Housing Market Analysis for OLSEN RISE, LN2 4ZE

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

Overview of Sold House prices

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

Flat
- The average price is around £113,300 median price is £113,952 Standard Deviation is £17,541 with Total Sold: 81
- The Last 5 Year average price is £112,581 with Total Sold: 18
- The most recent sale happened at this postcode is APARTMENT 155, PALATINE HOUSE OLSEN RISE: £135,000 (Sold on 08 Feb 2023)
- The first recorded sale happened at this postcode is APARTMENT 113, PALATINE HOUSE OLSEN RISE: £110,000 (Sold on 16 Feb 2024)
Other
- The average price is around £114,000 median price is £114,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £114,000 with Total Sold: 1
- The most recent sale happened at this postcode is APARTMENT 167, PALATINE HOUSE OLSEN RISE: £114,000 (Sold on 17 Apr 2024)
- The first recorded sale happened at this postcode is APARTMENT 167, PALATINE HOUSE OLSEN RISE: £114,000 (Sold on 17 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 4ZE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£135,000	£1,929	1
2022	£126,000	£2,034	2
2021	£115,375	£1,782	4
2020	£109,250	£1,572	4
2019	£105,158	£1,730	6
2018	£97,000	£1,593	4
2017	£113,167	£1,822	3
2016	£117,167	£1,694	6
2014	£123,500	£1,609	2
2013	£118,950	£1,675	1
2010	£114,500	£1,645	1
2009	£88,000	£1,569	1
2008	£110,415	£1,797	32
2007	£124,508	£1,950	13
2024	£110,000	£1,900	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,000		1

