Housing Market Analysis for ALBANY TERRACE, LN5 8QW

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

Overview of Sold House prices

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

Terraced
- The average price is around £67,784 median price is £75,000 Standard Deviation is £29,903 with Total Sold: 71
- The Last 5 Year average price is £98,585 with Total Sold: 13
- The most recent sale happened at this postcode is 23 ALBANY TERRACE: £140,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is 4 ALBANY TERRACE: £82,000 (Sold on 05 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8QW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,000	£1,390	3
2023	£93,500	£1,633	2
2021	£91,720	£1,520	5
2020	£89,000	£1,535	1
2019	£93,500	£1,579	2
2018	£101,333	£1,545	3
2017	£87,667	£1,506	3
2016	£78,333	£1,358	3
2015	£79,290	£1,252	5
2013	£74,500	£1,263	2
2010	£90,000	£1,184	1
2009	£55,000	£967	1
2008	£81,000	£1,194	2
2007	£84,133	£1,436	3
2006	£84,850	£1,364	5
2005	£76,817	£1,300	3
2004	£66,500	£1,157	2
2003	£54,470	£932	5
2002	£35,700	£609	7
2001	£29,938	£469	4
2000	£18,750	£252	4
1999	£24,500	£371	2
1996	£25,250	£433	2
1995	£20,000	£351	1

All the Sales in the ALBANY TERRACE, LN5 8QW

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

Address	Sold Date	Price	% Change
23 ALBANY TERRACETerraced, Freehold	29 Feb 2024	£140,000	1.45%
	29 Feb 2024	£138,000	20.00%
	11 Jul 2018	£115,000	25.68%
	27 Nov 2015	£91,500	1.67%
	09 Mar 2010	£90,000	0.0
	26 Sep 2008	£90,000	4.65%
	20 Jan 2006	£86,000	132.43%
	09 Apr 2001	£37,000	146.67%
	15 Dec 2000	£15,000	First Sale
16 ALBANY TERRACETerraced, FreeholdArea: 57.56 Sq.mtrAge: 1900-1929	09 Jun 2023	£85,000	19.72%
	28 May 2004	£71,000	24.67%
	31 Mar 2003	£56,950	42.38%
	31 May 2002	£40,000	110.53%
	24 Jan 2002	£19,000	-5.00%
	27 Jun 1995	£20,000	First Sale
14 ALBANY TERRACETerraced, FreeholdArea: 59 Sq.mtrAge: 1900-1929	30 Nov 2021	£67,000	First Sale
6 ALBANY TERRACETerraced, FreeholdArea: 64.4 Sq.mtrAge: before 1900	18 Oct 2021	£90,000	55.17%
	03 Dec 2015	£58,000	329.63%
	07 Jan 2000	£13,500	First Sale
11 ALBANY TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	08 Oct 2021	£120,500	26.84%
	25 Aug 2017	£95,000	11.76%
	29 Jun 2016	£85,000	1.19%
	22 Sep 2006	£84,000	257.45%
	28 Jun 2001	£23,500	9.30%
	19 May 1999	£21,500	First Sale
7 ALBANY TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: before 1900	05 May 2021	£85,100	First Sale
19 ALBANY TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	12 Mar 2021	£96,000	First Sale
22 ALBANY TERRACETerraced, FreeholdArea: 57.98 Sq.mtrAge: before 1900	28 Sep 2020	£89,000	23.61%
	17 May 2013	£72,000	-15.29%
	23 Aug 2006	£85,000	37.10%
	30 Jan 2004	£62,000	First Sale
15 ALBANY TERRACETerraced, FreeholdArea: 60.43 Sq.mtrAge: 1900-1929	21 Jun 2019	£95,000	11.83%
	04 Dec 2007	£84,950	165.88%
	22 Nov 2001	£31,950	First Sale
12 ALBANY TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-1929	19 Jun 2019	£92,000	First Sale
10 ALBANY TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: before 1900	20 Jul 2018	£82,000	5.13%
	30 Jun 2017	£78,000	271.43%
	12 Jan 2000	£21,000	First Sale
17 ALBANY TERRACETerraced, FreeholdArea: 61 Sq.mtrAge: before 1900	22 Feb 2018	£107,000	12.69%
	24 Jul 2015	£94,950	42.89%
	17 Jun 2005	£66,450	First Sale
8 ALBANY TERRACETerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	01 Dec 2017	£90,000	0.06%
	09 Feb 2007	£89,950	1.07%
	20 May 2005	£89,000	134.21%
	07 Nov 2003	£38,000	31.03%
	06 Jun 2002	£29,000	First Sale
5 ALBANY TERRACETerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	30 Sep 2016	£78,000	1.30%
	07 Jul 2015	£77,000	-24.51%
	18 Dec 2023	£102,000	First Sale
20 ALBANY TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: before 1900	02 Mar 2016	£72,000	20.10%
	29 Aug 2003	£59,950	57.76%
	26 Apr 2002	£38,000	First Sale
9 ALBANY TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-1929	25 Feb 2015	£75,000	-2.60%
	12 Aug 2013	£77,000	2.67%
	15 Dec 2005	£75,000	74.42%
	20 Aug 2002	£43,000	86.96%
	12 Aug 1996	£23,000	First Sale
1 ALBANY TERRACETerraced, FreeholdArea: 56.9 Sq.mtrAge: 1900-1929	04 Sep 2009	£55,000	-29.03%
	17 Dec 2007	£77,500	181.82%
	28 Jun 1996	£27,500	First Sale
24 ALBANY TERRACETerraced, FreeholdArea: 59.8 Sq.mtrAge: 1900-1929	24 Oct 2008	£72,000	-14.54%
	20 Oct 2006	£84,250	46.52%
	04 Mar 2003	£57,500	37.07%
	24 May 2002	£41,950	First Sale
18 ALBANY TERRACETerraced, Freehold	22 Nov 2006	£85,000	First Sale
21 ALBANY TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-1929	15 Dec 2003	£59,950	53.92%
	28 Mar 2002	£38,950	First Sale
3 ALBANY TERRACETerraced, Freehold	15 Jun 2001	£27,300	7.06%
3 ALBANY TERRACETerraced, Freehold	02 Mar 2000	£25,500	First Sale
2 ALBANY TERRACETerraced, Freehold	07 Jul 1999	£27,500	First Sale
4 ALBANY TERRACETerraced, FreeholdArea: 59 Sq.mtrAge: before 1900	05 Mar 2024	£82,000	First Sale

