Housing Market Analysis for ST MICHAELS TERRACE, LN1 3BZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £115,765 median price is £93,750 Standard Deviation is £63,521 with Total Sold: 16
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 ST MICHAELS TERRACE: £220,000 (Sold on 01 Feb 2022)
    • The first recorded sale happened at this postcode is 14 ST MICHAELS TERRACE: £52,500 (Sold on 27 Jun 1995)
  • Detached
    • The average price is around £369,000 median price is £435,000 Standard Deviation is £137,891 with Total Sold: 5
    • The Last 5 Year average price is £500,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 22 ST MICHAELS TERRACE: £470,000 (Sold on 24 Feb 2021)
    • The first recorded sale happened at this postcode is 22 ST MICHAELS TERRACE: £185,000 (Sold on 14 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 3BZ 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£220,000 £3,188 1
2015£178,0001
2013£180,000 £2,653 2
2007£199,995 £2,985 1
2004£158,000 £2,290 1
2003£172,500 £2,300 1
2002£100,000 £1,351 1
2001£87,500 £1,268 1
2000£65,250 £882 1
1999£54,0001
1997£54,000 £720 1
1996£49,000 £797 2
1995£52,500 £709 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£470,000 £2,611 1
2020£530,000 £3,029 1
2018£435,000 £2,486 1
2001£225,0001
2000£185,000 £1,028 1

All the Sales in the ST MICHAELS TERRACE, LN1 3BZ

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

AddressSold DatePrice% Change
10 ST MICHAELS TERRACEFlat, LeaseholdArea: 69 Sq.mtrAge: 1991-199501 Feb 2022£220,00041.94%
16 Aug 2013£155,000-1.90%
12 Mar 2004£158,00080.57%
09 Nov 2001£87,50059.09%
06 Aug 1996£55,000First Sale
22 ST MICHAELS TERRACEDetached, FreeholdArea: 180 Sq.mtrAge: 1996-200224 Feb 2021£470,000154.05%
14 Sep 2000£185,000First Sale
20 ST MICHAELS TERRACEDetached, FreeholdArea: 175 Sq.mtrAge: 1996-200209 Oct 2020£530,00021.84%
09 May 2018£435,000First Sale
8 ST MICHAELS TERRACEFlat, Leasehold13 Nov 2015£178,000229.63%
23 Mar 1999£54,00025.58%
08 Jan 1996£43,000-18.10%
21 Jul 1995£52,500First Sale
4 ST MICHAELS TERRACEFlat, LeaseholdArea: 67 Sq.mtrAge: 1996-200228 Nov 2013£205,0002.50%
02 Mar 2007£199,995First Sale
6 ST MICHAELS TERRACEFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-200623 Dec 2003£172,500219.44%
23 Dec 1997£54,000First Sale
14 ST MICHAELS TERRACEFlat, LeaseholdArea: 74 Sq.mtrAge: 2003-200630 Nov 2002£100,00053.26%
08 Dec 2000£65,25024.29%
27 Jun 1995£52,500First Sale
24 ST MICHAELS TERRACEDetached, Freehold23 Jul 2001£225,000First Sale

