Housing Market Analysis for VERNON STREET, LN5 7PQ

Are you looking to understand LN5 7PQ 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 LN5 7PQ area, explore the LN5 7PQ Area information page.
For comprehensive crime statistics in the LN5 7PQ area, explore the LN5 7PQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 7PQ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £156,000 median price is £150,000 Standard Deviation is £28,531 with Total Sold: 5
    • The Last 5 Year average price is £175,000 with Total Sold: 1
    • The most recent sale happened at this postcode is APARTMENT 6, MILL VIEW COURT VERNON STREET: £110,000 (Sold on 19 Dec 2012)
    • The first recorded sale happened at this postcode is APARTMENT 7, MILL VIEW COURT VERNON STREET: £175,000 (Sold on 12 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7PQ 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
2012£110,000 £1,296 1
2007£165,000 £1,994 3
2024£175,0001

All the Sales in the VERNON STREET, LN5 7PQ

See the table below for more details on the sold house prices in the LN5 7PQ, Lincoln postcode.

AddressSold DatePrice% Change
APARTMENT 6, MILL VIEW COURT VERNON STREETFlat, LeaseholdArea: 84.87 Sq.mtrAge: 2003-200619 Dec 2012£110,000-43.59%
09 Nov 2007£195,000First Sale
APARTMENT 5, MILL VIEW COURT VERNON STREETFlat, LeaseholdArea: 78.1 Sq.mtrAge: 2003-200622 Jul 2007£150,000First Sale
APARTMENT 4, MILL VIEW COURT VERNON STREETFlat, LeaseholdArea: 85 Sq.mtrAge: 2003-200604 Jul 2007£150,000First Sale
APARTMENT 7, MILL VIEW COURT VERNON STREETFlat, Leasehold12 Jul 2024£175,000First Sale

Check out the sold house prices near the LN5 7PQ postcode. Properties currently for saleProperties currently for rent

VERNON STREET, LN5 7PQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 7PQ 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 LN5 7PQ postcode.

