Housing Market Analysis for WELTON GARDENS, LN2 2BD

Are you looking to understand LN2 2BD 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 LN2 2BD area, explore the LN2 2BD Area information page.
For comprehensive crime statistics in the LN2 2BD area, explore the LN2 2BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 2BD postcode area, The average prices are as follows,

  • Flat
    • The average price is around £41,679 median price is £40,000 Standard Deviation is £22,554 with Total Sold: 7
    • The most recent sale happened at this postcode is 7, WESTMINSTER HOUSE WELTON GARDENS: £70,000 (Sold on 28 Aug 2018)
    • The first recorded sale happened at this postcode is 7, WESTMINSTER HOUSE WELTON GARDENS: £17,000 (Sold on 23 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 2BD 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
2018£70,000 £946 1
2015£75,000 £1,014 1
2009£45,000 £608 2
2001£17,000 £230 1
1999£22,750 £307 1
1997£17,000 £230 1

All the Sales in the WELTON GARDENS, LN2 2BD

See the table below for more details on the sold house prices in the LN2 2BD, Lincoln postcode.

AddressSold DatePrice% Change
7, WESTMINSTER HOUSE WELTON GARDENSFlat, LeaseholdArea: 74 Sq.mtrAge: 1967-197528 Aug 2018£70,000-6.67%
22 May 2015£75,00050.00%
09 Feb 2009£50,00025.00%
02 Feb 2009£40,000135.29%
01 May 2001£17,000-25.27%
12 Nov 1999£22,75033.82%
23 Dec 1997£17,000First Sale

Check out the sold house prices near the LN2 2BD postcode. Properties currently for saleProperties currently for rent

WELTON GARDENS, LN2 2BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 2BD 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 LN2 2BD postcode.

