Housing Market Analysis for SPENCER STREET, LN5 8HW

Are you looking to understand LN5 8HW 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 8HW area, explore the LN5 8HW Area information page.
For comprehensive crime statistics in the LN5 8HW area, explore the LN5 8HW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 8HW postcode area, The average prices are as follows,

  • Flat
    • The average price is around £105,279 median price is £104,995 Standard Deviation is £15,905 with Total Sold: 8
    • The Last 5 Year average price is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, SPENCER COURT SPENCER STREET: £88,000 (Sold on 30 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 3, SPENCER COURT SPENCER STREET: £102,000 (Sold on 08 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8HW 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
2023£95,000 £1,231 2
2017£77,000 £1,571 1
2007£117,6472
2006£113,313 £2,143 3

All the Sales in the SPENCER STREET, LN5 8HW

See the table below for more details on the sold house prices in the LN5 8HW, Lincoln postcode.

AddressSold DatePrice% Change
FLAT 4, SPENCER COURT SPENCER STREETFlat, LeaseholdArea: 71.68 Sq.mtrAge: 2003-200630 Mar 2023£88,000First Sale
FLAT 6, SPENCER COURT SPENCER STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 2007 onwards18 Sep 2017£77,000-26.66%
04 Aug 2006£104,995First Sale
FLAT 2, SPENCER COURT, 23 SPENCER STREETFlat, Leasehold17 Aug 2007£117,648First Sale
FLAT 1, SPENCER COURT, 23 SPENCER STREETFlat, Leasehold17 Aug 2007£117,646First Sale
FLAT 3, SPENCER COURT, 23 SPENCER STREETFlat, Leasehold13 Nov 2006£129,950First Sale
FLAT 4, SPENCER COURT, 23 SPENCER STREETFlat, Leasehold04 Aug 2006£104,995First Sale
FLAT 3, SPENCER COURT SPENCER STREETFlat, LeaseholdArea: 82.6 Sq.mtrAge: 2003-200608 Dec 2023£102,000First Sale

Check out the sold house prices near the LN5 8HW postcode. Properties currently for saleProperties currently for rent

SPENCER STREET, LN5 8HW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 8HW 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 8HW postcode.

