Housing Market Analysis for PALM SPRINGS, LN12 2JY

Are you looking to understand LN12 2JY 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 LN12 2JY area, explore the LN12 2JY Area information page.
For comprehensive crime statistics in the LN12 2JY area, explore the LN12 2JY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN12 2JY postcode area, The average prices are as follows,

  • Other
    • The average price is around £25,428 median price is £29,000 Standard Deviation is £9,861 with Total Sold: 14
    • The Last 5 Year average price is £28,900 with Total Sold: 5
    • The most recent sale happened at this postcode is 14 PALM SPRINGS: £30,000 (Sold on 31 Mar 2021)
    • The first recorded sale happened at this postcode is 10 PALM SPRINGS: £8,500 (Sold on 13 Mar 2020)
  • Flat
    • The average price is around £20,057 median price is £22,500 Standard Deviation is £7,947 with Total Sold: 7
    • The most recent sale happened at this postcode is 12 PALM SPRINGS: £28,500 (Sold on 27 Jul 2007)
    • The first recorded sale happened at this postcode is 5 PALM SPRINGS: £11,000 (Sold on 17 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2JY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£30,000 £1,071 1
2020£23,500 £1,490 2
2019£33,750 £1,126 2
2018£22,800 £827 5
2017£21,750 £800 2
2016£26,998 £1,042 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£26,750 £1,018 2
2005£23,500 £829 3
2003£8,2002

All the Sales in the PALM SPRINGS, LN12 2JY

See the table below for more details on the sold house prices in the LN12 2JY, East Lindsey postcode.

AddressSold DatePrice% Change
14 PALM SPRINGSOther, LeaseholdArea: 28 Sq.mtrAge: 1976-198231 Mar 2021£30,000First Sale
3 PALM SPRINGSOther, LeaseholdArea: 25.84 Sq.mtrAge: 1950-196630 Sep 2020£38,50028.33%
09 Dec 2016£30,000First Sale
7 PALM SPRINGSOther, LeaseholdArea: 31 Sq.mtrAge: 1950-196625 Oct 2019£34,00028.30%
11 Nov 2005£26,500First Sale
4 PALM SPRINGSOther, LeaseholdArea: 29 Sq.mtrAge: 1950-196628 Aug 2019£33,5001.52%
15 Jun 2018£33,000200.00%
07 Feb 2018£11,000First Sale
12 PALM SPRINGSOther, LeaseholdArea: 28 Sq.mtrAge: 1967-197529 Jun 2018£28,0005.66%
21 Dec 2017£26,500-7.02%
27 Jul 2007£28,50026.67%
09 Sep 2005£22,500First Sale
1 PALM SPRINGSOther, LeaseholdArea: 26 Sq.mtrAge: 1950-196626 Apr 2018£34,000100.00%
07 Aug 2017£17,000-29.15%
02 Sep 2016£23,995First Sale
6 PALM SPRINGSOther, LeaseholdArea: 25.7 Sq.mtrAge: 1967-197508 Feb 2018£8,000First Sale
2 PALM SPRINGSFlat, Leasehold04 May 2007£25,000First Sale
5 PALM SPRINGSFlat, Leasehold25 Feb 2005£21,50095.45%
17 May 2003£11,000First Sale
15 PALM SPRINGSFlat, Leasehold12 Jun 2003£5,400First Sale
10 PALM SPRINGSOther, Leasehold13 Mar 2020£8,500First Sale

Check out the sold house prices near the LN12 2JY postcode. Properties currently for saleProperties currently for rent

PALM SPRINGS, LN12 2JY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN12 2JY 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 LN12 2JY postcode.

