to let in LA5 asked a median £968 a month over the 12 months to Jul 2026, 68 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LA5?
- 3.7% 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 Jun 2026, 90 lets. -20.8% on the previous 12 months.
Everything else about LA5
- Properties in LA5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in LA5Footprints, heights and the units inside them.
- Land and plots in LA5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in LA5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in LA5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in LA5Registered completions from Price Paid, newest first.
- Planning applications in LA5What was proposed, who decided it and whether it was approved.
- Estate agents active in LA5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 68 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Jun 2026 | Jun 2026 | 90 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |