Housing Market Analysis for PRINCESS ROYAL CLOSE, LN2 5RX

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £235,446 median price is £280,000 Standard Deviation is £150,372 with Total Sold: 13
    • The Last 5 Year average price is £475,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 PRINCESS ROYAL CLOSE: £475,000 (Sold on 09 Apr 2020)
    • The first recorded sale happened at this postcode is 6 PRINCESS ROYAL CLOSE: £59,950 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 5RX 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£475,000 £3,545 1
2013£316,000 £2,290 1
2009£420,0001
2007£385,0001
2005£280,000 £2,692 1
2003£335,000 £2,500 1
2002£350,0001
1998£170,0001
1996£69,967 £561 3
1995£59,9502

All the Sales in the PRINCESS ROYAL CLOSE, LN2 5RX

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

AddressSold DatePrice% Change
1 PRINCESS ROYAL CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 1996-200209 Apr 2020£475,00041.79%
16 Sep 2003£335,000272.22%
31 Jan 1996£90,000First Sale
5 PRINCESS ROYAL CLOSEDetached, FreeholdArea: 138 Sq.mtrAge: 1991-199517 Apr 2013£316,000427.11%
18 Jun 1996£59,950First Sale
4 PRINCESS ROYAL CLOSEDetached, Freehold07 Oct 2009£420,00020.00%
20 Sep 2002£350,000105.88%
14 Oct 1998£170,000First Sale
6 PRINCESS ROYAL CLOSEDetached, Freehold09 Jan 2007£385,000542.20%
12 May 1995£59,950First Sale
2 PRINCESS ROYAL CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1991-199526 May 2005£280,000367.06%
26 Apr 1996£59,950First Sale
3 PRINCESS ROYAL CLOSEDetached, Freehold28 Jun 1995£59,950First Sale