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

ST MICHAELS TERRACE, LN1 3BZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £129,135 median price is £110,000 Standard Deviation is £121,658 with Total Sold: 1,710
    • The Last 5 Year average price is £217,732 with Total Sold: 257
    • 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 £149,955 median price is £125,840 Standard Deviation is £129,672 with Total Sold: 526
    • The Last 5 Year average price is £264,333 with Total Sold: 103
    • 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 £980,960 median price is £403,000 Standard Deviation is £2,004,074 with Total Sold: 155
    • The Last 5 Year average price is £826,531 with Total Sold: 85
    • 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)
  • Detached
    • The average price is around £304,488 median price is £246,000 Standard Deviation is £247,148 with Total Sold: 309
    • The Last 5 Year average price is £511,676 with Total Sold: 40
    • 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 , 42 SPRING HILL: £76,000 (Sold on 16 Mar 1995)
  • Semi-Detached
    • The average price is around £174,548 median price is £138,000 Standard Deviation is £159,853 with Total Sold: 337
    • The Last 5 Year average price is £339,793 with Total Sold: 40
    • 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£155,117 £2,026 23
2023£211,499 £2,150 34
2022£252,801 £2,678 58
2021£220,012 £2,617 61
2020£233,283 £2,156 35
2019£194,576 £2,093 46
2018£157,897 £1,923 59
2017£177,711 £1,941 46
2016£225,936 £1,975 67
2015£177,600 £1,939 53
2014£144,832 £2,032 50
2013£167,564 £1,978 49
2012£141,303 £1,589 58
2011£121,323 £1,526 31
2010£141,092 £1,723 38
2009£154,115 £1,671 23
2008£124,723 £1,871 31
2007£141,750 £1,804 69
2006£151,991 £1,837 65
2005£146,335 £1,576 56
2004£144,249 £1,621 83
2003£123,413 £1,350 98
2002£81,495 £893 82
2001£67,607 £752 97
2000£55,366 £607 85
1999£43,860 £501 62
1998£44,908 £517 74
1997£40,118 £469 68
1996£38,654 £489 55
1995£34,748 £411 54
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£272,866 £2,555 19
2022£166,594 £2,700 16
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£148,021 £2,235 24
2016£145,578 £2,436 27
2015£148,903 £2,125 29
2014£146,723 £2,323 11
2013£138,756 £1,979 20
2012£164,539 £2,139 18
2011£138,476 £1,680 25
2010£133,350 £1,986 7
2009£130,797 £2,088 21
2008£137,699 £2,422 18
2007£144,277 £2,137 36
2006£144,433 £1,897 39
2005£137,432 £2,240 19
2004£110,545 £1,908 11
2003£111,070 £1,913 12
2002£57,190 £1,210 10
2001£49,758 £961 13
2000£47,767 £924 29
1999£32,670 £656 7
1998£51,317 £752 9
1997£49,744 £659 8
1996£54,500 £747 5
1995£44,550 £517 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£383,3333
2023£632,235 £7,615 12
2022£892,763 £3,152 19
2021£963,770 £9,720 20
2020£699,636 £2,161 11
2019£879,223 £4,428 20
2018£931,159 £3,920 22
2017£725,364 £2,169 15
2016£701,269 £580 18
2015£1,738,6358
2014£4,716,650 £2,635 5
2013£156,250 £1,231 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£633,333 £3,546 3
2023£400,750 £3,797 4
2022£512,840 £3,260 14
2021£724,167 £2,981 6
2020£403,025 £2,969 11
2019£503,000 £4,373 2
2018£435,230 £2,616 15
2017£365,938 £3,148 8
2016£529,222 £2,622 9
2015£340,619 £1,903 8
2014£383,238 £2,786 4
2013£368,875 £1,952 8
2012£309,375 £2,072 4
2011£266,500 £1,849 6
2010£302,833 £2,009 6
2009£327,915 £1,609 13
2008£257,161 £2,279 14
2007£378,988 £2,445 17
2006£309,200 £2,438 15
2005£257,666 £2,097 12
2004£294,947 £1,786 19
2003£259,704 £1,503 12
2002£319,450 £1,411 18
2001£225,875 £1,063 11
2000£123,036 £928 14
1999£93,714 £673 7
1998£125,733 £729 21
1997£198,450 £744 11
1996£86,991 £576 11
1995£64,750 £713 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£382,857 £2,123 7
2022£307,450 £3,667 10
2021£283,069 £2,335 8
2020£339,286 £1,949 7
2019£399,707 £2,526 8
2018£248,300 £2,933 5
2017£179,014 £2,214 7
2016£255,632 £2,123 11
2015£291,312 £2,255 8
2014£197,543 £1,927 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£143,521 £1,633 7
2007£247,114 £2,210 18
2006£170,797 £1,755 27
2005£198,924 £2,008 20
2004£183,821 £1,773 17
2003£141,183 £1,426 15
2002£114,587 £1,050 19
2001£89,881 £938 16
2000£68,122 £718 18
1999£74,338 £567 16
1998£67,425 £524 8
1997£65,430 £580 15
1996£61,414 £483 18
1995£42,812 £589 8

House Type in LN1 3BZ area

The most common house types in the LN1 3BZ 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 3BZ 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