  • Terraced
    • The average price is around £82,369 median price is £83,500 Standard Deviation is £43,569 with Total Sold: 3,105
    • The Last 5 Year average price is £130,542 with Total Sold: 494
    • 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 , 12 SOUTH PARK: £27,500 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £84,145 median price is £77,000 Standard Deviation is £33,703 with Total Sold: 229
    • The Last 5 Year average price is £108,586 with Total Sold: 35
    • The most recent sale happened at this postcode is , 46 BARGATE: £75,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT, 97 DIXON STREET: £26,000 (Sold on 26 Jul 1995)
  • Detached
    • The average price is around £131,294 median price is £125,000 Standard Deviation is £78,975 with Total Sold: 144
    • The Last 5 Year average price is £227,964 with Total Sold: 18
    • 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 , 35 MARJORIE AVENUE: £57,950 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £381,533 median price is £190,000 Standard Deviation is £447,432 with Total Sold: 63
    • The Last 5 Year average price is £359,089 with Total Sold: 36
    • 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 , 67 ST BOTOLPHS CRESCENT: £100,000 (Sold on 01 Nov 2013)
  • Semi-Detached
    • The average price is around £110,450 median price is £102,000 Standard Deviation is £66,311 with Total Sold: 400
    • The Last 5 Year average price is £187,712 with Total Sold: 65
    • The most recent sale happened at this postcode is , 4 HAMILTON ROAD: £374,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , 10 BISHOP KING COURT: £45,250 (Sold on 01 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,284 £1,779 40
2023£144,534 £1,681 91
2022£141,716 £1,748 98
2021£135,506 £1,630 97
2020£115,580 £1,419 71
2019£112,220 £1,447 97
2018£117,977 £1,432 103
2017£116,402 £1,466 99
2016£115,540 £1,423 112
2015£103,800 £1,347 100
2014£101,708 £1,286 85
2013£95,683 £1,183 58
2012£92,163 £1,122 67
2011£83,191 £1,018 62
2010£85,918 £1,109 63
2009£89,739 £1,114 48
2008£94,848 £1,276 62
2007£104,073 £1,277 133
2006£95,524 £1,250 145
2005£93,014 £1,177 108
2004£91,698 £1,187 129
2003£74,525 £969 175
2002£55,821 £708 180
2001£42,450 £563 182
2000£35,383 £440 151
1999£33,928 £435 162
1998£31,390 £403 103
1997£32,232 £399 103
1996£29,359 £408 85
1995£29,927 £379 96
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£106,500 £1,423 3
2023£109,062 £1,686 8
2022£110,900 £1,945 5
2021£112,333 £1,909 15
2020£92,250 £1,793 4
2018£114,444 £2,049 9
2017£67,420 £2,210 49
2016£65,000 £1,413 1
2015£94,611 £1,357 9
2014£77,700 £1,549 5
2013£96,492 £1,314 12
2012£75,806 £1,610 8
2011£58,500 £1,198 1
2010£94,000 £1,958 1
2009£98,812 £1,104 4
2008£103,450 £2,748 20
2007£102,522 £1,573 11
2006£103,413 £1,698 7
2005£74,636 £1,438 11
2004£101,300 £1,853 5
2003£92,790 £1,791 5
2002£72,500 £1,131 6
2001£53,658 £860 6
2000£51,031 £791 16
1999£22,983 £466 3
1998£34,750 £606 2
1995£31,333 £590 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£333,338 £3,223 4
2022£240,000 £2,308 2
2021£182,400 £2,492 5
2020£237,000 £1,879 2
2019£191,000 £2,670 4
2018£184,500 £2,070 4
2017£194,575 £2,079 6
2016£148,983 £1,962 3
2015£126,908 £1,911 6
2014£155,118 £1,821 8
2013£187,000 £1,206 1
2012£119,000 £1,813 3
2011£136,650 £1,938 3
2010£238,000 £1,086 1
2009£172,000 £1,223 4
2008£176,695 £1,821 5
2007£169,036 £2,586 7
2006£107,832 £1,441 3
2005£170,667 £2,107 3
2004£155,840 £1,091 10
2003£132,167 £2,104 3
2002£103,000 £994 9
2001£83,897 £829 9
2000£50,533 £963 9
1999£62,588 £706 8
1998£44,250 £484 6
1997£43,990 £772 5
1996£53,657 £740 7
1995£70,817 £804 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,750 £2,524 4
2023£507,521 £4,116 10
2022£140,286 £2,729 7
2021£459,778 £6,838 9
2019£249,500 £789 6
2018£208,437 £2,386 8
2017£389,126 £3,350 9
2016£870,612 £10,938 5
2015£1,040,0001
2014£148,900 £1,432 3
2013£100,000 £1,429 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,8333
2023£178,056 £1,949 9
2022£193,672 £2,145 16
2021£200,433 £1,898 15
2020£182,077 £1,911 13
2019£162,667 £1,725 9
2018£139,913 £1,686 15
2017£143,958 £1,621 12
2016£143,475 £2,013 4
2015£161,025 £1,462 12
2014£142,818 £1,516 11
2013£144,917 £1,429 6
2012£124,143 £1,082 7
2011£99,000 £1,309 6
2010£122,111 £1,260 9
2009£118,750 £1,518 12
2008£122,954 £1,364 12
2007£134,789 £1,481 23
2006£123,464 £1,435 18
2005£117,504 £1,448 16
2004£95,020 £1,241 27
2003£77,473 £1,262 11
2002£79,535 £803 26
2001£55,573 £720 24
2000£42,897 £722 15
1999£39,500 £615 18
1998£55,092 £555 13
1997£40,764 £550 11
1996£42,400 £654 10
1995£45,782 £462 17

House Type in LN5 8HW area

The most common house types in the LN5 8HW postcode area are Terraced (76), Flat (32), and Detached (14).

Total144
Terraced76
Flat32
Detached14
Semi-detached14
converted building3
commercial building3
Shared house2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (57), and Owned: Owns with a mortgage or loan (37).

Private rented: Private landlord or letting agency57
Owned: Owns with a mortgage or loan37
Owned: Owns outright26
Social rented: Rents from council or Local Authority22
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 8HW have 1 person in household (55), and 2 people in household (44).

1 person in household55
2 people in household44
3 people in household22
4 people in household16
5 people in household5
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0