Housing Market Analysis for GEORGE STREET, LN5 8LG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £227,500 median price is £200,000 Standard Deviation is £119,859 with Total Sold: 7
    • The Last 5 Year average price is £238,000 with Total Sold: 5
    • The most recent sale happened at this postcode is UNIT 3 GEORGE STREET: £200,000 (Sold on 31 Aug 2021)
    • The first recorded sale happened at this postcode is UNIT 5, VULCAN PARK GEORGE STREET: £162,500 (Sold on 30 Sep 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8LG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£200,0001
2020£247,5004
2016£240,0001
2015£162,5001

All the Sales in the GEORGE STREET, LN5 8LG

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

AddressSold DatePrice% Change
UNIT 3 GEORGE STREETOther, Freehold31 Aug 2021£200,00060.00%
01 Jun 2020£125,000First Sale
12 GEORGE STREETOther, Freehold07 Sep 2020£240,0000.0
17 May 2016£240,000First Sale
5 GEORGE STREETOther, Freehold01 Jun 2020£125,000First Sale
SILVERBIRCH PARK GEORGE STREETOther, Freehold19 May 2020£500,000First Sale
UNIT 5, VULCAN PARK GEORGE STREETOther, Freehold30 Sep 2015£162,500First Sale

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

GEORGE STREET, LN5 8LG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £69,809 median price is £69,950 Standard Deviation is £36,719 with Total Sold: 172
    • The Last 5 Year average price is £115,344 with Total Sold: 26
    • The most recent sale happened at this postcode is , 3 BENTINCK SQUARE: £150,000 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 5 ASHFIELD STREET: £27,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £50,181 median price is £52,500 Standard Deviation is £29,040 with Total Sold: 30
    • The Last 5 Year average price is £107,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 158 CANNON STREET: £100,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is , 210 CANNON STREET: £19,000 (Sold on 18 Apr 1996)
  • Semi-Detached
    • The average price is around £76,615 median price is £80,000 Standard Deviation is £40,829 with Total Sold: 17
    • The Last 5 Year average price is £84,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 LYTTON STREET: £87,500 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 19 EASTFIELD STREET: £31,950 (Sold on 29 Mar 1996)
  • Other
    • The average price is around £1,400,041 median price is £370,000 Standard Deviation is £2,423,804 with Total Sold: 22
    • The Last 5 Year average price is £608,814 with Total Sold: 14
    • The most recent sale happened at this postcode is COUNTY DOORS, THE OLD BOTTLE YARD GREAT NORTHERN TERRACE: £10,000 (Sold on 08 Dec 2022)
    • The first recorded sale happened at this postcode is , ENTERPRISE HOUSE WITHAM PARK: £8,200,000 (Sold on 21 Oct 2014)
  • Detached
    • The average price is around £121,900 median price is £105,000 Standard Deviation is £73,932 with Total Sold: 4
    • The most recent sale happened at this postcode is , CEMETERY LODGE CANWICK ROAD: £230,100 (Sold on 23 Mar 2018)
    • The first recorded sale happened at this postcode is , 42 WINN STREET: £60,000 (Sold on 12 Feb 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£112,875 £1,410 8
2022£130,000 £1,635 5
2021£118,167 £1,789 3
2020£103,833 £1,384 3
2019£104,992 £1,338 6
2018£122,833 £1,414 6
2017£97,190 £1,231 5
2016£91,400 £1,183 5
2015£88,333 £945 3
2014£86,492 £1,081 6
2013£86,750 £1,083 6
2012£82,100 £1,004 5
2011£65,500 £1,012 2
2010£68,850 £1,043 2
2009£60,000 £938 1
2008£74,340 £1,125 5
2007£85,300 £1,139 8
2006£85,550 £1,165 10
2005£73,333 £1,114 3
2004£72,488 £960 13
2003£59,290 £742 11
2002£43,193 £535 7
2001£30,931 £419 8
2000£24,041 £301 8
1999£26,083 £407 9
1998£26,000 £387 3
1997£24,900 £366 11
1996£23,000 £354 3
1995£27,108 £401 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,000 £1,213 1
2022£115,000 £1,198 1
2018£68,500 £1,101 2
2016£69,500 £1,139 2
2011£59,250 £721 2
2009£55,000 £686 1
2008£125,000 £1,389 1
2007£73,000 £948 1
2006£63,500 £1,374 1
2005£45,195 £887 3
2004£41,000 £1,295 2
2003£40,488 £487 4
2002£24,000 £522 1
2001£29,250 £328 2
1999£22,475 £378 2
1998£20,000 £208 1
1997£22,000 £274 1
1996£15,220 £326 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£89,500 £1,271 2
2020£75,000 £893 1
2018£180,5001
2014£145,0001
2008£80,0001
2007£89,667 £1,373 3
2006£80,000 £991 1
2005£80,000 £741 1
2003£70,000 £1,111 1
2000£28,500 £410 2
1999£39,000 £565 1
1996£23,975 £370 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£10,0001
2021£662,280 £10,221 5
2020£274,5717
2019£3,280,0001
2018£3,423,3333
2016£1,215,0003
2015£162,5001
2014£8,200,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£230,1001
2009£150,0001
1999£47,5001
1997£60,0001

House Type in LN5 8LG area

The most common house types in the LN5 8LG postcode area are Flat (91), converted building (25), and Terraced (22).

Total176
Flat91
converted building25
Terraced22
Shared house14
Semi-detached12
Detached6
commercial building6
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (84), and Private rented: Private landlord or letting agency (67).

Social rented: Other social rented84
Private rented: Private landlord or letting agency67
Owned: Owns outright12
Social rented: Rents from council or Local Authority8
Private rented: Other private rented7
Owned: Owns with a mortgage or loan1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 8LG have 1 person in household (123), and 2 people in household (31).

1 person in household123
2 people in household31
3 people in household9
4 people in household8
7 people in household3
6 people in household2
5 people in household1
0 people in household0
8 or more people in household0