Housing Market Analysis for REED DRIVE, LN2 4FZ

Are you looking to understand LN2 4FZ 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 4FZ area, explore the LN2 4FZ Area information page.
For comprehensive crime statistics in the LN2 4FZ area, explore the LN2 4FZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 4FZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £82,553 median price is £89,200 Standard Deviation is £21,237 with Total Sold: 15
    • The Last 5 Year average price is £107,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 REED DRIVE: £107,000 (Sold on 11 Dec 2019)
    • The first recorded sale happened at this postcode is 6 REED DRIVE: £109,995 (Sold on 26 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 4FZ 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
2019£107,000 £2,098 1
2018£69,000 £2,723 1
2017£107,500 £2,152 2
2015£83,000 £2,247 2
2014£95,000 £1,939 1
2012£52,725 £2,097 2
2011£90,000 £1,724 1
2010£71,398 £2,225 3
2007£88,328 £2,394 2

All the Sales in the REED DRIVE, LN2 4FZ

See the table below for more details on the sold house prices in the LN2 4FZ, Lincoln postcode.

AddressSold DatePrice% Change
6 REED DRIVEFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-200611 Dec 2019£107,0001.90%
06 Oct 2017£105,000-4.54%
26 Oct 2007£109,995First Sale
2 REED DRIVEFlat, LeaseholdArea: 25.34 Sq.mtrAge: 2007 onwards06 Jul 2018£69,00048.39%
30 Oct 2012£46,500-27.34%
09 Jul 2010£64,000-3.99%
26 Oct 2007£66,662First Sale
8 REED DRIVEFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-200626 May 2017£110,00015.79%
01 Aug 2014£95,000First Sale
4 REED DRIVEFlat, LeaseholdArea: 52.2 Sq.mtr21 May 2015£103,00014.44%
31 Aug 2011£90,0000.90%
22 Feb 2010£89,200First Sale
10 REED DRIVEFlat, LeaseholdArea: 25 Sq.mtrAge: 2007-201101 May 2015£63,0006.87%
03 Sep 2012£58,950-3.35%
26 Jul 2010£60,995First Sale

Check out the sold house prices near the LN2 4FZ postcode. Properties currently for saleProperties currently for rent

REED DRIVE, LN2 4FZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 4FZ 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 4FZ postcode.