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

ALBANY TERRACE, LN5 8QW Near By properties

Interactive Map

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

Terraced
- The average price is around £78,152 median price is £81,500 Standard Deviation is £36,691 with Total Sold: 1,185
- The Last 5 Year average price is £118,426 with Total Sold: 217
- The most recent sale happened at this postcode is , 151 NEWARK ROAD: £128,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 311 - 313 NEWARK ROAD: £20,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £181,913 median price is £154,000 Standard Deviation is £134,817 with Total Sold: 109
- The Last 5 Year average price is £248,636 with Total Sold: 18
- The most recent sale happened at this postcode is , 43 BRANT ROAD: £176,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 10 ROOKERY LANE: £53,000 (Sold on 23 Feb 1996)
Flat
- The average price is around £107,277 median price is £100,000 Standard Deviation is £51,029 with Total Sold: 161
- The Last 5 Year average price is £101,505 with Total Sold: 49
- The most recent sale happened at this postcode is , 70 FAIRFAX STREET: £81,500 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is 4, LEXINGTON HOUSE NEWARK ROAD: £16,500 (Sold on 17 May 2000)
Semi-Detached
- The average price is around £103,738 median price is £100,000 Standard Deviation is £50,926 with Total Sold: 358
- The Last 5 Year average price is £160,667 with Total Sold: 63
- The most recent sale happened at this postcode is , 36 FAIRFAX STREET: £195,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 258 NEWARK ROAD: £32,750 (Sold on 28 Feb 1995)
Other
- The average price is around £923,339 median price is £310,000 Standard Deviation is £1,533,063 with Total Sold: 18
- The Last 5 Year average price is £1,342,011 with Total Sold: 9
- The most recent sale happened at this postcode is THE OLD BARN, REAR OF 285 NEWARK ROAD: £320,000 (Sold on 11 Nov 2022)
- The first recorded sale happened at this postcode is , GROSVENOR HALL NURSING HOME NEWARK ROAD: £1,000,000 (Sold on 21 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,917	£1,728	12
2023	£123,889	£1,731	27
2022	£122,682	£1,825	44
2021	£121,440	£1,720	45
2020	£123,214	£1,674	36
2019	£103,244	£1,538	53
2018	£99,674	£1,410	42
2017	£103,824	£1,433	42
2016	£93,027	£1,265	44
2015	£94,180	£1,293	50
2014	£100,301	£1,280	43
2013	£81,633	£1,199	30
2012	£75,810	£1,298	15
2011	£67,966	£931	10
2010	£75,439	£1,026	19
2009	£76,545	£1,081	11
2008	£88,275	£1,227	16
2007	£95,770	£1,395	63
2006	£93,016	£1,299	81
2005	£90,498	£1,316	56
2004	£73,063	£1,081	48
2003	£62,719	£944	83
2002	£43,833	£670	55
2001	£33,593	£506	55
2000	£30,561	£446	46
1999	£27,070	£366	36
1998	£28,608	£401	29
1997	£26,347	£368	26
1996	£27,210	£381	37
1995	£25,390	£350	31