All the Sales in the OLSEN RISE, LN2 4ZE

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

Address	Sold Date	Price	% Change
APARTMENT 155, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-2006	08 Feb 2023	£135,000	8.00%
	22 Jul 2020	£125,000	4.17%
	30 Mar 2017	£120,000	First Sale
APARTMENT 175, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 56.2 Sq.mtrAge: 2003-2006	01 Dec 2022	£117,000	4.46%
	15 Feb 2017	£112,000	0.04%
	18 Apr 2008	£111,950	First Sale
APARTMENT 129, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	24 Jun 2022	£135,000	12.50%
	07 Oct 2016	£120,000	-13.64%
	29 Jun 2007	£138,950	First Sale
APARTMENT 183, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57.19 Sq.mtrAge: 2007 onwards	26 Aug 2021	£112,000	0.0
	21 Mar 2014	£112,000	-6.63%
	07 Dec 2007	£119,950	First Sale
APARTMENT 105, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 71 Sq.mtrAge: 2007 onwards	25 Jun 2021	£134,000	12.65%
	19 Jul 2013	£118,950	-0.83%
	09 Apr 2008	£119,950	First Sale
APARTMENT 149, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 56 Sq.mtrAge: 2007-2011	26 Feb 2021	£103,500	-9.17%
	16 May 2008	£113,952	First Sale
APARTMENT 143, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 78 Sq.mtrAge: 2003-2006	09 Feb 2021	£112,000	-3.45%
	04 Feb 2016	£116,000	22.11%
	24 Oct 2008	£95,000	First Sale
APARTMENT 131, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	06 Nov 2020	£107,000	-10.83%
	10 Apr 2008	£120,000	First Sale
APARTMENT 157, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 84.51 Sq.mtrAge: 2007 onwards	28 Aug 2020	£110,000	-24.11%
	31 Mar 2008	£144,950	First Sale
APARTMENT 137, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 61.1 Sq.mtr	10 Jan 2020	£95,000	-34.46%
	31 Mar 2008	£144,950	First Sale
APARTMENT 95, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 69.6 Sq.mtrAge: 2003-2006	27 Nov 2019	£115,950	-7.24%
	07 Jul 2016	£125,000	9.17%
	18 Jun 2010	£114,500	-10.89%
	07 Dec 2007	£128,500	First Sale
APARTMENT 189, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	23 Sep 2019	£100,000	-21.84%
	31 Mar 2008	£127,950	First Sale
APARTMENT 191, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	13 Jun 2019	£105,000	-5.94%
	03 Jul 2008	£111,625	First Sale
APARTMENT 187, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	25 Apr 2019	£110,000	-11.96%
	31 Mar 2008	£124,950	First Sale
APARTMENT 135, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	29 Jan 2019	£100,000	-10.26%
	02 Jun 2008	£111,434	First Sale
APARTMENT 107, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 61.94 Sq.mtrAge: 2003-2006	18 Jan 2019	£100,000	-24.78%
	31 Mar 2008	£132,950	First Sale
APARTMENT 179, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	07 Sep 2018	£95,000	-25.75%
	31 Mar 2008	£127,950	First Sale
APARTMENT 139, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 70 Sq.mtrAge: 2007 onwards	16 Aug 2018	£97,500	-32.74%
	31 Mar 2008	£144,950	First Sale
APARTMENT 177, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	03 Aug 2018	£95,500	-23.57%
	31 Mar 2008	£124,950	First Sale
APARTMENT 169, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	15 Feb 2018	£100,000	-23.05%
	31 Mar 2008	£129,950	First Sale
APARTMENT 97, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 61.12 Sq.mtrAge: 2003-2006	24 Jul 2017	£107,500	First Sale
APARTMENT 109, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 73.47 Sq.mtrAge: 2007 onwards	14 Oct 2016	£125,000	-7.95%
	29 Jun 2007	£135,802	First Sale
APARTMENT 121, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	23 Sep 2016	£112,000	-4.03%
	24 Apr 2008	£116,707	First Sale
APARTMENT 115, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 61.02 Sq.mtrAge: 2007 onwards	10 Jun 2016	£105,000	-15.97%
	31 Mar 2008	£124,950	First Sale
APARTMENT 195, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 107.17 Sq.mtrAge: 2003-2006	04 Apr 2014	£135,000	-3.57%
	17 Dec 2007	£140,000	First Sale
APARTMENT 145, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 56.1 Sq.mtr	11 Jun 2009	£88,000	First Sale
APARTMENT 111, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	17 Dec 2008	£80,000	First Sale
APARTMENT 93, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 61.1 Sq.mtr	08 Dec 2008	£80,000	First Sale
APARTMENT 153, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	08 Dec 2008	£80,000	First Sale
APARTMENT 101, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 60.62 Sq.mtr	08 Dec 2008	£80,000	First Sale
APARTMENT 141, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-2006	08 Dec 2008	£80,000	First Sale
APARTMENT 119, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 63.5 Sq.mtr	08 Dec 2008	£80,000	First Sale
APARTMENT 161, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 40 Sq.mtrAge: 2007 onwards	05 Dec 2008	£71,579	First Sale
APARTMENT 163, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 56.1 Sq.mtr	26 Nov 2008	£92,158	First Sale
APARTMENT 147, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 39.94 Sq.mtr	24 Nov 2008	£71,579	First Sale
APARTMENT 123, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	23 Oct 2008	£99,950	First Sale
APARTMENT 99, PALATINE HOUSE OLSEN RISEFlat, Leasehold	25 Jul 2008	£124,950	First Sale
APARTMENT 113, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57.89 Sq.mtrAge: 2003-2006	17 Apr 2008	£112,000	1.82%
	16 Feb 2024	£110,000	First Sale
APARTMENT 165, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 71 Sq.mtrAge: 2007 onwards	07 Mar 2008	£132,000	First Sale
APARTMENT 117, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 72 Sq.mtrAge: 2007 onwards	14 Feb 2008	£119,950	First Sale
APARTMENT 103, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 59 Sq.mtrAge: 2007 onwards	20 Dec 2007	£111,107	First Sale
APARTMENT 171, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 58.38 Sq.mtrAge: 2003-2006	20 Dec 2007	£109,397	First Sale
APARTMENT 185, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 111 Sq.mtrAge: 2003-2006	01 Nov 2007	£142,500	First Sale
APARTMENT 133, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	26 Sep 2007	£130,000	First Sale
APARTMENT 167, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	10 Aug 2007	£113,952	-0.04%
	17 Apr 2024	£114,000	First Sale
APARTMENT 173, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	29 Jun 2007	£114,000	First Sale
APARTMENT 125, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 39.7 Sq.mtrAge: 2003-2006	29 Jun 2007	£114,950	First Sale
APARTMENT 127, PALATINE HOUSE OLSEN RISEFlat, LeaseholdArea: 57.78 Sq.mtrAge: 2003-2006	29 Jun 2007	£119,495	First Sale

