Housing Market Analysis for WESTGATE, LN1 3BQ

Are you looking to understand LN1 3BQ 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 3BQ area, explore the LN1 3BQ Area information page.
For comprehensive crime statistics in the LN1 3BQ area, explore the LN1 3BQ Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £87,179 median price is £120,000 Standard Deviation is £48,449 with Total Sold: 7
    • The most recent sale happened at this postcode is 56 WESTGATE: £127,250 (Sold on 20 Feb 2017)
    • The first recorded sale happened at this postcode is 54 WESTGATE: £8,000 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 3BQ 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£127,250 £2,356 1
2015£125,000 £2,016 1
2007£135,000 £2,305 1
2005£120,000 £2,222 1
2002£65,000 £1,204 1
1996£30,000 £508 1
1995£8,0001

All the Sales in the WESTGATE, LN1 3BQ

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

AddressSold DatePrice% Change
56 WESTGATETerraced, FreeholdArea: 54 Sq.mtrAge: before 190020 Feb 2017£127,2506.04%
31 Mar 2005£120,00084.62%
25 Sep 2002£65,000First Sale
50 WESTGATETerraced, FreeholdArea: 62 Sq.mtrAge: before 190022 Sep 2015£125,000First Sale
58 WESTGATETerraced, FreeholdArea: 58.57 Sq.mtrAge: before 190013 Apr 2007£135,000First Sale
52 WESTGATETerraced, FreeholdArea: 59 Sq.mtrAge: 1900-192912 Dec 1996£30,000First Sale
54 WESTGATETerraced, Freehold09 Jun 1995£8,000First Sale

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

WESTGATE, LN1 3BQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £120,921 median price is £113,375 Standard Deviation is £78,921 with Total Sold: 3,364
    • The Last 5 Year average price is £202,691 with Total Sold: 512
    • 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 £151,669 median price is £108,500 Standard Deviation is £161,230 with Total Sold: 312
    • The Last 5 Year average price is £326,017 with Total Sold: 61
    • 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)
  • Semi-Detached
    • The average price is around £165,652 median price is £140,000 Standard Deviation is £129,688 with Total Sold: 724
    • The Last 5 Year average price is £285,673 with Total Sold: 105
    • 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 £258,007 median price is £209,000 Standard Deviation is £177,805 with Total Sold: 438
    • The Last 5 Year average price is £394,231 with Total Sold: 78
    • 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)
  • Other
    • The average price is around £658,151 median price is £310,000 Standard Deviation is £937,543 with Total Sold: 88
    • The Last 5 Year average price is £765,275 with Total Sold: 50
    • The most recent sale happened at this postcode is , 31 VERE STREET: £200,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 68 - 70 WEST PARADE: £162,500 (Sold on 16 Oct 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,119 £2,013 41
2023£220,836 £2,339 68
2022£217,526 £2,529 101
2021£203,677 £2,432 133
2020£196,589 £2,134 82
2019£180,984 £2,128 87
2018£164,732 £2,003 106
2017£178,755 £1,911 112
2016£173,399 £1,949 121
2015£163,010 £1,919 105
2014£149,885 £1,805 126
2013£159,257 £1,831 90
2012£142,551 £1,654 78
2011£133,914 £1,499 57
2010£138,569 £1,646 81
2009£138,187 £1,621 43
2008£129,247 £1,802 60
2007£137,573 £1,787 139
2006£141,344 £1,669 129
2005£133,075 £1,555 94
2004£130,227 £1,517 152
2003£115,801 £1,302 185
2002£81,149 £939 160
2001£62,121 £746 186
2000£54,008 £630 137
1999£43,355 £543 120
1998£42,659 £503 154
1997£38,804 £466 165
1996£37,514 £474 137
1995£36,480 £449 115
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0001
2023£490,658 £2,841 6
2022£158,970 £2,776 11
2021£276,688 £2,655 17
2020£429,520 £3,373 10
2019£363,469 £2,927 16
2018£157,083 £2,173 6
2017£151,059 £2,277 17
2016£155,438 £2,546 17
2015£145,874 £2,128 22
2014£123,329 £2,028 12
2013£139,801 £2,011 12
2012£219,150 £2,536 8
2011£145,328 £1,679 18
2010£98,304 £1,726 7
2008£97,000 £1,492 1
2007£118,077 £2,119 11
2006£104,208 £1,564 12
2005£131,383 £2,275 9
2004£101,600 £1,760 10
2003£112,410 £1,811 11
2002£55,127 £1,158 11
2001£50,983 £948 9
2000£50,954 £799 14
1999£33,027 £591 7
1998£49,100 £742 13
1997£47,690 £647 10
1996£54,500 £747 5
1995£42,011 £517 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,1254
2023£320,909 £2,195 11
2022£295,199 £3,228 26
2021£241,116 £2,464 24
2020£268,150 £2,036 20
2019£320,008 £2,211 20
2018£224,615 £2,328 13
2017£235,664 £2,035 24
2016£232,575 £1,977 26
2015£250,077 £2,081 13
2014£219,922 £1,911 17
2013£204,496 £1,949 14
2012£196,740 £1,728 21
2011£196,438 £1,717 17
2010£156,157 £1,638 7
2009£186,824 £1,538 17
2008£145,394 £1,883 18
2007£192,109 £1,631 43
2006£164,161 £1,735 46
2005£172,091 £1,787 38
2004£171,878 £1,675 37
2003£140,739 £1,359 40
2002£100,380 £1,014 35
2001£97,548 £830 30
2000£73,151 £689 39
1999£66,859 £553 28
1998£58,598 £534 25
1997£62,024 £495 25
1996£58,820 £519 37
1995£45,167 £482 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£473,598 £3,842 7
2023£337,550 £3,304 10
2022£448,190 £3,126 19
2021£433,167 £2,788 12
2020£379,955 £2,855 16
2019£304,746 £2,567 14
2018£411,778 £2,600 16
2017£351,528 £2,971 16
2016£360,800 £2,447 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£203,900 £1,773 10
2010£291,071 £1,627 7
2009£231,087 £1,529 16
2008£274,300 £2,235 14
2007£362,733 £2,366 18
2006£272,060 £2,099 15
2005£244,188 £2,089 21
2004£250,012 £1,646 32
2003£174,903 £1,516 19
2002£172,906 £1,194 26
2001£125,692 £966 13
2000£107,343 £951 14
1999£82,765 £656 13
1998£91,878 £738 25
1997£99,707 £728 7
1996£74,834 £527 19
1995£56,312 £591 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£471,875 £1,995 10
2022£900,441 £2,685 17
2021£1,165,346 £14,449 13
2020£234,400 £2,883 5
2019£429,000 £3,774 4
2018£644,318 £5,476 11
2017£389,996 £1,883 13
2016£484,050 £580 9
2015£823,3333
2014£507,1021
2013£162,500 £1,231 1

House Type in LN1 3BQ area

The most common house types in the LN1 3BQ postcode area are Terraced (62), Flat (40), and Detached (11).

Total129
Terraced62
Flat40
Detached11
Semi-detached8
Shared house6
converted building2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Social rented: Rents from council or Local Authority (32).

Private rented: Private landlord or letting agency49
Social rented: Rents from council or Local Authority32
Owned: Owns outright30
Owned: Owns with a mortgage or loan12
Private rented: Other private rented3
Lives rent free3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0

Number of People in a Household

The most houses in the LN1 3BQ have 1 person in household (71), and 2 people in household (41).

1 person in household71
2 people in household41
3 people in household9
4 people in household5
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0