Housing Market Analysis for WESTGATE, LN1 3BG

Are you looking to understand LN1 3BG 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 Lincoln postcode.

For the location information and nearby amenities in the LN1 3BG area, explore the LN1 3BG Area information page.
For comprehensive crime statistics in the LN1 3BG area, explore the LN1 3BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN1 3BG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £131,533 median price is £135,000 Standard Deviation is £64,925 with Total Sold: 6
    • The most recent sale happened at this postcode is 45 WESTGATE: £225,000 (Sold on 29 Aug 2017)
    • The first recorded sale happened at this postcode is 49 WESTGATE: £37,000 (Sold on 21 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 3BG 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£225,000 £2,344 1
2012£189,950 £1,979 1
2005£140,000 £1,414 1
2003£130,000 £1,313 1
2001£67,250 £679 1
1996£37,000 £374 1

All the Sales in the WESTGATE, LN1 3BG

See the table below for more details on the sold house prices in the LN1 3BG, Lincoln postcode.

AddressSold DatePrice% Change
45 WESTGATETerraced, FreeholdArea: 96 Sq.mtrAge: 1900-192929 Aug 2017£225,00018.45%
11 Sep 2012£189,950First Sale
49 WESTGATETerraced, FreeholdArea: 99 Sq.mtrAge: before 190018 Nov 2005£140,0007.69%
31 Jan 2003£130,00093.31%
31 Aug 2001£67,25081.76%
21 Oct 1996£37,000First Sale

Check out the sold house prices near the LN1 3BG postcode. Properties currently for saleProperties currently for rent

WESTGATE, LN1 3BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN1 3BG 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 LN1 3BG postcode.

