Housing Market Analysis for BALMORAL CLOSE, LN8 5RN

Are you looking to understand LN8 5RN 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 East Lindsey postcode.

For the location information and nearby amenities in the LN8 5RN area, explore the LN8 5RN Area information page.
For comprehensive crime statistics in the LN8 5RN area, explore the LN8 5RN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 5RN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £122,608 median price is £125,000 Standard Deviation is £52,335 with Total Sold: 26
    • The Last 5 Year average price is £204,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 35 BALMORAL CLOSE: £210,000 (Sold on 11 Apr 2023)
    • The first recorded sale happened at this postcode is 29 BALMORAL CLOSE: £49,950 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £96,609 median price is £120,000 Standard Deviation is £44,196 with Total Sold: 11
    • The Last 5 Year average price is £143,350 with Total Sold: 2
    • The most recent sale happened at this postcode is 23 BALMORAL CLOSE: £156,700 (Sold on 18 Mar 2022)
    • The first recorded sale happened at this postcode is 23 BALMORAL CLOSE: £37,000 (Sold on 20 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5RN 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£210,000 £2,727 1
2022£238,000 £2,644 1
2021£190,500 £2,748 1
2019£180,000 £2,368 1
2018£164,333 £2,295 3
2012£123,750 £1,548 2
2011£125,000 £1,623 1
2009£115,000 £1,824 1
2007£154,500 £1,750 2
2006£136,000 £1,847 2
2004£130,000 £1,711 1
2003£96,950 £1,672 1
2002£101,450 £1,160 1
2001£67,500 £994 2
2000£49,950 £861 1
1999£60,000 £717 2
1997£58,0001
1996£66,5001
1995£49,950 £657 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£156,700 £3,013 1
2020£130,000 £2,500 1
2016£123,000 £2,389 2
2014£124,500 £2,394 2
2006£122,500 £2,356 1
2001£48,000 £923 1
1998£36,500 £702 1
1995£37,000 £719 2

All the Sales in the BALMORAL CLOSE, LN8 5RN

See the table below for more details on the sold house prices in the LN8 5RN, East Lindsey postcode.

AddressSold DatePrice% Change
35 BALMORAL CLOSEDetached, FreeholdArea: 77 Sq.mtrAge: 1967-197511 Apr 2023£210,00068.00%
19 Dec 2011£125,00056.25%
27 Jul 2001£80,000First Sale
11 BALMORAL CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1983-199015 Nov 2022£238,00030.05%
23 Feb 2018£183,00049.39%
23 Nov 2012£122,500First Sale
23 BALMORAL CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1967-197518 Mar 2022£156,70030.58%
31 Mar 2014£120,000224.32%
20 Jul 1995£37,000First Sale
2 BALMORAL CLOSEDetached, FreeholdArea: 69.33 Sq.mtrAge: 1983-199030 Jun 2021£190,5008.86%
17 Jan 2018£175,000First Sale
3 BALMORAL CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1950-196627 Nov 2020£130,0008.33%
19 Jul 2016£120,000228.77%
27 Mar 1998£36,500First Sale
29 BALMORAL CLOSEDetached, FreeholdArea: 76 Sq.mtrAge: 1967-197501 Nov 2019£180,00038.46%
28 Jan 2004£130,000138.53%
26 Feb 1999£54,5009.11%
30 Jun 1995£49,950First Sale
25 BALMORAL CLOSEDetached, FreeholdArea: 58 Sq.mtrAge: 1976-198214 Jun 2018£135,00039.25%
07 Feb 2003£96,95076.27%
23 May 2001£55,00010.11%
17 Oct 2000£49,950First Sale
21 BALMORAL CLOSESemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1976-198225 May 2016£126,000240.54%
01 Dec 1995£37,000First Sale
1 BALMORAL CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1976-198222 May 2014£129,0005.31%
31 Jul 2006£122,500155.21%
16 Feb 2001£48,000First Sale
5 BALMORAL CLOSEDetached, FreeholdArea: 72.011 Sq.mtrAge: 1983-199011 Apr 2012£125,000-6.02%
29 Sep 2006£133,000First Sale
37 BALMORAL CLOSEDetached, FreeholdArea: 63.047 Sq.mtrAge: 1967-197519 Jun 2009£115,000First Sale
31 BALMORAL CLOSEDetached, Freehold12 Oct 2007£156,000First Sale
7 BALMORAL CLOSEDetached, FreeholdArea: 87.44 Sq.mtrAge: 1976-198219 Jan 2007£153,00050.81%
16 Sep 2002£101,450First Sale
27 BALMORAL CLOSEDetached, Freehold18 Jul 2006£139,000112.21%
13 Dec 1999£65,500First Sale
33 BALMORAL CLOSEDetached, Freehold12 Jun 1997£58,000First Sale
9 BALMORAL CLOSEDetached, Freehold04 Sep 1996£66,500First Sale

Check out the sold house prices near the LN8 5RN postcode. Properties currently for saleProperties currently for rent

BALMORAL CLOSE, LN8 5RN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 5RN 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 5RN postcode.