  • Flat
    • The average price is around £100,645 median price is £105,000 Standard Deviation is £25,776 with Total Sold: 662
    • The Last 5 Year average price is £110,345 with Total Sold: 137
    • The most recent sale happened at this postcode is APARTMENT 1, VENABLES COURT VENABLES WAY: £125,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 CHESNEY ROAD: £14,800 (Sold on 15 Sep 1995)
  • Detached
    • The average price is around £190,182 median price is £189,950 Standard Deviation is £73,699 with Total Sold: 806
    • The Last 5 Year average price is £276,024 with Total Sold: 126
    • The most recent sale happened at this postcode is , 4 BLACKFRIARS WALK: £320,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 BULLINGHAM ROAD: £60,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £463,028 median price is £200,000 Standard Deviation is £748,946 with Total Sold: 37
    • The Last 5 Year average price is £502,377 with Total Sold: 20
    • The most recent sale happened at this postcode is , 2 GABRIEL CRESCENT: £240,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , LINCOLNSHIRE FLOORING CO OUTER CIRCLE ROAD: £726,000 (Sold on 15 Apr 2014)
  • Semi-Detached
    • The average price is around £139,706 median price is £149,997 Standard Deviation is £61,121 with Total Sold: 660
    • The Last 5 Year average price is £210,903 with Total Sold: 109
    • The most recent sale happened at this postcode is , 20 EXLEY SQUARE: £257,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 55 HAWTHORN ROAD: £59,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £134,662 median price is £145,000 Standard Deviation is £50,849 with Total Sold: 520
    • The Last 5 Year average price is £177,012 with Total Sold: 88
    • The most recent sale happened at this postcode is , 16 BYLAND CLOSE: £176,100 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 21 MONTAIGNE CLOSE: £25,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,535 £1,993 13
2023£113,134 £2,186 22
2022£115,047 £2,168 32
2021£106,974 £2,130 29
2020£107,692 £1,891 19
2019£102,020 £1,965 22
2018£95,081 £2,100 31
2017£100,497 £2,025 39
2016£102,118 £1,989 36
2015£93,106 £1,954 26
2014£82,228 £2,087 26
2013£94,675 £1,830 28
2012£72,895 £1,820 10
2011£92,905 £2,023 11
2010£81,656 £2,098 14
2009£80,839 £1,959 27
2008£98,015 £2,151 96
2007£108,396 £2,176 63
2006£123,504 £1,990 50
2005£109,753 £1,847 17
2004£98,970 £1,853 20
2003£100,845 £1,719 20
2002£56,790 £1,430 5
2001£26,250 £856 2
1998£16,500 £750 1
1996£18,500 £591 2
1995£14,800 £643 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£337,2789
2023£280,833 £4,475 15
2022£308,518 £2,565 28
2021£263,621 £2,424 33
2020£255,976 £2,310 21
2019£240,875 £2,117 20
2018£246,242 £2,159 20
2017£234,656 £1,921 25
2016£225,515 £1,919 24
2015£199,419 £1,825 39
2014£192,188 £1,636 25
2013£194,451 £1,733 32
2012£195,483 £1,669 42
2011£194,711 £1,516 26
2010£202,643 £1,600 29
2009£179,740 £1,676 25
2008£203,815 £1,630 15
2007£205,614 £1,704 46
2006£193,253 £1,701 63
2005£188,803 £1,493 32
2004£178,547 £1,548 59
2003£162,589 £1,269 41
2002£117,566 £1,122 38
2001£102,889 £965 14
2000£83,470 £764 21
1999£85,531 £672 20
1998£59,959 £592 11
1997£64,000 £625 10
1996£58,238 £489 13
1995£49,650 £616 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,7504
2023£121,500 £1,991 2
2022£1,492,333 £29 3
2021£528,924 £4,200 6
2020£160,000 £2,222 1
2019£320,7504
2018£332,562 £1,606 8
2017£452,5003
2016£372,6254
2015£850,0001
2014£726,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,650 £2,274 10
2023£242,272 £2,347 13
2022£224,998 £2,419 18
2021£206,370 £2,304 27
2020£176,662 £2,301 12
2019£204,498 £1,938 29
2018£182,040 £2,077 21
2017£175,325 £1,830 24
2016£166,748 £1,863 23
2015£150,188 £1,722 29
2014£151,278 £1,684 18
2013£150,143 £1,467 14
2012£136,283 £1,521 21
2011£137,210 £1,564 14
2010£135,611 £1,737 9
2009£134,227 £1,447 11
2008£140,007 £1,454 20
2007£149,798 £1,773 48
2006£141,152 £1,530 48
2005£155,812 £1,764 41
2004£132,509 £1,485 42
2003£132,018 £1,230 34
2002£85,318 £1,105 31
2001£57,674 £729 25
2000£49,829 £738 14
1999£44,125 £527 16
1998£43,977 £690 11
1997£42,429 £572 12
1996£38,250 £558 12
1995£41,627 £527 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,014 £2,413 7
2023£166,364 £2,067 11
2022£189,717 £2,358 16
2021£176,911 £2,051 23
2020£175,500 £1,819 10
2019£168,405 £2,055 21
2018£173,078 £1,868 18
2017£159,719 £1,992 18
2016£161,037 £1,803 23
2015£147,576 £1,624 29
2014£129,405 £1,772 20
2013£138,342 £1,567 13
2012£126,572 £1,386 9
2011£109,955 £11,082 11
2010£137,175 £1,546 18
2009£125,294 £1,444 17
2008£117,303 £1,606 16
2007£142,051 £1,900 26
2006£149,999 £1,544 44
2005£148,115 £5,720 31
2004£127,519 £1,526 45
2003£120,842 £1,332 30
2002£82,349 £1,044 18
2001£38,790 £765 5
2000£33,302 £607 9
1999£34,840 £656 5
1998£34,370 £584 5
1997£34,500 £577 8
1996£29,000 £651 5
1995£30,105 £509 9

House Type in LN2 4FZ area

The most common house types in the LN2 4FZ postcode area are Flat (100), Terraced (3), and Semi-detached (2).

Total108
Flat100
Terraced3
Semi-detached2
Detached1
Shared house1
commercial building1
converted 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 (45), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency45
Owned: Owns with a mortgage or loan40
Social rented: Rents from council or Local Authority8
Owned: Owns outright7
Social rented: Other social rented5
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LN2 4FZ have 1 person in household (80), and 2 people in household (26).

1 person in household80
2 people in household26
3 people in household2
0 people in household0
4 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0