Housing Market Analysis for MICHAELGATE, LN1 3BT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £329,918 median price is £295,000 Standard Deviation is £148,912 with Total Sold: 11
    • The Last 5 Year average price is £565,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 36 MICHAELGATE: £630,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is 16 MICHAELGATE: £58,000 (Sold on 23 Oct 1998)
  • Terraced
    • The average price is around £282,214 median price is £285,000 Standard Deviation is £71,309 with Total Sold: 7
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 MICHAELGATE: £390,000 (Sold on 12 Apr 2019)
    • The first recorded sale happened at this postcode is 14 MICHAELGATE: £150,000 (Sold on 01 Feb 2008)
  • Semi-Detached
    • The average price is around £150,642 median price is £130,000 Standard Deviation is £89,916 with Total Sold: 7
    • The most recent sale happened at this postcode is 16 MICHAELGATE: £275,000 (Sold on 07 Aug 2009)
    • The first recorded sale happened at this postcode is 20 MICHAELGATE: £90,000 (Sold on 03 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 3BT 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £6,176 1
2020£500,000 £4,902 1
2017£440,000 £4,314 1
2016£390,000 £4,188 1
2013£291,0001
2006£295,000 £2,757 1
2005£275,0001
2004£289,9982
2002£170,100 £1,590 1
1998£58,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£390,0001
2016£325,2752
2013£267,475 £2,525 2
2011£250,0001
2008£150,000 £1,515 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£275,0001
2008£130,0001
2004£221,498 £3,000 2
1999£74,500 £800 1
1997£42,000 £824 1
1996£90,000 £966 1

All the Sales in the MICHAELGATE, LN1 3BT

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

AddressSold DatePrice% Change
36 MICHAELGATEDetached, FreeholdArea: 102 Sq.mtrAge: 1976-198221 Apr 2023£630,00026.00%
12 May 2020£500,00013.64%
03 Mar 2017£440,00049.15%
13 Apr 2006£295,00073.43%
04 Jan 2002£170,100First Sale
10 MICHAELGATETerraced, Freehold12 Apr 2019£390,00013.37%
30 Sep 2016£344,00020.70%
01 Mar 2013£285,000-8.06%
29 Oct 2004£309,995First Sale
16 MICHAELGATETerraced, Freehold02 Sep 2016£306,55022.62%
26 Sep 2011£250,000-9.09%
07 Aug 2009£275,000111.54%
01 Feb 2008£130,000-55.17%
01 Nov 2004£289,995399.99%
23 Oct 1998£58,000First Sale
20 MICHAELGATEDetached, FreeholdArea: 93.12 Sq.mtrAge: before 190020 May 2016£390,000423.49%
15 Oct 1999£74,500-17.22%
03 Jan 1996£90,000First Sale
12 MICHAELGATEDetached, Freehold21 Oct 2013£291,0005.82%
16 Dec 2005£275,0001.85%
30 Nov 2004£270,000First Sale
14 MICHAELGATETerraced, FreeholdArea: 99 Sq.mtrAge: 2003-200630 Apr 2013£249,95066.63%
01 Feb 2008£150,000First Sale
FROME LODGE MICHAELGATESemi-Detached, FreeholdArea: 51 Sq.mtrAge: before 190005 Jul 2004£153,000264.29%
04 Apr 1997£42,000First Sale