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

OLSEN RISE, LN2 4ZE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 4ZE 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 4ZE 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)
Other
- The average price is around £539,439 median price is £215,000 Standard Deviation is £726,689 with Total Sold: 45
- The Last 5 Year average price is £524,968 with Total Sold: 23
- 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 , 2 DEACON ROAD: £250,000 (Sold on 07 Feb 2014)
Semi-Detached
- The average price is around £126,694 median price is £128,000 Standard Deviation is £61,424 with Total Sold: 729
- The Last 5 Year average price is £200,608 with Total Sold: 115
- 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 , 22 MONTAIGNE CRESCENT: £37,750 (Sold on 04 Jan 1995)
Detached
- The average price is around £170,629 median price is £170,000 Standard Deviation is £73,435 with Total Sold: 606
- The Last 5 Year average price is £262,940 with Total Sold: 92
- The most recent sale happened at this postcode is , 17 PADLEY ROAD: £407,500 (Sold on 25 Jun 2024)
- The first recorded sale happened at this postcode is , 2 BULLINGHAM ROAD: £60,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £124,457 median price is £135,000 Standard Deviation is £55,047 with Total Sold: 565
- The Last 5 Year average price is £173,882 with Total Sold: 89
- 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 , 10 SCOTT GARDENS: £22,000 (Sold on 07 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,750		4
2023	£474,333	£1,991	3
2022	£2,237,500		2
2021	£528,924	£4,200	6
2020	£327,500	£2,222	3
2019	£261,844		5
2018	£416,278	£1,606	9
2017	£589,375		4
2016	£711,750		6
2015	£850,000		1
2014	£488,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£209,208	£2,247	12
2023	£229,038	£2,383	14
2022	£214,021	£2,371	22
2021	£205,792	£2,305	24
2020	£163,466	£2,244	16
2019	£188,517	£1,895	27
2018	£172,575	£2,300	24
2017	£161,778	£1,770	26
2016	£159,096	£1,760	23
2015	£145,548	£1,669	30
2014	£141,384	£1,663	22
2013	£136,704	£1,482	13
2012	£125,466	£1,587	16
2011	£112,958	£1,778	13
2010	£124,056	£1,655	9
2009	£113,536	£1,316	14
2008	£139,219	£1,518	21
2007	£131,791	£1,738	46
2006	£141,620	£1,643	52
2005	£149,340	£1,781	38
2004	£127,305	£1,458	44
2003	£121,844	£1,204	38
2002	£78,060	£1,053	42
2001	£52,789	£742	36
2000	£46,648	£758	22
1999	£42,190	£547	21
1998	£41,213	£637	15
1997	£40,543	£566	14
1996	£34,983	£535	15
1995	£39,420	£538	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,375		4
2023	£273,308	£4,999	13
2022	£293,675	£2,626	20
2021	£253,438	£2,513	24
2020	£244,933	£2,303	15
2019	£233,875	£2,204	16
2018	£217,727	£2,375	15
2017	£230,457	£1,934	14
2016	£202,028	£1,929	16
2015	£195,545	£1,868	30
2014	£178,572	£1,706	20
2013	£166,185	£1,611	13
2012	£149,097	£1,715	15
2011	£168,188	£1,538	8
2010	£174,000	£1,599	17
2009	£169,531	£1,657	16
2008	£211,371	£1,656	12
2007	£186,496	£1,809	27
2006	£186,342	£1,736	41
2005	£188,256	£1,585	27
2004	£171,009	£1,511	56
2003	£163,341	£1,269	40
2002	£115,006	£1,140	40
2001	£92,621	£837	14
2000	£81,279	£757	23
1999	£82,246	£655	22
1998	£60,818	£665	11
1997	£53,582	£657	17
1996	£59,327	£493	11
1995	£46,889	£637	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,888	£2,413	8
2023	£165,091	£2,096	11
2022	£181,561	£2,276	16
2021	£174,589	£2,059	22
2020	£175,500	£1,819	10
2019	£163,977	£2,038	22
2018	£170,021	£1,888	19
2017	£156,182	£1,903	19
2016	£157,912	£1,791	25
2015	£137,373	£1,606	34
2014	£124,002	£1,664	24
2013	£127,667	£1,499	15
2012	£119,800	£1,361	9
2011	£103,962	£9,544	13
2010	£128,154	£1,483	12
2009	£113,331	£1,272	18
2008	£112,815	£1,568	17
2007	£136,895	£1,824	25
2006	£151,930	£1,544	43
2005	£149,615	£6,352	27
2004	£121,091	£1,438	41
2003	£116,424	£1,302	33
2002	£75,755	£1,002	24
2001	£36,992	£641	13
2000	£35,792	£595	16
1999	£32,600	£646	9
1998	£32,979	£507	7
1997	£33,222	£545	9
1996	£28,875	£577	8
1995	£30,153	£502	16

House Type in LN2 4ZE area

The most common house types in the LN2 4ZE postcode area are Flat (149), Semi-detached (5), and Terraced (3).

Total	161
Flat	149
Semi-detached	5
Terraced	3
commercial building	3
Shared house	1
Detached	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (77), and Social rented: Other social rented (39).

Private rented: Private landlord or letting agency	77
Social rented: Other social rented	39
Owned: Owns with a mortgage or loan	15
Owned: Owns outright	12
Social rented: Rents from council or Local Authority	8
Shared ownership: Shared ownership	6
Private rented: Other private rented	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LN2 4ZE have 1 person in household (99), and 2 people in household (44).

1 person in household	99
2 people in household	44
3 people in household	9
4 people in household	5
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0