Housing Market Analysis for GAINSBOROUGH ROAD, LN8 3JW

Are you looking to understand LN8 3JW 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 West Lindsey postcode.

For the location information and nearby amenities in the LN8 3JW area, explore the LN8 3JW Area information page.
For comprehensive crime statistics in the LN8 3JW area, explore the LN8 3JW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 3JW postcode area, The average prices are as follows,

  • Other
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE LIMES HOTEL GAINSBOROUGH ROAD: £400,000 (Sold on 20 Jan 2021)
    • The first recorded sale happened at this postcode is THE LIMES HOTEL GAINSBOROUGH ROAD: £400,000 (Sold on 20 Jan 2021)
  • Detached
    • The average price is around £220,738 median price is £198,000 Standard Deviation is £52,367 with Total Sold: 4
    • The most recent sale happened at this postcode is THE LIMES COTTAGE GAINSBOROUGH ROAD: £310,000 (Sold on 23 Sep 2013)
    • The first recorded sale happened at this postcode is THE LIMES COTTAGE GAINSBOROUGH ROAD: £176,950 (Sold on 25 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3JW 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£400,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£310,0001
2012£203,000 £1,761 1
2009£193,0001
2001£176,9501

All the Sales in the GAINSBOROUGH ROAD, LN8 3JW

See the table below for more details on the sold house prices in the LN8 3JW, West Lindsey postcode.

AddressSold DatePrice% Change
THE LIMES HOTEL GAINSBOROUGH ROADOther, Freehold20 Jan 2021£400,000First Sale
THE LIMES COTTAGE GAINSBOROUGH ROADDetached, Freehold23 Sep 2013£310,00060.62%
27 Feb 2009£193,0009.07%
25 May 2001£176,950First Sale
YOUNGS COTTAGE GAINSBOROUGH ROADDetached, FreeholdArea: 115.29 Sq.mtrAge: before 190027 Apr 2012£203,000First Sale

Check out the sold house prices near the LN8 3JW postcode. Properties currently for saleProperties currently for rent

GAINSBOROUGH ROAD, LN8 3JW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 3JW 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 LN8 3JW postcode.