  • Terraced
    • The average price is around £89,091 median price is £95,000 Standard Deviation is £38,595 with Total Sold: 257
    • The Last 5 Year average price is £136,132 with Total Sold: 49
    • The most recent sale happened at this postcode is , 17 WELBOURN GARDENS: £165,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 17 DUNHOLME COURT: £37,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £135,205 median price is £132,074 Standard Deviation is £85,362 with Total Sold: 186
    • The Last 5 Year average price is £259,239 with Total Sold: 23
    • The most recent sale happened at this postcode is , 10 OXEN PARK CLOSE: £285,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 TROUTBECK CLOSE: £37,000 (Sold on 24 Mar 1995)
  • Semi-Detached
    • The average price is around £93,836 median price is £98,000 Standard Deviation is £43,055 with Total Sold: 631
    • The Last 5 Year average price is £148,843 with Total Sold: 109
    • The most recent sale happened at this postcode is , 52 REDBOURNE DRIVE: £168,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 NOCTON DRIVE: £28,500 (Sold on 01 Feb 1995)
  • Flat
    • The average price is around £56,799 median price is £66,750 Standard Deviation is £26,917 with Total Sold: 28
    • The Last 5 Year average price is £87,100 with Total Sold: 5
    • The most recent sale happened at this postcode is 7, SANDRINGHAM HOUSE LAUGHTON WAY: £95,000 (Sold on 31 Oct 2022)
    • The first recorded sale happened at this postcode is 12, SANDRINGHAM HOUSE LAUGHTON WAY: £9,000 (Sold on 02 Jan 1996)
  • Other
    • The average price is around £1,083,751 median price is £964,314 Standard Deviation is £840,962 with Total Sold: 4
    • The Last 5 Year average price is £56,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 18 REDBOURNE DRIVE: £56,000 (Sold on 12 Aug 2019)
    • The first recorded sale happened at this postcode is , 7 ENID CLOSE: £700,000 (Sold on 14 Jul 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0001
2023£162,333 £2,441 6
2022£143,800 £1,918 5
2021£138,690 £1,740 12
2020£123,693 £1,652 14
2019£128,773 £1,723 11
2018£122,564 £1,615 7
2017£119,495 £1,506 10
2016£111,841 £1,563 11
2015£99,504 £1,350 11
2014£101,600 £1,469 10
2013£93,600 £1,176 9
2012£84,455 £1,090 11
2011£92,750 £1,156 4
2010£97,000 £1,176 4
2009£86,244 £1,165 8
2008£99,108 £1,433 6
2007£102,940 £1,299 10
2006£95,122 £1,269 16
2005£84,583 £1,243 6
2004£88,491 £1,193 11
2003£58,222 £958 11
2002£45,826 £571 11
2001£35,369 £459 9
2000£35,075 £469 6
1999£34,090 £599 5
1998£34,658 £507 13
1997£37,392 £575 6
1996£35,669 £557 8
1995£36,190 £456 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,0005
2023£375,000 £3,287 2
2022£303,250 £3,055 4
2021£218,917 £2,937 6
2020£251,250 £2,651 4
2019£255,500 £2,854 2
2018£183,417 £2,558 6
2017£295,000 £2,328 2
2016£206,812 £2,385 8
2015£170,000 £2,020 4
2014£146,921 £2,090 7
2013£156,750 £2,146 4
2012£159,750 £1,799 4
2011£134,500 £1,809 3
2010£168,158 £1,806 6
2009£153,000 £1,561 1
2008£174,200 £2,635 5
2007£154,200 £1,955 5
2006£139,333 £1,514 6
2005£177,287 £1,505 4
2004£139,875 £1,838 8
2003£123,140 £1,435 10
2002£109,735 £865 10
2001£108,244 £984 8
2000£78,639 £891 9
1999£57,000 £735 5
1998£55,564 £839 7
1997£63,092 £734 11
1996£57,123 £746 19
1995£58,077 £796 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,1673
2023£168,250 £2,271 18
2022£155,821 £2,194 19
2021£149,648 £2,164 27
2020£142,281 £2,011 16
2019£132,779 £1,859 26
2018£122,398 £1,773 18
2017£117,893 £1,824 21
2016£116,869 £1,729 31
2015£114,982 £1,729 19
2014£100,750 £1,468 24
2013£93,993 £1,355 23
2012£93,246 £1,278 14
2011£90,401 £1,329 11
2010£102,591 £1,400 11
2009£108,536 £1,723 7
2008£110,900 £1,506 18
2007£108,767 £1,616 33
2006£107,545 £1,525 26
2005£105,918 £1,607 19
2004£94,629 £1,199 32
2003£73,913 £1,099 36
2002£52,635 £750 36
2001£38,684 £580 24
2000£40,305 £560 22
1999£40,417 £625 26
1998£42,122 £716 20
1997£40,473 £702 15
1996£40,892 £617 19
1995£38,913 £605 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£91,750 £1,223 2
2021£75,000 £1,000 1
2020£90,000 £1,205 1
2019£87,000 £1,192 1
2018£74,375 £920 2
2017£66,500 £887 1
2016£74,000 £980 1
2015£69,167 £890 3
2014£63,500 £986 2
2013£78,000 £1,068 1
2009£52,333 £784 3
2008£82,500 £1,100 1
2006£64,000 £821 1
2004£23,680 £454 2
2003£18,500 £314 1
2001£17,000 £230 1
1999£22,750 £307 1
1997£17,500 £221 2
1996£9,000 £120 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£56,000 £718 1
2018£1,789,502 £20,644 2
2017£700,000 £9,211 1

House Type in LN2 2BD area

The most common house types in the LN2 2BD postcode area are Semi-detached (51), Terraced (37), and Flat (30).

Total119
Semi-detached51
Terraced37
Flat30
Detached1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (62), and Owned: Owns with a mortgage or loan (26).

Social rented: Rents from council or Local Authority62
Owned: Owns with a mortgage or loan26
Social rented: Other social rented11
Owned: Owns outright10
Private rented: Private landlord or letting agency10
Lives rent free3
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the LN2 2BD have 2 people in household (44), and 1 person in household (33).

2 people in household44
1 person in household33
3 people in household21
4 people in household11
5 people in household6
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0