Housing Market Analysis for MONKS ROAD, LN2 5LG

Are you looking to understand LN2 5LG 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 5LG area, explore the LN2 5LG Area information page.
For comprehensive crime statistics in the LN2 5LG area, explore the LN2 5LG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 5LG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £40,667 median price is £40,000 Standard Deviation is £4,922 with Total Sold: 3
    • The most recent sale happened at this postcode is 345 MONKS ROAD: £47,000 (Sold on 28 Mar 2002)
    • The first recorded sale happened at this postcode is 345 MONKS ROAD: £35,000 (Sold on 20 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 5LG 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£47,000 £609 1
1998£40,000 £519 1
1997£35,000 £454 1

All the Sales in the MONKS ROAD, LN2 5LG

See the table below for more details on the sold house prices in the LN2 5LG, Lincoln postcode.

AddressSold DatePrice% Change
345 MONKS ROADTerraced, FreeholdArea: 77.12 Sq.mtrAge: before 190028 Mar 2002£47,00017.50%
13 Feb 1998£40,00014.29%
20 Jun 1997£35,000First Sale

Check out the sold house prices near the LN2 5LG postcode. Properties currently for saleProperties currently for rent

MONKS ROAD, LN2 5LG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 5LG 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 5LG postcode.

  • Terraced
    • The average price is around £76,371 median price is £80,000 Standard Deviation is £37,682 with Total Sold: 1,512
    • The Last 5 Year average price is £124,220 with Total Sold: 225
    • The most recent sale happened at this postcode is , 36 FREDERICK STREET: £145,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 10 BATHURST STREET: £29,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £98,749 median price is £100,000 Standard Deviation is £49,704 with Total Sold: 269
    • The Last 5 Year average price is £159,105 with Total Sold: 48
    • The most recent sale happened at this postcode is , 10 ROMAN PAVEMENT: £185,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 83 GREETWELL ROAD: £42,500 (Sold on 26 May 1995)
  • Detached
    • The average price is around £112,557 median price is £112,000 Standard Deviation is £60,219 with Total Sold: 144
    • The Last 5 Year average price is £165,022 with Total Sold: 27
    • The most recent sale happened at this postcode is , 24 HILLSIDE AVENUE: £127,100 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 336 MONKS ROAD: £34,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £96,503 median price is £101,000 Standard Deviation is £34,931 with Total Sold: 60
    • The Last 5 Year average price is £84,967 with Total Sold: 15
    • The most recent sale happened at this postcode is , 115 ALLENBY CLOSE: £108,500 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , 74D WINN STREET: £34,000 (Sold on 01 Jul 1998)
  • Other
    • The average price is around £650,178 median price is £239,000 Standard Deviation is £1,550,108 with Total Sold: 15
    • The Last 5 Year average price is £950,896 with Total Sold: 8
    • The most recent sale happened at this postcode is , 31 COLEBY STREET: £115,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , MILLENNIUM HOUSE LIME KILN WAY: £660,000 (Sold on 30 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,731 £1,483 27
2023£134,978 £1,650 32
2022£132,360 £1,688 43
2021£124,498 £1,622 41
2020£116,165 £1,423 31
2019£111,301 £1,415 51
2018£108,352 £1,341 47
2017£103,414 £1,355 42
2016£102,478 £1,306 47
2015£98,976 £1,312 44
2014£95,699 £1,182 53
2013£85,276 £1,086 39
2012£80,143 £1,014 36
2011£86,133 £1,060 24
2010£75,006 £1,021 28
2009£82,837 £1,030 22
2008£96,080 £1,242 39
2007£98,849 £1,275 75
2006£93,400 £1,174 53
2005£86,526 £1,116 68
2004£85,590 £1,128 65
2003£68,401 £909 90
2002£50,341 £663 99
2001£35,823 £458 88
2000£33,277 £438 61
1999£29,944 £381 52
1998£29,018 £349 56
1997£29,718 £367 66
1996£27,469 £366 42
1995£28,755 £382 51
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£172,5002
2023£157,000 £2,049 10
2022£166,135 £1,890 13
2021£148,571 £1,912 7
2020£156,550 £1,778 9
2019£159,051 £1,840 7
2018£127,500 £1,526 10
2017£125,758 £1,347 20
2016£118,181 £1,320 8
2015£116,500 £1,286 6
2014£119,880 £1,567 5
2013£95,500 £1,114 5
2012£102,333 £1,134 3
2011£121,417 £1,157 6
2010£100,000 £1,166 3
2009£91,494 £1,440 8
2008£98,944 £1,394 9
2007£121,043 £1,273 23
2006£90,942 £1,162 13
2005£102,292 £1,059 6
2004£77,109 £814 14
2003£67,656 £760 9
2002£51,442 £625 16
2001£47,970 £599 12
2000£43,464 £433 10
1999£37,226 £453 8
1998£46,125 £358 4
1997£37,843 £436 12
1996£39,343 £375 7
1995£35,812 £483 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,1001
2023£175,333 £2,716 3
2022£180,525 £2,629 10
2021£160,100 £2,177 5
2020£155,917 £2,220 6
2019£130,625 £1,852 2
2018£183,333 £2,306 3
2017£132,333 £1,741 3
2016£136,250 £1,609 4
2015£128,167 £1,727 3
2014£136,000 £1,582 5
2013£113,862 £1,510 4
2012£104,000 £1,529 1
2011£99,105 £1,398 10
2010£135,5001
2009£118,000 £1,192 1
2008£146,564 £1,568 7
2007£166,226 £1,565 7
2006£149,150 £1,644 6
2005£140,917 £865 3
2004£131,421 £1,596 7
2003£100,975 £1,507 4
2002£78,106 £859 8
2001£56,140 £766 5
2000£48,125 £696 8
1999£53,519 £666 8
1998£40,500 £676 2
1997£44,214 £536 7
1996£46,207 £534 7
1995£42,833 £618 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£108,5001
2023£70,600 £1,335 5
2022£102,000 £1,941 3
2021£64,000 £2,000 1
2020£96,500 £1,716 2
2019£83,333 £1,371 3
2018£87,833 £1,703 3
2017£104,7502
2016£71,000 £1,158 4
2015£96,667 £1,533 3
2013£54,500 £970 2
2012£48,000 £772 1
2011£24,875 £357 1
2010£57,770 £1,385 6
2009£100,000 £1,742 1
2007£133,417 £2,194 12
2006£133,911 £2,154 9
1998£34,000 £472 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£169,983 £1,727 3
2021£3,266,608 £66,912 2
2020£188,000 £441 3
2018£238,5002
2017£264,500 £365 3
2016£215,0001
2013£660,0001

House Type in LN2 5LG area

The most common house types in the LN2 5LG postcode area are Detached (81), Semi-detached (41), and Flat (20).

Total151
Detached81
Semi-detached41
Flat20
Terraced5
Shared house3
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright62
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency32
Social rented: Rents from council or Local Authority15
Private rented: Other private rented5
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN2 5LG have 1 person in household (56), and 2 people in household (53).

1 person in household56
2 people in household53
3 people in household20
4 people in household13
5 people in household6
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0