Housing Market Analysis for VERNON STREET, LN5 7QT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £90,315 median price is £87,500 Standard Deviation is £50,498 with Total Sold: 30
    • The Last 5 Year average price is £142,357 with Total Sold: 7
    • The most recent sale happened at this postcode is 88 VERNON STREET: £85,000 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 68 VERNON STREET: £110,000 (Sold on 05 Jan 2024)
  • Semi-Detached
    • The average price is around £80,862 median price is £75,975 Standard Deviation is £26,241 with Total Sold: 4
    • The most recent sale happened at this postcode is 52 VERNON STREET: £118,500 (Sold on 04 Aug 2008)
    • The first recorded sale happened at this postcode is 86 VERNON STREET: £53,000 (Sold on 25 Jan 2002)
  • Detached
    • The average price is around £34,950 median price is £34,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 58 VERNON STREET: £34,950 (Sold on 13 Mar 1998)
    • The first recorded sale happened at this postcode is 58 VERNON STREET: £34,950 (Sold on 13 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7QT 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
2023£85,000 £850 2
2022£170,500 £1,820 3
2019£205,000 £1,864 1
2017£97,500 £1,147 2
2016£111,750 £1,401 2
2015£118,000 £1,242 1
2014£125,000 £1,389 1
2011£95,000 £1,402 1
2009£69,000 £908 1
2007£110,000 £1,146 1
2005£102,500 £1,234 2
2004£112,500 £1,250 1
2003£78,475 £1,146 2
2002£63,000 £573 1
2001£35,500 £534 2
2000£32,950 £343 1
1999£31,300 £467 1
1998£31,0001
1996£27,500 £410 1
1995£23,125 £296 2
2024£110,000 £1,100 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£118,500 £1,623 1
2007£92,000 £1,260 1
2002£56,475 £665 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£34,9501

All the Sales in the VERNON STREET, LN5 7QT

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

AddressSold DatePrice% Change
88 VERNON STREETTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-192922 Sep 2023£85,0000.0
22 Sep 2023£85,000-29.17%
17 Jun 2005£120,000First Sale
86 VERNON STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-192916 Nov 2022£153,50030.08%
10 Dec 2015£118,000122.64%
25 Jan 2002£53,000First Sale
50 VERNON STREETTerraced, FreeholdArea: 71 Sq.mtrAge: before 190014 Oct 2022£118,00047.50%
02 Jun 2003£80,000193.58%
26 May 1995£27,250First Sale
48 VERNON STREETTerraced, FreeholdArea: 110 Sq.mtrAge: 1900-192915 Sep 2022£240,00017.07%
09 Aug 2019£205,000225.40%
22 Feb 2002£63,000First Sale
82 VERNON STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-192912 Sep 2017£90,000First Sale
70 VERNON STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 190023 Feb 2017£105,000First Sale
68 VERNON STREETTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-192918 Oct 2016£108,500-1.36%
05 Jan 2024£110,000First Sale
56 VERNON STREETTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-192917 Jun 2016£115,00035.29%
04 Nov 2005£85,000126.67%
27 Apr 2001£37,50019.81%
07 Sep 1999£31,30013.82%
23 Oct 1996£27,500First Sale
84 VERNON STREETTerraced, FreeholdArea: 90 Sq.mtrAge: before 190031 Jul 2014£125,00011.11%
06 Sep 2004£112,500First Sale
60 VERNON STREETTerraced, FreeholdArea: 67.74 Sq.mtrAge: 1900-192919 Aug 2011£95,00023.46%
29 Apr 2003£76,950129.70%
26 Feb 2001£33,500First Sale
54 VERNON STREETTerraced, FreeholdArea: 76 Sq.mtrAge: before 190014 May 2009£69,000First Sale
52 VERNON STREETSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1900-192904 Aug 2008£118,50028.80%
03 May 2007£92,00053.46%
21 Jun 2002£59,950First Sale
72 VERNON STREETTerraced, FreeholdArea: 96 Sq.mtrAge: before 190007 Dec 2007£110,000233.84%
29 Sep 2000£32,950First Sale
74 VERNON STREETTerraced, Freehold25 Sep 1998£31,000First Sale
58 VERNON STREETDetached, Freehold13 Mar 1998£34,950First Sale
80 VERNON STREETTerraced, FreeholdArea: 91 Sq.mtrAge: 1900-192903 May 1995£19,000First Sale

