Housing Market Analysis for BANKS STREET, LN9 5BW

Are you looking to understand LN9 5BW 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 LN9 5BW area, explore the LN9 5BW Area information page.
For comprehensive crime statistics in the LN9 5BW area, explore the LN9 5BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN9 5BW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £192,500 median price is £192,500 Standard Deviation is £72,500 with Total Sold: 2
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is RIVERBANK COTTAGE BANKS STREET: £265,000 (Sold on 07 Dec 2022)
    • The first recorded sale happened at this postcode is RIVERBANK COTTAGE BANKS STREET: £120,000 (Sold on 20 Jun 2018)
  • Terraced
    • The average price is around £90,339 median price is £85,500 Standard Deviation is £39,280 with Total Sold: 28
    • The Last 5 Year average price is £129,030 with Total Sold: 5
    • The most recent sale happened at this postcode is 13 BANKS STREET: £178,151 (Sold on 23 Mar 2022)
    • The first recorded sale happened at this postcode is 30 BANKS STREET: £33,500 (Sold on 25 Jun 1998)
  • Other
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 BANKS STREET: £265,000 (Sold on 11 Oct 2019)
    • The first recorded sale happened at this postcode is 9 BANKS STREET: £265,000 (Sold on 11 Oct 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average LN9 5BW 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
2022£265,000 £2,819 1
2018£120,000 £1,277 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£149,076 £1,857 2
2021£133,500 £1,880 1
2020£106,750 £1,366 2
2018£86,250 £1,183 2
2017£134,580 £1,580 5
2016£87,000 £1,426 1
2014£78,000 £1,266 2
2012£80,750 £925 2
2010£77,000 £1,261 1
2004£70,000 £1,582 2
2003£107,000 £1,092 1
2002£60,150 £827 3
2001£33,750 £744 2
1998£31,250 £512 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£265,0001

All the Sales in the BANKS STREET, LN9 5BW

See the table below for more details on the sold house prices in the LN9 5BW, East Lindsey postcode.

AddressSold DatePrice% Change
RIVERBANK COTTAGE BANKS STREETDetached, FreeholdArea: 94 Sq.mtrAge: 07 Dec 2022£265,000120.83%
20 Jun 2018£120,000First Sale
13 BANKS STREETTerraced, FreeholdArea: 102 Sq.mtrAge: 23 Mar 2022£178,15112.79%
10 Oct 2017£157,950First Sale
30 BANKS STREETTerraced, FreeholdArea: 61 Sq.mtrAge: 11 Mar 2022£120,00060.00%
27 Aug 2004£75,000123.88%
25 Jun 1998£33,500First Sale
11 BANKS STREETTerraced, FreeholdArea: 71 Sq.mtrAge: 29 Apr 2021£133,500-1.07%
25 Jul 2017£134,950First Sale
22 BANKS STREETTerraced, FreeholdArea: 58 Sq.mtrAge: 17 Aug 2020£110,000First Sale
3 BANKS STREETTerraced, FreeholdArea: 124 Sq.mtrAge: 03 Mar 2020£103,500First Sale
9 BANKS STREETOther, FreeholdAge: 11 Oct 2019£265,000First Sale
8 BANKS STREETTerraced, FreeholdArea: 97.2 Sq.mtrAge: 08 May 2018£87,500First Sale
14 BANKS STREETTerraced, FreeholdArea: 58 Sq.mtrAge: 26 Feb 2018£85,000-1.16%
06 Jun 2017£86,00021.13%
28 Oct 2014£71,0009.23%
25 Feb 2004£65,000128.07%
30 Mar 2001£28,500First Sale
15 BANKS STREETTerraced, FreeholdArea: 102 Sq.mtrAge: 27 Oct 2017£157,000First Sale
2 BANKS COURTTerraced, FreeholdArea: 96 Sq.mtrAge: 17 Jul 2017£137,000First Sale
24 BANKS STREETTerraced, FreeholdArea: 61 Sq.mtrAge: 30 Nov 2016£87,00064.15%
28 Mar 2002£53,00035.90%
25 Jun 2001£39,00034.48%
16 Dec 1998£29,000First Sale
28 BANKS STREETTerraced, FreeholdArea: 65 Sq.mtrAge: 19 Jun 2014£85,000First Sale
7 BANKS STREETTerraced, FreeholdArea: 109 Sq.mtrAge: 18 Jun 2012£95,000First Sale
5 BANKS STREETTerraced, FreeholdArea: 68 Sq.mtrAge: 18 Jun 2012£66,500First Sale
26 BANKS STREETTerraced, FreeholdArea: 61.04 Sq.mtrAge: 08 Jan 2010£77,00052.48%
28 Mar 2002£50,500First Sale
12 BANKS STREETTerraced, FreeholdArea: 98 Sq.mtrAge: 04 Aug 2003£107,00039.05%
07 Jun 2002£76,950First Sale