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

MICHAELGATE, LN1 3BT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,445 median price is £109,000 Standard Deviation is £119,296 with Total Sold: 1,906
    • The Last 5 Year average price is £213,720 with Total Sold: 283
    • The most recent sale happened at this postcode is , 4 BROOK STREET: £120,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 SPA BUILDINGS: £8,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £155,253 median price is £134,200 Standard Deviation is £125,105 with Total Sold: 592
    • The Last 5 Year average price is £266,358 with Total Sold: 104
    • 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 7, FRANCIS HILL COURT CHURCH LANE: £90,000 (Sold on 07 Mar 1995)
  • Other
    • The average price is around £990,834 median price is £410,000 Standard Deviation is £1,979,023 with Total Sold: 167
    • The Last 5 Year average price is £861,190 with Total Sold: 93
    • 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 , 28 SINCIL STREET: £285,000 (Sold on 04 Aug 2008)
  • Detached
    • The average price is around £302,801 median price is £245,000 Standard Deviation is £257,272 with Total Sold: 308
    • The Last 5 Year average price is £505,866 with Total Sold: 37
    • The most recent sale happened at this postcode is , 33 BELLE VUE ROAD: £310,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 42 SPRING HILL: £76,000 (Sold on 16 Mar 1995)
  • Semi-Detached
    • The average price is around £174,343 median price is £135,000 Standard Deviation is £160,607 with Total Sold: 334
    • The Last 5 Year average price is £348,544 with Total Sold: 38
    • The most recent sale happened at this postcode is , 65 ALEXANDRA TERRACE: £133,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , 19 WHITEHALL GROVE: £41,500 (Sold on 27 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,382 £2,053 28
2023£197,422 £2,075 39
2022£249,991 £2,604 63
2021£221,752 £2,581 63
2020£235,078 £2,155 37
2019£186,321 £2,040 53
2018£158,390 £1,869 64
2017£178,199 £1,893 49
2016£221,374 £1,959 70
2015£173,754 £1,878 61
2014£140,923 £1,918 57
2013£160,638 £1,882 55
2012£139,426 £1,544 60
2011£120,147 £1,491 34
2010£133,217 £1,601 46
2009£153,717 £1,676 26
2008£123,222 £1,789 38
2007£146,656 £1,769 78
2006£149,938 £1,739 75
2005£140,051 £1,528 64
2004£138,384 £1,552 94
2003£124,049 £1,339 106
2002£81,530 £865 106
2001£65,990 £734 100
2000£54,984 £604 90
1999£56,740 £500 74
1998£46,464 £494 79
1997£40,109 £469 76
1996£38,642 £491 56
1995£34,780 £406 65
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£272,866 £2,555 19
2022£184,735 £2,707 17
2021£246,161 £2,557 23
2020£291,958 £2,618 19
2019£314,267 £3,024 24
2018£145,189 £2,361 18
2017£146,980 £2,235 25
2016£145,578 £2,436 27
2015£148,903 £2,125 29
2014£141,912 £2,323 12
2013£143,076 £1,999 19
2012£167,159 £2,173 17
2011£138,476 £1,680 25
2010£133,350 £1,986 7
2009£130,797 £2,088 21
2008£172,387 £2,464 53
2007£168,424 £2,231 66
2006£144,433 £1,897 39
2005£138,600 £2,268 17
2004£107,792 £1,855 12
2003£111,070 £1,913 12
2002£56,322 £1,192 9
2001£50,575 £977 12
2000£47,908 £924 30
1999£34,410 £659 9
1998£54,919 £766 8
1997£49,744 £659 8
1996£63,214 £759 7
1995£42,975 £480 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,0004
2023£595,140 £7,615 13
2022£864,205 £3,197 22
2021£1,146,475 £9,559 24
2020£699,636 £2,161 11
2019£865,786 £4,428 19
2018£931,159 £3,920 22
2017£698,779 £2,169 16
2016£669,361 £580 19
2015£1,868,2319
2014£4,716,650 £2,635 5
2013£156,250 £1,231 2
2008£285,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,000 £3,546 2
2023£400,750 £3,797 4
2022£512,840 £3,260 14
2021£724,167 £2,981 6
2020£409,253 £3,124 9
2019£503,000 £4,373 2
2018£435,230 £2,616 15
2017£365,938 £3,148 8
2016£521,625 £2,595 8
2015£323,564 £1,903 7
2014£649,690 £2,786 5
2013£368,875 £1,952 8
2012£309,375 £2,072 4
2011£266,500 £1,849 6
2010£253,400 £2,050 5
2009£327,915 £1,609 13
2008£262,236 £2,284 18
2007£367,050 £2,445 16
2006£280,367 £2,207 15
2005£257,666 £2,097 12
2004£294,947 £1,786 19
2003£315,461 £1,503 14
2002£312,653 £1,411 17
2001£233,212 £1,203 10
2000£123,036 £928 14
1999£92,062 £570 8
1998£122,518 £697 22
1997£198,450 £744 11
1996£80,190 £561 10
1995£64,750 £713 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£358,125 £2,127 8
2022£290,409 £3,499 11
2021£297,786 £2,295 7
2020£339,286 £1,949 7
2019£545,131 £2,282 5
2018£234,417 £2,730 6
2017£182,251 £2,219 6
2016£255,632 £2,123 11
2015£291,312 £2,255 8
2014£191,088 £1,947 11
2013£271,590 £2,392 5
2012£231,493 £2,093 7
2011£207,086 £1,675 11
2010£123,500 £1,529 2
2009£204,062 £1,056 8
2008£134,564 £1,515 10
2007£247,114 £2,210 18
2006£172,780 £1,768 25
2005£205,249 £2,047 18
2004£183,821 £1,773 17
2003£137,344 £1,393 16
2002£114,587 £1,050 19
2001£92,040 £949 15
2000£69,798 £718 19
1999£76,627 £570 15
1998£63,433 £478 9
1997£65,430 £580 15
1996£60,972 £483 18
1995£41,786 £601 7

House Type in LN1 3BT area

The most common house types in the LN1 3BT postcode area are Detached (30), Semi-detached (27), and converted building (21).

Total120
Detached30
Semi-detached27
converted building21
Terraced20
Flat11
Shared house7
commercial building4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Private rented: Private landlord or letting agency (40).

Owned: Owns outright43
Private rented: Private landlord or letting agency40
Owned: Owns with a mortgage or loan28
Social rented: Other social rented5
Private rented: Other private rented5
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 LN1 3BT have 1 person in household (56), and 2 people in household (47).

1 person in household56
2 people in household47
3 people in household9
4 people in household4
8 or more people in household4
5 people in household1
0 people in household0
6 people in household0
7 people in household0