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

VERNON STREET, LN5 7QT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £86,659 median price is £86,000 Standard Deviation is £64,757 with Total Sold: 2,865
    • The Last 5 Year average price is £139,753 with Total Sold: 458
    • 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 £96,650 median price is £94,234 Standard Deviation is £49,057 with Total Sold: 484
    • The Last 5 Year average price is £159,631 with Total Sold: 76
    • 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 £97,161 median price is £100,000 Standard Deviation is £37,744 with Total Sold: 595
    • The Last 5 Year average price is £112,350 with Total Sold: 116
    • 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 £130,950 median price is £111,625 Standard Deviation is £113,246 with Total Sold: 169
    • The Last 5 Year average price is £260,908 with Total Sold: 39
    • 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 £880,165 median price is £181,250 Standard Deviation is £3,078,063 with Total Sold: 90
    • The Last 5 Year average price is £1,070,118 with Total Sold: 49
    • 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£128,929 £1,729 40
2023£144,235 £1,721 82
2022£149,098 £1,808 96
2021£166,228 £1,852 80
2020£117,482 £1,482 62
2019£123,746 £1,544 98
2018£118,675 £1,484 82
2017£121,912 £1,498 94
2016£120,711 £1,507 109
2015£107,639 £1,373 97
2014£105,520 £1,456 83
2013£98,560 £1,238 55
2012£96,548 £1,153 52
2011£93,003 £1,091 78
2010£94,843 £1,154 59
2009£101,616 £1,236 47
2008£102,645 £1,357 56
2007£112,325 £1,366 124
2006£99,497 £1,320 143
2005£96,520 £1,224 74
2004£95,346 £1,200 109
2003£74,913 £954 166
2002£56,682 £701 180
2001£45,739 £572 158
2000£35,476 £464 119
1999£36,117 £443 136
1998£32,348 £395 105
1997£32,392 £398 98
1996£31,298 £405 91
1995£30,416 £373 92
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,000 £2,717 3
2023£184,732 £2,372 15
2022£155,562 £2,061 16
2021£165,667 £2,263 15
2020£132,500 £1,701 13
2019£159,036 £1,946 14
2018£142,400 £1,908 18
2017£137,950 £1,923 10
2016£137,623 £1,932 11
2015£116,907 £1,573 7
2014£115,292 £1,599 12
2013£103,000 £1,748 5
2012£105,400 £1,364 10
2011£100,746 £1,397 8
2010£103,550 £1,594 10
2009£108,197 £1,574 15
2008£112,868 £1,390 19
2007£112,891 £1,584 22
2006£128,029 £1,691 19
2005£111,848 £1,649 20
2004£99,343 £1,344 30
2003£86,174 £1,180 17
2002£61,357 £818 25
2001£48,996 £805 23
2000£43,519 £717 23
1999£44,129 £687 19
1998£39,327 £605 11
1997£46,769 £604 34
1996£43,167 £634 23
1995£40,944 £431 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£133,100 £1,585 5
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£87,893 £1,596 21
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£71,917 £1,486 6
2009£94,446 £1,813 7
2008£98,061 £1,692 28
2007£124,295 £2,053 76
2006£112,726 £1,946 98
2005£88,063 £1,658 15
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£200,000 £2,598 6
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£116,000 £1,704 6
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£114,889 £1,888 5
2005£177,650 £1,969 3
2004£125,794 £2,204 8
2003£114,800 £1,709 5
2002£79,400 £984 9
2001£76,908 £985 10
2000£55,519 £865 13
1999£45,243 £700 7
1998£33,612 £878 4
1997£44,579 £636 12
1996£48,875 £758 6
1995£40,894 £611 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,833 £2,524 6
2023£3,288,814 £2,540 9
2022£276,936 £2,158 11
2021£252,556 £2,198 9
2020£91,100 £1,550 3
2019£1,419,898 £6,079 11
2018£316,154 £2,433 13
2017£1,313,303 £3,350 12
2016£518,800 £2,269 5
2015£394,8085
2014£159,175 £1,432 4
2013£852,350 £1,429 2

House Type in LN5 7QT area

The most common house types in the LN5 7QT postcode area are Terraced (119), Semi-detached (9), and Flat (6).

Total139
Terraced119
Semi-detached9
Flat6
Detached3
Shared house2
converted building0
commercial 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 (82), and Owned: Owns outright (27).

Private rented: Private landlord or letting agency82
Owned: Owns outright27
Owned: Owns with a mortgage or loan23
Private rented: Other private rented5
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN5 7QT have 2 people in household (35), and 1 person in household (34).

2 people in household35
1 person in household34
3 people in household31
4 people in household21
5 people in household14
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0