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

PRINCESS ROYAL CLOSE, LN2 5RX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £192,987 median price is £150,000 Standard Deviation is £171,562 with Total Sold: 307
    • The Last 5 Year average price is £355,410 with Total Sold: 50
    • The most recent sale happened at this postcode is , 41 MILMAN ROAD: £264,500 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 22 CURLE AVENUE: £97,000 (Sold on 24 Mar 1995)
  • Terraced
    • The average price is around £94,119 median price is £87,000 Standard Deviation is £71,279 with Total Sold: 1,935
    • The Last 5 Year average price is £160,078 with Total Sold: 319
    • The most recent sale happened at this postcode is , 24 CROMWELL STREET: £125,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 SPA BUILDINGS: £8,000 (Sold on 13 Jan 1995)
  • Detached
    • The average price is around £334,564 median price is £282,000 Standard Deviation is £260,585 with Total Sold: 351
    • The Last 5 Year average price is £582,544 with Total Sold: 51
    • The most recent sale happened at this postcode is , 8 NORTHGATE: £1,000,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 20 LEE ROAD: £90,000 (Sold on 06 Mar 1995)
  • Flat
    • The average price is around £152,906 median price is £145,000 Standard Deviation is £85,216 with Total Sold: 301
    • The Last 5 Year average price is £188,456 with Total Sold: 59
    • The most recent sale happened at this postcode is , 5 GREESTONE MOUNT: £245,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is 1, HURSLEY LODGE NORTHGATE: £54,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £490,458 median price is £285,000 Standard Deviation is £416,796 with Total Sold: 40
    • The Last 5 Year average price is £616,576 with Total Sold: 24
    • The most recent sale happened at this postcode is , 79 - 83 MONKS ROAD: £530,000 (Sold on 19 Feb 2024)
    • The first recorded sale happened at this postcode is , 41A EASTBOURNE STREET: £105,000 (Sold on 07 Dec 2010)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,2502
2023£296,167 £2,675 6
2022£339,233 £2,787 15
2021£320,573 £2,372 12
2020£348,993 £2,182 7
2019£526,332 £2,609 8
2018£307,333 £2,155 12
2017£255,100 £2,380 10
2016£316,429 £1,725 7
2015£268,050 £2,069 10
2014£224,389 £1,982 9
2013£202,188 £1,544 8
2012£250,191 £1,688 7
2011£218,320 £1,789 5
2010£198,400 £1,774 8
2009£213,750 £1,536 4
2008£164,700 £1,481 10
2007£168,619 £1,802 21
2006£153,629 £1,542 17
2005£168,864 £1,552 11
2004£164,900 £1,380 10
2003£147,935 £1,326 12
2002£131,154 £1,009 22
2001£98,591 £800 11
2000£101,486 £565 7
1999£58,870 £531 10
1998£67,812 £510 12
1997£68,174 £575 13
1996£68,091 £408 11
1995£62,050 £581 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,339 £1,592 21
2023£140,792 £1,591 54
2022£188,558 £1,810 86
2021£165,776 £1,835 67
2020£147,564 £1,588 38
2019£136,767 £1,347 53
2018£127,910 £1,386 55
2017£134,887 £1,416 47
2016£133,333 £1,413 59
2015£124,386 £1,355 74
2014£127,657 £1,385 62
2013£99,071 £1,221 43
2012£94,808 £1,087 38
2011£91,858 £1,046 31
2010£106,489 £1,260 41
2009£110,619 £1,232 37
2008£105,129 £1,202 42
2007£126,763 £1,354 76
2006£114,263 £1,228 70
2005£94,050 £1,105 77
2004£96,884 £1,045 94
2003£77,136 £840 106
2002£62,408 £643 113
2001£40,529 £450 114
2000£37,697 £395 68
1999£38,583 £389 92
1998£30,672 £371 68
1997£35,094 £434 94
1996£33,436 £359 58
1995£32,326 £346 57
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,6142
2023£662,000 £3,468 10
2022£564,174 £3,006 13
2021£767,143 £3,297 7
2020£550,176 £2,448 10
2019£375,833 £2,451 9
2018£492,636 £2,692 11
2017£428,731 £2,811 13
2016£577,300 £2,589 10
2015£374,764 £2,186 11
2014£477,432 £2,233 11
2013£369,272 £2,256 9
2012£268,333 £1,795 6
2011£335,038 £1,956 12
2010£349,790 £1,857 7
2009£440,555 £2,108 9
2008£270,933 £2,086 15
2007£434,300 £1,978 20
2006£265,596 £1,860 14
2005£338,238 £2,027 8
2004£318,884 £1,806 22
2003£243,309 £1,811 17
2002£225,577 £1,237 13
2001£232,010 £1,089 13
2000£168,042 £1,030 12
1999£123,118 £684 17
1998£146,423 £570 13
1997£120,423 £767 9
1996£107,521 £643 19
1995£88,989 £738 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,5002
2023£189,571 £2,174 7
2022£202,923 £2,503 13
2021£230,722 £2,461 9
2020£168,797 £2,634 15
2019£148,496 £2,201 13
2018£156,385 £2,417 13
2017£177,955 £2,295 11
2016£176,527 £2,184 15
2015£132,727 £1,930 11
2014£190,900 £2,775 10
2013£127,957 £1,774 9
2012£128,079 £1,571 9
2011£108,450 £2,082 5
2010£136,143 £2,138 7
2009£192,347 £2,336 5
2008£175,255 £2,376 31
2007£168,833 £2,681 28
2006£171,682 £2,481 21
2005£184,218 £2,170 19
2004£58,907 £1,131 8
2003£32,600 £525 5
2002£97,078 £973 6
2001£67,288 £868 4
2000£65,167 £791 3
1999£48,667 £664 3
1998£22,500 £665 1
1997£33,963 £453 6
1996£74,825 £654 6
1995£61,468 £606 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,0001
2023£424,954 £4,137 4
2022£663,333 £2,575 6
2021£879,375 £10,660 8
2020£313,250 £546 4
2019£300,0001
2018£380,674 £4,745 3
2017£506,875 £1,750 4
2016£220,0004
2015£39,000 £520 1
2014£191,000 £2,475 2
2013£245,000 £2,816 1
2010£105,0001

House Type in LN2 5RX area

The most common house types in the LN2 5RX postcode area are Detached (65), Semi-detached (45), and Terraced (15).

Total147
Detached65
Semi-detached45
Terraced15
Shared house8
Flat7
converted building7
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright56
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency28
Social rented: Other social rented17
Shared ownership: Shared ownership5
Private rented: Other private rented3
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN2 5RX have 2 people in household (53), and 1 person in household (49).

2 people in household53
1 person in household49
4 people in household20
3 people in household18
5 people in household6
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0