Housing Market Analysis for SOMERSBY WAY, LN11 8BZ

Are you looking to understand LN11 8BZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Lindsey postcode.

For the location information and nearby amenities in the LN11 8BZ area, explore the LN11 8BZ Area information page.
For comprehensive crime statistics in the LN11 8BZ area, explore the LN11 8BZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN11 8BZ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £88,750 median price is £101,250 Standard Deviation is £38,099 with Total Sold: 4
    • The most recent sale happened at this postcode is 16 SOMERSBY WAY: £80,000 (Sold on 14 Nov 2018)
    • The first recorded sale happened at this postcode is 14 SOMERSBY WAY: £122,500 (Sold on 31 Jul 2009)
  • Flat
    • The average price is around £54,950 median price is £54,950 Standard Deviation is £20,450 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 SOMERSBY WAY: £75,400 (Sold on 23 Feb 2018)
    • The first recorded sale happened at this postcode is 2 SOMERSBY WAY: £34,500 (Sold on 17 Oct 2008)
  • Terraced
    • The average price is around £90,375 median price is £96,250 Standard Deviation is £24,422 with Total Sold: 4
    • The most recent sale happened at this postcode is 13 SOMERSBY WAY: £118,000 (Sold on 05 Aug 2016)
    • The first recorded sale happened at this postcode is 10 SOMERSBY WAY: £51,000 (Sold on 26 Sep 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN11 8BZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£80,000 £1,000 1
2015£30,0001
2010£122,5001
2009£122,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£75,4001
2008£34,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£118,000 £1,860 1
2013£97,500 £1,537 1
2010£95,000 £1,497 1
2008£51,0001

All the Sales in the SOMERSBY WAY, LN11 8BZ

See the table below for more details on the sold house prices in the LN11 8BZ, East Lindsey postcode.

AddressSold DatePrice% Change
16 SOMERSBY WAYSemi-Detached, LeaseholdArea: 80 Sq.mtrAge: 2007 onwards14 Nov 2018£80,000First Sale
2 SOMERSBY WAYFlat, Leasehold23 Feb 2018£75,400118.55%
17 Oct 2008£34,500First Sale
13 SOMERSBY WAYTerraced, FreeholdArea: 63.45 Sq.mtrAge: 2007 onwards05 Aug 2016£118,00021.03%
05 Apr 2013£97,5002.63%
05 Nov 2010£95,000First Sale
4 SOMERSBY WAYSemi-Detached, Leasehold18 Feb 2015£30,000First Sale
1 SOMERSBY WAYSemi-Detached, Leasehold09 Feb 2010£122,500First Sale
14 SOMERSBY WAYSemi-Detached, Leasehold31 Jul 2009£122,500First Sale
10 SOMERSBY WAYTerraced, Leasehold26 Sep 2008£51,000First Sale

Check out the sold house prices near the LN11 8BZ postcode. Properties currently for saleProperties currently for rent

SOMERSBY WAY, LN11 8BZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN11 8BZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LN11 8BZ postcode.