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,750		2
2023	£226,667	£2,120	3
2022	£191,667	£2,491	3
2021	£326,992	£2,655	6
2020	£235,000	£1,679	1
2019	£227,333	£2,310	3
2018	£227,500	£2,125	2
2017	£273,500	£1,890	5
2016	£230,083	£1,917	6
2015	£184,000	£1,921	7
2014	£140,000	£1,176	3
2013	£182,333	£1,332	3
2012	£114,612	£1,219	4
2011	£147,000	£1,564	1
2010	£135,000		1
2009	£107,725	£1,346	2
2008	£233,000	£1,965	4
2007	£328,325	£1,431	6
2006	£258,119	£1,372	8
2005	£144,000	£1,387	4
2004	£118,699	£1,426	5
2003	£233,000	£983	3
2002	£85,179	£870	6
2001	£72,950		1
2000	£67,875	£366	4
1999	£49,710	£654	5
1998	£166,125		4
1997	£48,500	£299	3
1996	£47,438	£376	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,583		6
2023	£109,750	£1,729	6
2022	£101,453	£1,817	16
2021	£97,875	£1,685	8
2020	£98,667	£1,646	6
2019	£93,357	£1,525	7
2018	£94,000	£1,703	2
2017	£205,000	£1,410	3
2016	£92,125	£1,516	4
2015	£88,607	£1,718	7
2014	£77,975	£1,690	2
2013	£95,050	£1,425	9
2012	£490,000	£1,122	1
2011	£70,132	£1,502	2
2010	£76,500	£1,319	1
2009	£139,000	£1,960	1
2008	£145,250		4
2007	£132,689	£2,252	35
2006	£113,154	£1,693	13
2005	£84,500	£1,281	3
2004	£79,882	£1,511	18
2003	£63,183	£1,168	3
2002	£10,450	£261	1
2001	£22,500	£356	2
2000	£16,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2023	£178,833	£2,167	9
2022	£181,545	£2,006	11
2021	£160,202	£1,962	10
2020	£140,300	£1,733	15
2019	£153,765	£1,819	17
2018	£136,746	£1,464	12
2017	£127,869	£1,720	13
2016	£135,098	£1,781	18
2015	£128,562	£1,602	8
2014	£121,367	£1,388	15
2013	£103,454	£1,326	12
2012	£115,938	£1,177	8
2011	£115,071	£1,126	7
2010	£82,125	£1,178	6
2009	£89,962	£1,217	4
2008	£106,218	£1,354	11
2007	£101,125	£1,399	23
2006	£103,972	£1,421	24
2005	£101,700	£1,599	26
2004	£89,017	£1,030	15
2003	£79,797	£1,114	12
2002	£60,535	£719	17
2001	£51,445	£569	11
2000	£41,718	£511	11
1999	£43,900	£394	5
1998	£40,404	£464	12
1997	£37,240	£465	11
1996	£38,606	£407	9
1995	£32,640	£330	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£252,500	£2,238	2
2021	£775,000		1
2020	£1,799,683	£11,791	6
2018	£821,667	£26,067	3
2017	£144,000	£1,383	1
2016	£233,250	£2,660	4
2015	£1,000,000		1

House Type in LN5 8QW area

The most common house types in the LN5 8QW postcode area are Terraced (126), Semi-detached (9), and Flat (3).

Total	142
Terraced	126
Semi-detached	9
Flat	3
Shared house	3
Detached	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns with a mortgage or loan (51).

Private rented: Private landlord or letting agency	54
Owned: Owns with a mortgage or loan	51
Owned: Owns outright	30
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN5 8QW have 1 person in household (52), and 2 people in household (40).

1 person in household	52
2 people in household	40
3 people in household	26
4 people in household	16
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0