Housing Market Analysis for RAVENDALE DRIVE, LN2 2BU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £59,000 median price is £62,000 Standard Deviation is £21,794 with Total Sold: 4
    • The most recent sale happened at this postcode is 7, CORNWALL HOUSE RAVENDALE DRIVE: £78,000 (Sold on 31 Mar 2016)
    • The first recorded sale happened at this postcode is 11, CORNWALL HOUSE RAVENDALE DRIVE: £30,000 (Sold on 06 Feb 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 2BU 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
2016£78,000 £1,013 1
2015£82,000 £1,139 1
2008£46,000 £639 1
2006£30,000 £400 1

All the Sales in the RAVENDALE DRIVE, LN2 2BU

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

AddressSold DatePrice% Change
7, CORNWALL HOUSE RAVENDALE DRIVEFlat, LeaseholdArea: 77 Sq.mtrAge: 1967-197531 Mar 2016£78,000First Sale
9, CORNWALL HOUSE RAVENDALE DRIVEFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-196619 Jan 2015£82,00078.26%
19 May 2008£46,000First Sale
11, CORNWALL HOUSE RAVENDALE DRIVEFlat, LeaseholdArea: 75 Sq.mtrAge: 1950-196606 Feb 2006£30,000First Sale

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

RAVENDALE DRIVE, LN2 2BU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £98,715 median price is £101,000 Standard Deviation is £44,815 with Total Sold: 282
    • The Last 5 Year average price is £149,160 with Total Sold: 50
    • 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 , 33 MANTON ROAD: £52,500 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £125,624 median price is £106,000 Standard Deviation is £143,105 with Total Sold: 791
    • The Last 5 Year average price is £231,846 with Total Sold: 137
    • The most recent sale happened at this postcode is , 99 LAUGHTON WAY: £153,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 LONGDALES ROAD: £51,750 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £89,369 median price is £75,000 Standard Deviation is £46,092 with Total Sold: 293
    • The Last 5 Year average price is £113,189 with Total Sold: 47
    • The most recent sale happened at this postcode is , 51 MANTON ROAD: £184,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 85 RUSKIN AVENUE: £30,000 (Sold on 18 Aug 1995)
  • Detached
    • The average price is around £227,772 median price is £201,000 Standard Deviation is £166,427 with Total Sold: 432
    • The Last 5 Year average price is £374,640 with Total Sold: 73
    • The most recent sale happened at this postcode is , 33 RISEHOLME ROAD: £255,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 39 RISEHOLME ROAD: £49,750 (Sold on 18 Jan 1995)
  • Other
    • The average price is around £462,338 median price is £210,000 Standard Deviation is £523,977 with Total Sold: 11
    • The Last 5 Year average price is £420,358 with Total Sold: 6
    • The most recent sale happened at this postcode is , 3 CABOURNE COURT: £150,000 (Sold on 11 Oct 2023)
    • The first recorded sale happened at this postcode is , 68E RISEHOLME ROAD: £210,000 (Sold on 23 May 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0001
2023£158,250 £2,180 8
2022£176,882 £2,345 11
2021£138,473 £1,660 12
2020£128,178 £1,740 9
2019£140,667 £1,689 9
2018£144,615 £1,551 13
2017£127,000 £1,680 12
2016£118,475 £1,683 12
2015£124,792 £1,577 12
2014£107,889 £1,431 9
2013£86,356 £1,101 8
2012£88,700 £1,133 10
2011£114,000 £1,342 7
2010£114,603 £1,411 9
2009£116,850 £1,519 7
2008£98,820 £1,475 10
2007£107,568 £1,280 14
2006£88,294 £1,292 13
2005£96,856 £1,200 9
2004£84,347 £1,070 15
2003£56,300 £883 10
2002£46,843 £544 14
2001£37,510 £524 7
2000£42,667 £600 6
1999£39,850 £671 9
1998£36,633 £503 9
1997£32,900 £424 5
1996£41,338 £532 8
1995£40,112 £546 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,8577
2023£208,198 £2,341 20
2022£217,464 £2,373 28
2021£368,748 £3,872 30
2020£182,748 £2,072 26
2019£161,500 £1,889 26
2018£168,796 £1,893 27
2017£157,138 £1,898 16
2016£146,621 £1,773 29
2015£164,850 £1,820 30
2014£140,779 £1,546 28
2013£108,421 £1,365 19
2012£123,395 £1,374 22
2011£131,881 £1,440 26
2010£124,999 £1,555 18
2009£150,403 £1,476 16
2008£135,016 £1,516 22
2007£119,206 £1,422 31
2006£138,946 £1,492 36
2005£131,013 £1,364 15
2004£97,413 £1,085 35
2003£112,096 £1,102 39
2002£70,331 £763 46
2001£54,613 £585 43
2000£51,916 £556 29
1999£47,058 £501 33
1998£51,163 £522 27
1997£45,920 £504 20
1996£47,167 £535 27
1995£45,255 £430 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,0002
2023£145,800 £1,994 5
2022£122,954 £1,800 12
2021£97,595 £1,796 10
2020£80,000 £1,507 4
2019£107,536 £1,593 14
2018£136,344 £1,777 8
2017£83,342 £1,438 13
2016£110,808 £1,534 13
2015£79,915 £1,432 13
2014£99,818 £1,396 11
2013£69,494 £1,217 9
2012£67,125 £1,259 4
2011£49,267 £1,141 3
2010£80,033 £1,230 12
2009£67,300 £1,303 5
2008£102,000 £1,531 11
2007£169,104 £2,086 24
2006£81,731 £1,616 13
2005£84,925 £1,611 6
2004£79,223 £1,530 13
2003£68,946 £1,269 9
2002£64,375 £1,472 4
2001£57,928 £1,045 9
2000£49,863 £1,036 15
1999£59,731 £1,073 31
1998£56,981 £1,085 16
1997£18,000 £212 1
1996£9,000 £120 1
1995£27,500 £386 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0005
2023£412,857 £2,929 7
2022£388,462 £2,930 13
2021£426,717 £3,911 24
2020£347,267 £2,693 15
2019£281,500 £2,197 9
2018£281,622 £2,459 16
2017£260,869 £2,150 16
2016£245,426 £2,156 17
2015£315,543 £2,271 14
2014£246,931 £2,289 16
2013£211,997 £1,832 15
2012£184,050 £1,766 18
2011£258,240 £1,851 27
2010£282,616 £1,879 21
2009£251,267 £1,817 23
2008£264,543 £2,091 21
2007£188,123 £1,760 19
2006£201,597 £1,766 15
2005£184,000 £1,348 12
2004£172,431 £1,603 8
2003£119,320 £1,189 10
2002£99,988 £901 11
2001£102,959 £866 16
2000£101,132 £844 11
1999£81,950 £653 12
1998£70,673 £699 11
1997£70,307 £677 15
1996£68,278 £511 9
1995£70,842 £644 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£150,000 £3,020 1
2021£190,0001
2020£708,716 £9,518 3
2019£56,000 £718 1
2018£781,786 £8,369 2
2017£333,333 £3,969 3

House Type in LN2 2BU area

The most common house types in the LN2 2BU postcode area are Detached (79), Flat (29), and Semi-detached (16).

Total133
Detached79
Flat29
Semi-detached16
Terraced8
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Social rented: Rents from council or Local Authority (41).

Owned: Owns outright58
Social rented: Rents from council or Local Authority41
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LN2 2BU have 1 person in household (59), and 2 people in household (44).

1 person in household59
2 people in household44
3 people in household15
4 people in household9
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0