  • Terraced
    • The average price is around £84,344 median price is £79,975 Standard Deviation is £44,545 with Total Sold: 372
    • The Last 5 Year average price is £116,794 with Total Sold: 79
    • The most recent sale happened at this postcode is , 16 CHURCHILL AVENUE: £220,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 KING STREET: £18,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £104,599 median price is £99,950 Standard Deviation is £54,223 with Total Sold: 195
    • The Last 5 Year average price is £163,221 with Total Sold: 32
    • The most recent sale happened at this postcode is , 2 CHURCH STREET: £305,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 CAISTOR ROAD: £60,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £154,258 median price is £136,875 Standard Deviation is £98,291 with Total Sold: 166
    • The Last 5 Year average price is £251,514 with Total Sold: 32
    • The most recent sale happened at this postcode is , 47 CAISTOR ROAD: £240,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , WINGFIELD DEAR STREET: £90,000 (Sold on 08 Feb 1995)
  • Other
    • The average price is around £310,736 median price is £130,000 Standard Deviation is £790,847 with Total Sold: 45
    • The Last 5 Year average price is £226,090 with Total Sold: 23
    • The most recent sale happened at this postcode is , 05-Jul MARKET PLACE: £195,000 (Sold on 13 Feb 2024)
    • The first recorded sale happened at this postcode is , 27 - 29 UNION STREET: £145,000 (Sold on 28 Feb 2014)
  • Flat
    • The average price is around £80,034 median price is £75,750 Standard Deviation is £31,673 with Total Sold: 100
    • The Last 5 Year average price is £85,412 with Total Sold: 24
    • The most recent sale happened at this postcode is , 11 CEDAR CLOSE: £90,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , 10 CHURCH MILL COURT: £65,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£111,643 £915 7
2023£141,700 £1,819 10
2022£111,850 £1,674 10
2021£121,238 £1,490 21
2020£119,792 £2,729 18
2019£92,885 £1,540 13
2018£85,658 £1,245 6
2017£103,262 £1,369 21
2016£104,096 £2,640 14
2015£83,992 £1,234 12
2014£87,522 £1,025 10
2013£89,328 £1,141 9
2012£73,714 £943 7
2011£87,399 £1,258 5
2010£93,750 £1,262 9
2009£77,308 £979 13
2008£82,667 £1,256 3
2007£109,424 £976 15
2006£106,248 £1,188 24
2005£90,820 £1,475 10
2004£78,793 £1,189 14
2003£81,957 £1,038 14
2002£62,442 £808 26
2001£36,180 £530 15
2000£53,339 £528 14
1999£33,313 £397 17
1998£47,147 £677 9
1997£37,502 £507 13
1996£39,817 £416 6
1995£41,779 £462 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,0001
2023£140,500 £2,148 4
2022£173,730 £1,828 9
2021£200,000 £2,173 4
2020£130,500 £1,524 4
2019£147,050 £1,286 10
2018£142,439 £1,436 9
2017£127,739 £1,361 9
2016£118,920 £1,331 10
2015£107,100 £1,239 5
2014£101,772 £1,179 8
2013£110,414 £1,133 7
2012£104,750 £1,206 2
2011£105,750 £1,361 2
2010£124,742 £1,196 6
2009£111,000 £882 3
2008£94,622 £1,174 8
2007£113,828 £1,771 9
2006£118,372 £1,274 9
2005£120,915 £1,163 10
2004£102,986 £1,090 7
2003£78,455 £704 8
2002£61,428 £584 9
2001£57,943 £509 7
2000£39,083 £471 7
1999£42,104 £439 7
1998£44,588 £361 4
1997£43,667 £415 6
1996£54,983 £467 3
1995£48,919 £457 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,000 £2,553 2
2023£315,000 £2,659 7
2022£256,250 £2,141 4
2021£266,658 £2,071 6
2020£213,562 £2,024 8
2019£206,000 £2,410 5
2018£190,590 £2,109 5
2017£157,552 £1,653 6
2016£131,417 £1,805 3
2015£223,500 £1,350 3
2014£160,619 £1,508 8
2013£198,333 £1,838 6
2012£162,100 £1,713 5
2011£180,000 £1,935 1
2010£119,317 £1,515 3
2009£184,000 £1,136 2
2008£172,833 £1,298 6
2007£252,429 £1,505 7
2006£138,815 £1,602 10
2005£136,362 £2,412 4
2004£156,200 £1,363 5
2003£106,357 £939 7
2002£98,968 £874 11
2001£102,462 £702 8
2000£49,000 £675 3
1999£94,710 £791 6
1998£74,590 £672 5
1997£60,500 £634 7
1996£56,850 £562 7
1995£53,802 £551 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£238,650 £6,356 5
2022£291,750 £1,308 8
2021£182,000 £747 4
2020£150,0001
2019£149,9544
2018£215,100 £2,466 5
2017£684,106 £627 10
2016£136,7003
2015£100,0001
2014£118,8003
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£88,000 £1,709 2
2022£87,250 £1,288 6
2021£103,990 £1,637 5
2020£74,500 £1,437 6
2019£76,690 £1,361 5
2018£80,500 £1,241 6
2017£83,650 £1,466 3
2016£96,707 £1,473 7
2015£66,091 £892 16
2014£116,667 £1,289 3
2012£137,472 £1,755 2
2011£95,500 £1,262 4
2010£64,667 £1,084 3
2009£97,0001
2007£100,483 £1,773 3
2005£149,950 £1,578 1
2004£82,575 £1,077 6
2003£95,625 £1,435 2
2002£72,250 £869 4
2001£53,100 £743 2
2000£70,738 £1,165 4
1999£36,927 £665 7
1998£47,500 £913 1
1995£65,000 £670 1

House Type in LN8 3JW area

The most common house types in the LN8 3JW postcode area are Detached (118), Semi-detached (42), and Terraced (13).

Total173
Detached118
Semi-detached42
Terraced13
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright86
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency22
Social rented: Other social rented8
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3JW have 2 people in household (73), and 1 person in household (42).

2 people in household73
1 person in household42
3 people in household28
4 people in household21
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0