Check out the sold house prices near the LN9 5BW postcode. Properties currently for saleProperties currently for rent

BANKS STREET, LN9 5BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN9 5BW 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 LN9 5BW postcode.

  • Detached
    • The average price is around £186,205 median price is £180,000 Standard Deviation is £98,064 with Total Sold: 510
    • The Last 5 Year average price is £278,764 with Total Sold: 114
    • The most recent sale happened at this postcode is , 3 BOSTON ROAD: £243,000 (Sold on 02 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 HEMINGBY LANE: £26,500 (Sold on 30 Jan 1995)
  • Terraced
    • The average price is around £89,021 median price is £82,250 Standard Deviation is £53,689 with Total Sold: 847
    • The Last 5 Year average price is £134,066 with Total Sold: 168
    • The most recent sale happened at this postcode is , 151 FOUNDRY STREET: £106,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 1 GRUNDYS COURT: £8,500 (Sold on 18 Jan 1995)
  • Flat
    • The average price is around £78,901 median price is £80,000 Standard Deviation is £37,271 with Total Sold: 110
    • The Last 5 Year average price is £100,289 with Total Sold: 27
    • The most recent sale happened at this postcode is 5, ROLLESTONE COURT BRIDGE STREET: £105,000 (Sold on 11 Jun 2024)
    • The first recorded sale happened at this postcode is 2, ROLLESTONE COURT BRIDGE STREET: £47,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £157,207 median price is £127,000 Standard Deviation is £109,593 with Total Sold: 64
    • The Last 5 Year average price is £160,787 with Total Sold: 41
    • The most recent sale happened at this postcode is , 35 HIGH STREET: £130,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is , 1 CONGING STREET: £57,000 (Sold on 08 Apr 2014)
  • Semi-Detached
    • The average price is around £127,005 median price is £125,000 Standard Deviation is £66,852 with Total Sold: 249
    • The Last 5 Year average price is £173,915 with Total Sold: 48
    • The most recent sale happened at this postcode is , 20 LOUTH ROAD: £116,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 6 HOLT LANE: £26,000 (Sold on 25 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£336,143 £3,601 7
2023£304,100 £2,756 15
2022£311,600 £2,947 15
2021£252,491 £2,355 32
2020£286,394 £2,105 24
2019£249,400 £2,165 21
2018£214,184 £1,931 19
2017£252,499 £1,847 22
2016£208,734 £1,736 23
2015£214,807 £1,801 21
2014£186,933 £1,685 23
2013£151,545 £1,681 11
2012£163,929 £1,194 7
2011£218,458 £1,678 12
2010£201,830 £1,471 15
2009£165,868 £1,486 20
2008£205,793 £1,529 15
2007£210,207 £1,484 23
2006£162,777 £1,528 22
2005£169,979 £1,644 14
2004£186,783 £1,636 14
2003£143,838 £1,276 13
2002£123,520 £1,108 15
2001£95,458 £1,065 13
2000£79,855 £555 11
1999£80,469 £645 24
1998£61,192 £585 18
1997£70,886 £473 18
1996£71,842 £583 12
1995£59,882 £506 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£137,364 £1,999 11
