The median home in Banks sells for £227,750
That is the middle of 238 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 4.8 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
Half of Banks’s sales are semi-detached houses
238 homes sold in three years: 87 detached houses, 115 semi-detached houses, 19 terraced houses and 17 flats and maisonettes. A detached house sells for 3 times what a flat does.
median sale · 87 sold in 3 years
- Middle half
- £247K–£380K
- Last 12 months
- £323K30 sold
- New build
- £338K
median sale · 115 sold in 3 years
- Middle half
- £178K–£245K
- Last 12 months
- £205K26 sold
- New build
- £245K
median sale · 19 sold in 3 years
- Middle half
- £135K–£235K
- Last 12 months
- £172K8 sold
median sale · 17 sold in 3 years
- Middle half
- £100K–£125K
- Last 12 months
- £103K6 sold
A mixed market: no one type makes up more than 48% of sales
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Half of Banks’s homes sold for between £175K and £287K
One sale in ten was under £130K and one in ten over £380K. 63% sold for under £250K.
The median, £227,750, sits in the £200–250K band
238 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
The typical home costs 4.8 times as much as in 1995, a slower rise than England’s
Land Registry has recorded every sale since 1995. The median went from £47,500 in 1995 to £227,000 in the last 12 months (£176,000 in 2019).
About as many homes sell as usual
70 sales in the last 12 months, against 131 in 2001, the busiest year, and 29 in 2009. Sales fell by 69% from 2007 to 2009 in the financial crisis, and the median by 3%.
Banks costs less than England as a whole
Median sale price each calendar year: Banks, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
Semi-detached houses rose the most since 1995
| 1995 | 2000 | 2005 | 2010 | 2015 | 2020 | Last 12 months | |
|---|---|---|---|---|---|---|---|
| Detached houses | £77K | £140K | £200K | £158K | £247K | £288K | £323K |
| Semi-detached houses | £47K | £59K | £127K | £125K | £139K | £167K | £205K |
| Terraced houses | — | £72K | £165K | — | — | £142K | £172K |
| Flats and maisonettes | — | — | £115K | — | — | £94K | £103K |
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
Hardly any new homes: 0% of sales in the last 12 months
573 new homes have been sold in Banks since 1995; the share peaked at 49% in 2001.
Calendar years with 10 or more sales, then the last 12 months.
A new home sold for a median £254,997
against £215,000 for a home sold on, 19% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
12% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 5% sold leasehold in Banks. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Sherbrook Drive is Banks’s busiest street, with 21 sales in three years
17 streets had five or more sales from Sep 2023 to Aug 2026, 6 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
| # | Street | Postcode area | Sales | Median | Homes |
|---|---|---|---|---|---|
| 1 | Sherbrook Drive | PR9 | 21 | £262,500 | Mixed · new builds |
| 2 | Talbot Way | PR9 | 21 | £244,995 | Mostly semi-detached houses · new builds |
| 3 | Abington Drive | PR9 | 12 | £120,000 | Mixed |
| 4 | New Lane Pace | PR9 | 11 | £175,000 | Mostly semi-detached houses |
| 5 | Aveling Drive | PR9 | 10 | £171,500 | Mixed |
| 6 | Gravel Lane | PR9 | 10 | £163,500 | Mixed |
| 7 | Sanderling Drive | PR9 | 8 | £269,000 | Mixed |
| 8 | Station Road | PR9 | 8 | £240,000 | Mixed |
| 9 | Church Road | PR9 | 8 | £231,500 | Mostly detached houses |
| 10 | Lancaster Drive | PR9 | 8 | £205,000 | Mostly semi-detached houses |
| 11 | Fleetwood Drive | PR9 | 8 | £188,750 | Mostly semi-detached houses |
| 12 | Westerdale Drive | PR9 | 6 | £347,500 | Mostly detached houses |
| 13 | Banks Road | PR9 | 6 | £202,500 | Mostly semi-detached houses |
| 14 | Ralphs Wifes Lane | PR9 | 5 | £277,500 | Mixed |
| 15 | Fleetwood Crescent | PR9 | 5 | £235,000 | Mostly detached houses |
Westerdale Drive: £347,500
Abington Drive: £120,000
Among streets with five or more sales; the dearest street’s median is 2.9 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Banks is the 22nd most expensive of 65 towns in Lancashire
Banks is in the middle of Lancashire’s towns to buy in; the typical UK town’s median is £277,000.
Towns of 2,500 or more in Lancashire with 10+ standard sales; each links to its own Housing page.
Banks’s neighbours
Cheaper nearby: Freckleton.
| Town | Miles | Median | Sold, 12 mo | Since 2016 |
|---|---|---|---|---|
| Banks | — | £228K | 70 | +14% |
| Tarleton and Hesketh Bank | 3.6 | £280K | 118 | +33% |
| Southport | 4 | £220K | 1,137 | +38% |
| Rufford | 5 | £311K | 16 | +11% |
| Warton (Fylde) | 5.4 | £224K | 70 | +20% |
| Freckleton | 5.6 | £201K | 83 | +43% |
| Croston | 5.9 | £263K | 34 | +52% |
| Lytham St Anne's | 6.2 | £255K | 678 | +31% |
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Banks
What is the average house price in Banks?
The median home in Banks sold for £227,750 from September 2023 to August 2026, across 238 standard sales (£227,000 in the last 12 months). By type: detached houses £325,000, semi-detached houses £208,000, terraced houses £166,000 and flats and maisonettes £108,000.
Are house prices going up in Banks?
The median was £240,000 in 2025, up 7% on 2024 (£225,000), and £227,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Banks each year?
70 standard sales were recorded in the last 12 months, against an average of 89 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Banks?
Among streets with five or more sales in three years: Westerdale Drive (PR9, £347,500), Ralphs Wifes Lane (PR9, £277,500) and Sanderling Drive (PR9, £269,000).
How much does a new build cost in Banks?
New homes sold for a median £254,997 over three years, against £215,000 for homes sold on. New builds were 15% of sales.
Is Banks expensive for Lancashire?
Banks is the 22nd most expensive of 65 towns of 2,500 or more in Lancashire by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Postcodes placed with the ONS Postcode Directory (contains OS data © Crown copyright and database right 2026; contains Royal Mail data © Royal Mail copyright and database right 2026).
Contains public sector information licensed under the Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. Contains OS data © Crown copyright and database right 2026 (ONS boundaries). Northern Ireland: Source: NISRA; contains Land & Property Services data and Ordnance Survey of Northern Ireland information, © Crown copyright, licensed under the Open Government Licence v3.0. Scotland: contains National Records of Scotland data, Registers of Scotland data and SEPA data, © Crown copyright / © SEPA 2025, licensed under the Open Government Licence v3.0.