  • Other
    • The average price is around £37,170 median price is £27,000 Standard Deviation is £52,613 with Total Sold: 61
    • The Last 5 Year average price is £49,679 with Total Sold: 33
    • The most recent sale happened at this postcode is , 8 42ND STREET: £48,000 (Sold on 12 Dec 2023)
    • The first recorded sale happened at this postcode is , 1 PALM SPRINGS: £23,995 (Sold on 02 Sep 2016)
  • Detached
    • The average price is around £129,310 median price is £121,000 Standard Deviation is £78,129 with Total Sold: 379
    • The Last 5 Year average price is £230,866 with Total Sold: 64
    • The most recent sale happened at this postcode is , 36 PARK VIEW: £299,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 14 HALL LEAS DRIVE: £36,500 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £35,626 median price is £26,500 Standard Deviation is £24,555 with Total Sold: 49
    • The Last 5 Year average price is £52,000 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 3, BEACHSIDE COURT TRUSTHORPE ROAD: £80,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , 5 PRIMROSE LANE: £12,500 (Sold on 18 Aug 1995)
  • Semi-Detached
    • The average price is around £104,122 median price is £105,000 Standard Deviation is £52,506 with Total Sold: 103
    • The Last 5 Year average price is £172,177 with Total Sold: 11
    • The most recent sale happened at this postcode is , QUINTEY TRUSTHORPE ROAD: £185,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , THE SPINNEY TRUSTHORPE ROAD: £54,500 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £66,944 median price is £59,500 Standard Deviation is £53,217 with Total Sold: 18
    • The Last 5 Year average price is £128,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 7 BOHEMIA WAY: £85,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is , WAYZGOOSE TRUSTHORPE ROAD: £20,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£75,375 £2,240 4
2022£43,500 £1,156 4
2021£123,000 £1,764 4
2020£21,200 £1,068 5
2019£35,369 £1,307 16
2018£20,934 £772 16
2017£22,875 £838 8
2016£27,499 £969 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£266,273 £3,204 11
2022£237,664 £2,959 11
2021£209,942 £2,293 19
2020£217,292 £2,342 12
2019£239,614 £2,413 11
2018£177,988 £2,132 12
2017£191,211 £2,094 9
2016£156,871 £1,840 12
2015£141,886 £1,638 11
2014£133,170 £1,621 10
2013£124,222 £1,461 9
2012£142,750 £1,352 8
2011£123,389 £1,394 14
2010£147,600 £1,544 5
2009£130,273 £1,392 11
2008£179,500 £1,622 7
2007£140,730 £1,347 15
2006£189,050 £1,679 10
2005£116,308 £1,289 18
2004£107,850 £1,087 21
2003£105,868 £1,182 18
2002£83,245 £866 23
2001£67,335 £707 24
2000£64,931 £640 18
1999£52,642 £629 20
1998£52,750 £753 4
1997£59,119 £536 18
1996£51,130 £515 10
1995£47,769 £706 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£80,000 £1,455 1
2021£38,0001
2020£38,000 £1,118 1
2017£66,850 £1,064 2
2015£65,000 £956 1
2014£57,000 £1,724 1
2011£20,000 £643 2
2008£53,250 £1,259 2
2007£33,719 £1,097 8
2006£58,5002
2005£33,908 £829 6
2004£56,2502
2003£31,380 £1,036 5
2002£32,4004
2001£13,400 £285 7
2000£34,000 £618 1
1998£33,500 £609 1
1996£24,500 £422 1
1995£12,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,0001
2022£158,590 £2,400 5
2021£231,250 £2,079 2
2020£151,167 £2,664 3
2018£157,940 £1,937 5
2017£153,200 £1,925 5
2016£123,750 £1,460 4
2015£115,483 £1,342 3
2014£110,000 £986 2
2013£138,000 £1,088 3
2012£115,000 £1,708 1
2011£92,750 £1,351 2
2010£111,000 £1,762 1
2009£128,750 £1,313 4
2008£112,500 £2,058 2
2007£147,700 £1,411 5
2006£134,964 £1,302 7
2005£141,317 £931 3
2004£110,333 £1,203 3
2003£85,0001
2002£73,650 £888 6
2001£51,100 £553 5
2000£51,680 £658 5
1999£51,500 £582 8
1998£37,500 £425 2
1997£45,750 £484 4
1996£46,500 £480 5
1995£44,417 £536 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £2,931 1
2020£172,000 £2,046 1
2018£125,000 £1,179 1
2012£62,500 £2,038 1
2010£44,500 £1,029 2
2009£160,000 £1,903 1
2007£119,500 £1,891 2
2006£75,0001
2004£13,000 £329 2
2003£56,5001
2002£14,000 £359 1
2001£9,0002
1998£63,0001
1995£20,0001

House Type in LN12 2JY area

The most common house types in the LN12 2JY postcode area are Detached (91), temporary structure (61), and Semi-detached (10).

Total163
Detached91
temporary structure61
Semi-detached10
Terraced1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (137), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright137
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN12 2JY have 2 people in household (89), and 1 person in household (65).

2 people in household89
1 person in household65
4 people in household5
3 people in household3
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0