  • Terraced
    • The average price is around £84,033 median price is £84,500 Standard Deviation is £61,025 with Total Sold: 3,663
    • The Last 5 Year average price is £136,100 with Total Sold: 574
    • The most recent sale happened at this postcode is , 12 SHAKESPEARE STREET: £75,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 23 SIBTHORP STREET: £20,000 (Sold on 09 Jan 1995)
  • Semi-Detached
    • The average price is around £94,257 median price is £91,750 Standard Deviation is £48,069 with Total Sold: 498
    • The Last 5 Year average price is £156,853 with Total Sold: 75
    • The most recent sale happened at this postcode is , 8 ST MATTHEWS CLOSE: £195,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 RAILWAY PARK CLOSE: £43,750 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £97,078 median price is £100,000 Standard Deviation is £37,650 with Total Sold: 602
    • The Last 5 Year average price is £112,057 with Total Sold: 117
    • The most recent sale happened at this postcode is APARTMENT 7, MILL VIEW COURT VERNON STREET: £175,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 46A BOULTHAM PARK ROAD: £20,500 (Sold on 29 Jun 1995)
  • Detached
    • The average price is around £131,175 median price is £111,812 Standard Deviation is £113,331 with Total Sold: 172
    • The Last 5 Year average price is £260,010 with Total Sold: 40
    • The most recent sale happened at this postcode is , 73 SMITH STREET: £140,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 18 MONSON STREET: £27,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £449,944 median price is £177,500 Standard Deviation is £835,867 with Total Sold: 92
    • The Last 5 Year average price is £535,898 with Total Sold: 51
    • The most recent sale happened at this postcode is , 51 - 52 HIGH STREET: £375,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , SUPERSTORE DIXON STREET: £1,604,700 (Sold on 12 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,817 £1,729 43
2023£139,927 £1,728 103
2022£145,656 £1,780 118
2021£156,319 £1,832 108
2020£118,461 £1,491 78
2019£119,491 £1,499 124
2018£119,718 £1,482 107
2017£116,485 £1,448 117
2016£115,888 £1,469 132
2015£105,921 £1,366 115
2014£103,052 £1,418 105
2013£94,876 £1,212 75
2012£92,050 £1,135 68
2011£88,924 £1,066 97
2010£93,038 £1,144 72
2009£96,392 £1,199 55
2008£100,669 £1,332 74
2007£109,035 £1,336 153
2006£98,728 £1,307 180
2005£92,693 £1,198 107
2004£92,213 £1,203 163
2003£76,037 £965 207
2002£56,428 £705 216
2001£43,837 £554 205
2000£34,785 £465 158
1999£34,580 £434 180
1998£31,075 £393 136
1997£31,637 £392 129
1996£30,229 £400 122
1995£29,937 £376 116
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,000 £2,717 3
2023£184,732 £2,372 15
2022£146,733 £2,019 15
2021£162,812 £2,222 16
2020£132,500 £1,701 13
2019£155,885 £1,939 13
2018£142,400 £1,908 18
2017£130,300 £1,939 10
2016£133,385 £1,900 10
2015£115,558 £1,574 6
2014£115,292 £1,599 12
2013£99,333 £1,678 6
2012£100,100 £1,358 10
2011£95,097 £1,324 10
2010£103,550 £1,594 10
2009£108,197 £1,574 15
2008£112,868 £1,390 19
2007£111,567 £1,560 23
2006£123,210 £1,659 21
2005£111,848 £1,649 20
2004£94,782 £1,304 33
2003£85,137 £1,168 19
2002£60,106 £797 27
2001£48,204 £783 24
2000£43,519 £717 23
1999£43,372 £671 20
1998£39,162 £583 13
1997£46,769 £604 34
1996£42,244 £623 24
1995£40,691 £431 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,917 £1,585 6
2023£107,555 £1,795 18
2022£118,755 £1,742 38
2021£112,042 £1,864 34
2020£97,833 £1,742 9
2019£102,375 £1,668 12
2018£108,822 £1,684 20
2017£115,400 £1,825 21
2016£104,889 £1,704 14
2015£90,615 £1,581 24
2014£90,861 £1,570 18
2013£95,015 £1,410 13
2012£95,146 £1,559 13
2011£85,875 £1,245 4
2010£65,929 £1,486 7
2009£94,446 £1,813 7
2008£98,061 £1,692 28
2007£124,295 £2,053 76
2006£112,698 £1,946 99
2005£87,778 £1,619 16
2004£95,136 £1,430 18
2003£65,991 £1,095 12
2002£76,623 £1,026 13
2001£44,150 £712 16
2000£45,800 £709 25
1999£34,945 £509 13
1998£29,833 £519 3
1997£37,222 £475 8
1996£38,417 £456 6
1995£30,568 £483 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£263,857 £3,092 18
2022£481,998 £2,277 5
2021£203,571 £2,414 7
2020£166,667 £1,742 3
2019£196,000 £2,520 6
2018£185,333 £2,153 3
2017£133,975 £2,135 2
2016£148,500 £2,339 2
2015£159,950 £2,463 1
2014£138,000 £1,693 6
2012£117,200 £1,759 5
2011£90,000 £2,093 1
2010£101,475 £1,637 2
2009£142,999 £1,328 6
2008£138,667 £2,079 3
2007£135,456 £1,759 8
2006£137,408 £1,800 6
2005£177,650 £1,969 3
2004£125,794 £2,204 8
2003£103,733 £1,709 6
2002£79,400 £984 9
2001£69,340 £834 12
2000£55,519 £865 13
1999£45,243 £700 7
1998£33,612 £878 4
1997£44,579 £636 12
1996£49,660 £758 5
1995£40,894 £611 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,833 £2,524 6
2023£399,916 £2,540 8
2022£134,630 £2,158 10
2021£408,455 £5,255 11
2020£209,660 £1,550 5
2019£1,419,898 £6,079 11
2018£296,425 £2,100 14
2017£350,876 £3,350 11
2016£444,000 £2,269 6
2015£262,2604
2014£159,175 £1,432 4
2013£852,350 £1,429 2

House Type in LN5 7PQ area

The most common house types in the LN5 7PQ postcode area are Terraced (98), Flat (32), and Semi-detached (20).

Total182
Terraced98
Flat32
Semi-detached20
commercial building13
Shared house10
converted building5
Detached4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (129), and Owned: Owns with a mortgage or loan (24).

Private rented: Private landlord or letting agency129
Owned: Owns with a mortgage or loan24
Owned: Owns outright23
Social rented: Other social rented3
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 7PQ have 1 person in household (72), and 2 people in household (67).

1 person in household72
2 people in household67
3 people in household29
4 people in household8
5 people in household4
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0