  • Terraced
    • The average price is around £107,386 median price is £113,000 Standard Deviation is £46,680 with Total Sold: 255
    • The Last 5 Year average price is £146,532 with Total Sold: 63
    • The most recent sale happened at this postcode is , 13 POACHERS CHASE: £147,500 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 SMITHY YARD: £38,800 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £156,237 median price is £156,000 Standard Deviation is £67,528 with Total Sold: 510
    • The Last 5 Year average price is £235,487 with Total Sold: 81
    • The most recent sale happened at this postcode is , RUTLAND LOUTH ROAD: £227,500 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 HOLMES WAY: £69,743 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £118,034 median price is £121,498 Standard Deviation is £50,139 with Total Sold: 304
    • The Last 5 Year average price is £175,982 with Total Sold: 45
    • The most recent sale happened at this postcode is , 9 ROPEWALK: £165,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 HOLMES WAY: £60,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £164,542 median price is £132,500 Standard Deviation is £124,729 with Total Sold: 12
    • The Last 5 Year average price is £129,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , 24 CARPENTERS CLOSE: £64,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , WHITE LION FARMHOUSE LINCOLN ROAD: £486,000 (Sold on 09 Oct 2014)
  • Flat
    • The average price is around £83,324 median price is £89,225 Standard Deviation is £39,940 with Total Sold: 14
    • The Last 5 Year average price is £83,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 44 HONEYSUCKLE LANE: £116,500 (Sold on 08 Sep 2022)
    • The first recorded sale happened at this postcode is FIRST FLOOR FLAT, REHOBOTH LINCOLN ROAD: £27,000 (Sold on 07 Oct 2002)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,5001
2023£153,071 £2,166 14
2022£166,042 £2,176 12
2021£144,773 £2,037 11
2020£133,714 £1,793 14
2019£134,909 £1,778 11
2018£129,612 £1,878 8
2017£133,805 £1,634 11
2016£127,100 £1,656 9
2015£118,953 £1,526 11
2014£117,887 £1,793 18
2013£115,317 £1,553 3
2012£77,250 £1,237 3
2011£105,348 £1,359 5
2010£139,141 £1,429 7
2009£110,099 £1,480 5
2008£140,991 £1,549 7
2007£124,381 £1,779 20
2006£85,583 £1,325 6
2005£89,590 £1,476 5
2004£92,300 £1,434 9
2003£77,246 £1,171 14
2002£59,414 £933 7
2001£53,609 £718 11
2000£36,133 £645 6
1999£31,650 £504 10
1998£28,122 £294 5
1997£35,925 £597 4
1996£29,250 £580 4
1995£37,888 £637 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,400 £3,487 5
2023£247,685 £2,808 13
2022£244,900 £2,644 16
2021£254,118 £2,479 17
2020£213,807 £2,130 17
2019£207,265 £2,022 13
2018£196,331 £2,157 21
2017£194,731 £1,981 13
2016£190,211 £2,033 14
2015£175,214 £1,837 7
2014£162,187 £1,758 19
2013£152,094 £1,631 16
2012£153,334 £1,664 16
2011£162,694 £1,642 18
2010£192,559 £1,834 16
2009£155,509 £1,720 16
2008£177,870 £1,828 21
2007£181,603 £1,895 39
2006£170,339 £1,641 19
2005£153,825 £1,552 10
2004£159,864 £1,778 32
2003£137,286 £1,380 14
2002£113,626 £1,254 21
2001£95,548 £1,049 25
2000£69,700 £756 17
1999£60,555 £657 18
1998£69,235 £739 17
1997£68,828 £671 18
1996£67,968 £659 14
1995£68,637 £681 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,833 £2,885 3
2023£183,700 £2,350 10
2022£216,671 £2,947 7
2021£180,667 £2,285 9
2020£157,125 £2,112 8
2019£140,625 £2,054 8
2018£154,870 £1,852 22
2017£131,545 £1,679 11
2016£121,918 £1,681 19
2015£118,112 £1,646 4
2014£125,135 £2,013 11
2013£110,230 £1,274 9
2012£79,219 £1,164 4
2011£130,282 £1,523 13
2010£140,060 £1,620 8
2009£110,384 £1,470 13
2008£137,748 £1,919 10
2007£143,659 £1,766 27
2006£115,508 £1,729 19
2005£124,625 £1,604 8
2004£109,794 £1,387 9
2003£87,617 £1,171 6
2002£72,450 £1,009 11
2001£56,825 £821 6
2000£58,690 £702 10
1999£44,900 £549 10
1998£44,173 £670 10
1997£41,893 £577 7
1996£36,167 £501 3
1995£45,166 £646 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£157,000 £1,123 2
2021£137,500 £1,538 2
2019£92,500 £728 2
2018£185,7502
2017£114,333 £685 3
2014£486,000 £5,010 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£116,500 £2,118 1
2021£37,500 £551 1
2020£92,000 £2,486 1
2019£88,500 £1,702 1
2014£84,998 £1,899 2
2012£89,950 £1,635 1
2010£23,750 £417 1
2008£99,995 £1,923 1
2007£95,725 £769 2
2004£114,950 £537 2
2002£27,000 £290 1

House Type in LN8 5RN area

The most common house types in the LN8 5RN postcode area are Terraced (57), Detached (35), and Semi-detached (35).

Total133
Terraced57
Detached35
Semi-detached35
commercial building3
converted building2
Flat1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright57
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency22
Social rented: Other social rented19
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 5RN have 1 person in household (51), and 2 people in household (50).

1 person in household51
2 people in household50
3 people in household18
4 people in household11
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0