Housing Market Analysis for GAINSBOROUGH ROAD, LN8 3JX

Are you looking to understand LN8 3JX 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 3JX area, explore the LN8 3JX Area information page.
For comprehensive crime statistics in the LN8 3JX area, explore the LN8 3JX Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £108,641 median price is £115,000 Standard Deviation is £51,170 with Total Sold: 15
    • The Last 5 Year average price is £178,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 GAINSBOROUGH ROAD: £230,000 (Sold on 10 Jul 2023)
    • The first recorded sale happened at this postcode is 2 GAINSBOROUGH ROAD: £45,000 (Sold on 03 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3JX 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,150 1
2022£170,000 £2,073 1
2020£134,000 £1,634 1
2014£116,500 £1,158 2
2010£110,115 £1,343 1
2007£125,000 £1,168 1
2006£153,000 £1,244 1
2005£115,000 £1,402 1
2003£108,000 £1,286 1
2002£71,000 £866 1
2000£45,167 £462 3
1997£45,000 £366 1

All the Sales in the GAINSBOROUGH ROAD, LN8 3JX

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

AddressSold DatePrice% Change
1 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-194910 Jul 2023£230,00084.00%
16 Apr 2007£125,000First Sale
9 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-194904 Nov 2022£170,00026.87%
11 Sep 2020£134,00021.69%
21 Oct 2010£110,115-4.25%
18 Nov 2005£115,00061.97%
30 Aug 2002£71,000First Sale
2 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-194908 Aug 2014£117,000-23.53%
29 Sep 2006£153,000183.33%
19 Dec 2000£54,00020.00%
03 Nov 1997£45,000First Sale
4 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-194916 May 2014£116,000First Sale
11 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196605 Dec 2003£108,000First Sale
5 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-194914 Dec 2000£46,500First Sale
3 GAINSBOROUGH ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196608 Sep 2000£35,000First Sale

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

GAINSBOROUGH ROAD, LN8 3JX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £188,825 median price is £190,000 Standard Deviation is £98,782 with Total Sold: 220
    • The Last 5 Year average price is £306,894 with Total Sold: 45
    • The most recent sale happened at this postcode is , 32 NORTH STREET: £280,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 RASE CLOSE: £56,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £125,239 median price is £121,498 Standard Deviation is £77,254 with Total Sold: 82
    • The Last 5 Year average price is £210,913 with Total Sold: 23
    • The most recent sale happened at this postcode is , CLAYWORTH NORTH STREET: £175,000 (Sold on 04 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 WILKINSON DRIVE: £34,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £78,205 median price is £78,000 Standard Deviation is £45,829 with Total Sold: 39
    • The Last 5 Year average price is £109,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 NAGS HEAD ROW: £78,000 (Sold on 20 Feb 2023)
    • The first recorded sale happened at this postcode is , 5 THE ROW: £23,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £203,375 median price is £178,750 Standard Deviation is £138,268 with Total Sold: 4
    • The Last 5 Year average price is £228,000 with Total Sold: 2
    • The most recent sale happened at this postcode is YARD ADJOINING, SPRINGBECK COTTAGE NORTH STREET: £56,000 (Sold on 24 Feb 2020)
    • The first recorded sale happened at this postcode is , THORNFIELD HOUSE GAINSBOROUGH ROAD: £92,500 (Sold on 28 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£263,0002
2023£321,000 £3,099 4
2022£338,429 £2,387 7
2021£326,676 £2,372 17
2020£272,523 £1,876 11
2019£270,000 £1,975 4
2018£263,478 £1,771 9
2017£238,625 £1,673 8
2016£234,362 £1,513 4
2015£217,625 £1,519 8
2014£208,895 £1,468 10
2013£204,279 £1,433 7
2012£143,421 £1,625 7
2011£148,333 £1,305 6
2010£174,850 £1,538 7
2009£181,400 £1,827 5
2008£184,000 £1,250 8
2007£205,958 £1,307 13
2006£147,262 £1,219 16
2005£245,0001
2004£189,181 £1,405 8
2003£164,5393
2002£113,950 £791 11
2001£85,812 £791 8
2000£86,317 £801 3
1999£67,744 £697 10
1998£71,356 £576 9
1997£66,857 £486 7
1996£86,000 £590 2
1995£62,490 £688 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,750 £2,254 4
2022£216,667 £2,254 3
2021£198,222 £1,879 9
2020£238,800 £1,871 5
2019£160,000 £1,617 2
2018£147,500 £1,674 3
2017£155,000 £1,649 1
2014£112,300 £1,187 5
2013£138,000 £1,468 1
2012£123,000 £1,086 1
2010£124,355 £1,403 3
2009£114,750 £1,206 4
2008£121,3744
2007£103,500 £1,168 2
2006£171,333 £1,218 3
2005£101,500 £1,336 4
2004£100,750 £1,011 4
2003£107,250 £1,228 2
2002£52,250 £669 4
2001£45,000 £525 2
2000£52,583 £462 6
1998£35,500 £412 2
1997£39,250 £498 4
1996£17,500 £269 2
1995£29,5002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£78,000 £1,733 1
2022£140,0001
2017£110,000 £2,015 3
2016£145,000 £1,559 1
2015£107,000 £1,408 1
2014£95,000 £911 1
2013£80,0001
2012£80,0001
2010£134,950 £1,607 1
2008£50,000 £248 1
2007£91,500 £1,567 2
2006£150,5002
2005£70,0001
2004£70,650 £1,244 3
2003£96,238 £812 4
2002£91,1673
2001£42,000 £403 1
2000£38,950 £395 2
1999£40,250 £470 2
1998£42,2501
1997£19,750 £400 2
1996£28,000 £582 2
1995£23,750 £235 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£56,000 £448 1
2019£400,000 £2,899 1
2017£178,750 £1,067 2

House Type in LN8 3JX area

The most common house types in the LN8 3JX 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 3JX 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