2023£136,529 £2,055 24
2022£151,458 £1,920 39
2021£134,566 £1,706 41
2020£121,526 £1,670 19
2019£117,716 £1,647 34
2018£125,370 £1,691 35
2017£119,524 £1,645 29
2016£113,744 £1,442 26
2015£119,309 £1,436 34
2014£99,302 £1,286 29
2013£105,994 £1,266 17
2012£92,269 £1,150 13
2011£82,346 £1,188 13
2010£101,864 £1,219 24
2009£84,836 £1,186 12
2008£112,522 £1,305 23
2007£122,667 £1,528 30
2006£105,035 £1,321 34
2005£93,688 £1,287 21
2004£88,801 £1,313 35
2003£74,589 £1,125 35
2002£56,464 £808 39
2001£42,827 £629 37
2000£36,045 £519 39
1999£36,442 £451 37
1998£34,941 £512 29
1997£28,474 £380 25
1996£29,870 £444 42
1995£26,174 £396 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,0001
2023£94,389 £1,762 9
2022£96,600 £1,174 5
2021£118,257 £1,915 7
2020£65,000 £1,048 1
2019£94,375 £1,524 4
2018£108,362 £1,639 4
2017£160,000 £2,727 2
2016£82,875 £1,176 8
2015£109,998 £1,482 2
2014£88,833 £1,168 6
2013£77,738 £1,190 4
2012£80,000 £1,222 2
2011£69,500 £1,105 5
2009£87,000 £1,049 4
2008£63,125 £666 2
2007£113,750 £2,029 2
2006£61,000 £1,097 4
2005£90,900 £1,489 5
2004£56,250 £528 2
2003£80,674 £1,112 8
2002£44,7501
2001£92,000 £1,195 1
2000£37,910 £500 5
1999£36,750 £648 4
1998£36,500 £589 1
1997£24,000 £233 1
1996£13,500 £131 1
1995£30,883 £527 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0002
2023£195,978 £2,058 4
2022£170,230 £1,705 13
2021£190,222 £620 9
2020£101,188 £718 8
2019£136,774 £663 5
2018£113,6676
2017£84,917 £574 6
2016£211,618 £800 4
2015£245,800 £1,754 5
2014£101,000 £1,329 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,500 £1,720 3
2023£175,167 £1,872 12
2022£156,767 £1,438 6
2021£152,833 £1,631 6
2020£214,978 £1,901 9
2019£180,083 £1,708 12
2018£157,600 £1,692 5
2017£158,188 £1,557 8
2016£139,277 £1,640 7
2015£144,862 £1,528 11
2014£142,636 £1,450 7
2013£148,167 £1,290 12
2012£116,938 £1,153 8
2011£160,182 £1,323 8
2010£149,111 £1,273 9
2009£131,812 £1,276 8
2008£149,050 £1,281 10
2007£164,523 £1,692 13
2006£153,390 £1,610 5
2005£120,265 £1,041 7
2004£122,318 £1,384 11
2003£114,806 £811 8
2002£121,750 £1,093 6
2001£73,141 £640 16
2000£45,071 £500 7
1999£46,283 £505 6
1998£42,500 £816 3
1997£51,779 £457 7
1996£41,150 £407 10
1995£40,778 £482 9

House Type in LN9 5BW area

The most common house types in the LN9 5BW postcode area are Semi-detached (42), Detached (40), and Terraced (38).

Total154
Semi-detached42
Detached40
Terraced38
Flat21
commercial building7
converted building4
Shared house1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright52
Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan34
Social rented: Other social rented11
Private rented: Other private rented9
Social rented: Rents from council or Local Authority5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN9 5BW have 1 person in household (63), and 2 people in household (52).

1 person in household63
2 people in household52
3 people in household15
4 people in household15
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0