  • Semi-Detached
    • The average price is around £107,064 median price is £115,000 Standard Deviation is £51,165 with Total Sold: 522
    • The Last 5 Year average price is £160,253 with Total Sold: 119
    • The most recent sale happened at this postcode is , 75 MONKS DYKE ROAD: £235,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 35 BROADLEY CRESCENT: £21,000 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £198,826 median price is £205,000 Standard Deviation is £89,902 with Total Sold: 216
    • The Last 5 Year average price is £248,347 with Total Sold: 99
    • The most recent sale happened at this postcode is , RIVLIN THAMES STREET: £180,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 ALMOND CRESCENT: £57,500 (Sold on 22 Feb 1995)
  • Terraced
    • The average price is around £87,272 median price is £87,000 Standard Deviation is £44,587 with Total Sold: 247
    • The Last 5 Year average price is £133,876 with Total Sold: 51
    • The most recent sale happened at this postcode is , 13 CHESTNUT DRIVE: £220,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 39 EASTFIELD ROAD: £46,000 (Sold on 30 Mar 1995)
  • Other
    • The average price is around £293,147 median price is £217,500 Standard Deviation is £352,955 with Total Sold: 22
    • The Last 5 Year average price is £260,839 with Total Sold: 11
    • The most recent sale happened at this postcode is , 55 EASTFIELD ROAD: £250,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is , 4 THE RIVERBANK: £28,750 (Sold on 05 Nov 2013)
  • Flat
    • The average price is around £55,577 median price is £61,500 Standard Deviation is £24,025 with Total Sold: 40
    • The Last 5 Year average price is £62,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 4, HARRISON WAREHOUSE EASTGATE: £80,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is , 19 BROADLEY CRESCENT: £17,500 (Sold on 20 Dec 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,000 £1,212 7
2023£203,758 £2,378 12
2022£167,098 £2,242 19
2021£150,430 £1,901 38
2020£165,994 £2,015 24
2019£140,631 £1,559 19
2018£139,894 £1,602 18
2017£138,389 £1,653 18
2016£130,559 £1,477 17
2015£108,896 £1,383 12
2014£123,540 £1,384 17
2013£112,346 £1,332 17
2012£111,722 £1,159 9
2011£115,938 £1,365 16
2010£101,407 £1,207 14
2009£120,688 £1,264 8
2008£110,493 £1,487 14
2007£119,200 £1,380 16
2006£125,760 £1,367 20
2005£116,361 £1,273 18
2004£98,224 £1,109 19
2003£79,939 £935 22
2002£67,319 £792 26
2001£57,011 £649 14
2000£54,165 £559 23
1999£42,262 £505 17
1998£42,768 £428 14
1997£43,587 £490 23
1996£40,856 £478 19
1995£37,292 £431 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£246,333 £2,653 9
2022£309,999 £2,713 9
2021£240,047 £2,369 24
2020£239,407 £2,241 28
2019£247,673 £2,198 28
2018£269,533 £2,031 9
2017£229,156 £1,950 8
2016£254,000 £2,202 3
2015£235,738 £1,656 4
2014£193,600 £1,665 5
2013£220,638 £1,449 3
2011£142,000 £1,392 1
2010£273,333 £1,374 3
2009£181,408 £1,554 6
2008£238,464 £1,411 7
2007£159,375 £1,729 4
2006£149,214 £1,573 7
2005£148,500 £1,559 6
2004£175,000 £2,672 4
2003£135,833 £1,361 6
2002£113,725 £901 4
2001£105,333 £782 3
2000£62,608 £683 6
1999£75,869 £638 8
1998£67,000 £787 2
1997£56,279 £586 7
1996£55,900 £507 5
1995£66,242 £663 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0002
2023£150,312 £2,052 8
2022£127,441 £1,975 11
2021£143,579 £1,798 12
2020£110,994 £1,571 8
2019£126,245 £1,454 10
2018£118,227 £1,392 11
2017£121,450 £1,534 12
2016£103,285 £1,537 10
2015£100,827 £1,401 9
2014£111,784 £1,390 13
2013£85,500 £1,409 5
2012£109,625 £1,080 2
2011£70,000 £1,429 1
2010£105,000 £1,518 4
2009£85,125 £961 4
2008£86,814 £1,030 7
2007£100,944 £1,402 9
2006£94,436 £1,369 7
2005£110,817 £1,448 3
2004£81,812 £1,235 12
2003£68,444 £1,027 9
2002£53,373 £841 13
2001£46,521 £569 7
2000£37,712 £524 9
1999£36,293 £502 14
1998£34,333 £459 12
1997£31,598 £488 14
1996£25,500 £426 5
1995£35,875 £521 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£250,0001
2022£222,500 £3,900 2
2021£254,355 £3,299 2
2020£488,7002
2019£172,031 £2,314 4
2018£611,940 £8,564 4
2017£189,625 £2,257 4
2016£185,0001
2013£94,3752
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£80,000 £1,013 1
2019£53,000 £864 2
2018£72,200 £1,211 2
2017£68,500 £1,258 1
2016£60,000 £995 2
2011£64,000 £989 1
2010£60,000 £1,000 1
2008£79,817 £1,548 3
2007£84,238 £1,522 4
2006£71,633 £1,281 3
2005£61,000 £1,250 3
2004£69,750 £1,161 2
2003£46,500 £679 2
2002£34,180 £696 5
2001£13,520 £236 1
2000£29,833 £419 3
1999£24,5001
1997£28,725 £402 2
1996£17,500 £257 1

House Type in LN11 8BZ area

The most common house types in the LN11 8BZ postcode area are Semi-detached (130), Terraced (28), and Flat (17).

Total181
Semi-detached130
Terraced28
Flat17
Detached5
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (86), and Shared ownership: Shared ownership (29).

Social rented: Other social rented86
Shared ownership: Shared ownership29
Owned: Owns outright18
Social rented: Rents from council or Local Authority18
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency11
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN11 8BZ have 1 person in household (76), and 2 people in household (51).

1 person in household76
2 people in household51
3 people in household24
4 people in household19
5 people in household5
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0