  • Terraced
    • The average price is around £118,309 median price is £111,000 Standard Deviation is £79,588 with Total Sold: 3,061
    • The Last 5 Year average price is £198,616 with Total Sold: 464
    • The most recent sale happened at this postcode is , 15 OLIVE STREET: £190,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 TURNER STREET: £34,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £143,066 median price is £114,625 Standard Deviation is £142,329 with Total Sold: 416
    • The Last 5 Year average price is £300,930 with Total Sold: 71
    • The most recent sale happened at this postcode is 2, FRANCIS HILL COURT CHURCH LANE: £380,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 68 WILLIAMSON STREET: £42,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £932,337 median price is £350,000 Standard Deviation is £2,259,445 with Total Sold: 104
    • The Last 5 Year average price is £795,886 with Total Sold: 59
    • The most recent sale happened at this postcode is , 6 WEST PARADE: £285,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 68 - 70 WEST PARADE: £162,500 (Sold on 16 Oct 2013)
  • Semi-Detached
    • The average price is around £169,082 median price is £139,975 Standard Deviation is £135,833 with Total Sold: 638
    • The Last 5 Year average price is £294,309 with Total Sold: 92
    • The most recent sale happened at this postcode is , 28 MAY CRESCENT: £300,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 28 MAY CRESCENT: £50,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £277,154 median price is £230,000 Standard Deviation is £217,300 with Total Sold: 407
    • The Last 5 Year average price is £439,643 with Total Sold: 66
    • The most recent sale happened at this postcode is , 8 NORTHGATE: £1,000,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 213 YARBOROUGH ROAD: £105,000 (Sold on 25 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,733 £2,013 36
2023£216,863 £2,311 63
2022£209,566 £2,548 91
2021£198,232 £2,453 118
2020£189,694 £2,123 71
2019£187,655 £2,135 85
2018£159,329 £2,012 99
2017£172,038 £1,899 96
2016£169,220 £1,978 106
2015£162,277 £1,930 98
2014£142,651 £1,829 112
2013£157,327 £1,853 86
2012£140,891 £1,642 73
2011£132,796 £1,528 51
2010£135,115 £1,662 75
2009£136,054 £1,650 38
2008£125,470 £1,862 56
2007£134,959 £1,810 128
2006£139,546 £1,702 118
2005£133,028 £1,586 86
2004£128,222 £1,526 146
2003£112,281 £1,308 163
2002£79,421 £943 148
2001£61,843 £762 166
2000£53,214 £634 127
1999£41,521 £550 108
1998£41,368 £506 141
1997£37,089 £468 152
1996£36,308 £486 121
1995£35,250 £451 103
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,0002
2023£441,064 £2,753 7
2022£162,244 £2,652 15
2021£269,122 £2,671 18
2020£402,745 £3,134 11
2019£335,028 £2,818 18
2018£154,945 £2,288 10
2017£159,853 £2,346 17
2016£146,352 £2,503 24
2015£142,317 £2,126 32
2014£123,329 £2,028 12
2013£144,651 £2,010 14
2012£204,642 £2,343 12
2011£144,295 £1,662 20
2010£116,007 £1,838 11
2009£140,333 £2,144 6
2008£131,671 £2,362 6
2007£115,123 £2,102 15
2006£109,723 £1,766 22
2005£127,282 £2,210 14
2004£105,782 £1,850 14
2003£109,465 £1,852 14
2002£60,293 £1,216 15
2001£54,400 £986 12
2000£51,131 £819 18
1999£35,932 £635 12
1998£49,664 £770 14
1997£49,338 £712 13
1996£54,438 £801 8
1995£44,410 £578 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,5002
2023£555,979 £1,995 12
2022£883,750 £2,685 18
2021£1,148,133 £14,449 15
2020£262,500 £2,903 6
2019£849,333 £3,774 6
2018£612,292 £4,814 12
2017£409,162 £1,883 12
2016£607,859 £580 11
2015£1,233,8967
2014£11,131,0512
2013£162,500 £1,231 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,5003
2023£320,909 £2,195 11
2022£306,130 £3,256 23
2021£246,889 £2,500 20
2020£272,833 £1,995 18
2019£337,127 £2,248 17
2018£224,167 £2,312 12
2017£237,383 £2,004 21
2016£234,706 £1,975 24
2015£254,864 £1,999 11
2014£219,922 £1,911 17
2013£204,496 £1,949 14
2012£198,952 £1,741 20
2011£196,438 £1,717 17
2010£156,350 £1,607 6
2009£193,750 £1,412 14
2008£144,193 £1,813 16
2007£199,000 £1,689 39
2006£166,860 £1,660 40
2005£174,015 £1,853 32
2004£173,871 £1,687 31
2003£136,390 £1,330 31
2002£106,736 £1,031 33
2001£101,689 £879 27
2000£72,232 £694 34
1999£65,386 £565 26
1998£58,407 £538 22
1997£62,745 £510 21
1996£60,478 £511 29
1995£45,167 £482 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£491,197 £3,546 6
2023£355,278 £3,476 9
2022£467,406 £3,163 16
2021£536,385 £2,749 13
2020£401,020 £2,992 14
2019£350,744 £2,961 8
2018£424,026 £2,626 17
2017£371,727 £3,200 13
2016£488,800 £2,561 10
2015£368,068 £2,057 14
2014£333,082 £2,611 11
2013£406,144 £2,073 8
2012£264,846 £2,014 8
2011£246,400 £1,803 10
2010£291,071 £1,627 7
2009£321,527 £1,555 15
2008£276,173 £2,310 13
2007£365,541 £2,474 17
2006£307,663 £2,111 15
2005£271,500 £2,029 16
2004£265,596 £1,658 25
2003£205,372 £1,535 16
2002£177,424 £1,213 25
2001£150,500 £1,041 13
2000£126,807 £928 14
1999£82,765 £656 13
1998£94,433 £729 23
1997£138,181 £728 8
1996£76,517 £527 21
1995£58,944 £591 9

House Type in LN1 3BG area

The most common house types in the LN1 3BG postcode area are Terraced (46), Detached (18), and Semi-detached (9).

Total104
Terraced46
Detached18
Semi-detached9
Flat9
commercial building9
Shared house8
converted building4
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (45), and Owned: Owns outright (31).

Private rented: Private landlord or letting agency45
Owned: Owns outright31
Owned: Owns with a mortgage or loan14
Social rented: Rents from council or Local Authority8
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN1 3BG have 1 person in household (46), and 2 people in household (30).

1 person in household46
2 people in household30
3 people in household14
4 people in household10
5 people in household2
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0