Housing Market Analysis for MERRILLS WAY, PE25 1JN

Are you looking to understand PE25 1JN 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 PE25 1JN area, explore the PE25 1JN Area information page.
For comprehensive crime statistics in the PE25 1JN area, explore the PE25 1JN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE25 1JN postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £135,300 median price is £125,250 Standard Deviation is £26,469 with Total Sold: 10
    • The Last 5 Year average price is £189,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 MERRILLS WAY: £189,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is 9 MERRILLS WAY: £124,000 (Sold on 17 Feb 2006)
  • Other
    • The average price is around £14,500 median price is £14,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £14,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 MERRILLS WAY: £14,500 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is 12 MERRILLS WAY: £14,500 (Sold on 05 Feb 2021)
  • Detached
    • The average price is around £171,629 median price is £167,000 Standard Deviation is £33,218 with Total Sold: 17
    • The most recent sale happened at this postcode is 17 MERRILLS WAY: £188,000 (Sold on 18 Dec 2018)
    • The first recorded sale happened at this postcode is 4 MERRILLS WAY: £164,000 (Sold on 24 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PE25 1JN 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£189,000 £2,554 1
2019£125,000 £1,712 1
2015£112,500 £1,600 1
2013£111,000 £1,578 1
2007£146,998 £1,852 3
2006£124,833 £1,732 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£14,500 £111 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£188,000 £1,825 1
2017£230,000 £2,738 1
2016£167,000 £1,722 1
2014£148,000 £1,736 1
2013£176,500 £1,357 1
2011£141,500 £2,066 2
2009£195,000 £1,499 1
2008£149,975 £2,152 2
2007£168,438 £1,960 4
2006£185,500 £2,131 3

All the Sales in the MERRILLS WAY, PE25 1JN

See the table below for more details on the sold house prices in the PE25 1JN, East Lindsey postcode.

AddressSold DatePrice% Change
5 MERRILLS WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 2003-200613 Dec 2023£189,00047.66%
29 Mar 2007£128,000First Sale
12 MERRILLS WAYOther, FreeholdArea: 130.1 Sq.mtr05 Feb 2021£14,500-91.78%
29 Nov 2013£176,500-9.49%
02 Dec 2009£195,000First Sale
9 MERRILLS WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 2003-200612 Aug 2019£125,0000.81%
17 Feb 2006£124,000First Sale
17 MERRILLS WAYDetached, FreeholdArea: 103 Sq.mtrAge: 2003-200618 Dec 2018£188,0003.16%
29 Jun 2007£182,250First Sale
6 MERRILLS WAYDetached, FreeholdArea: 84 Sq.mtrAge: 2003-200607 Mar 2017£230,00014.14%
29 Jun 2007£201,500First Sale
1 MERRILLS WAYDetached, FreeholdArea: 97 Sq.mtrAge: 2003-200625 Apr 2016£167,0000.60%
29 Jun 2007£166,000First Sale
3 MERRILLS WAYSemi-Detached, FreeholdArea: 70.32 Sq.mtr09 Jan 2015£112,5001.35%
29 Oct 2013£111,000-11.55%
08 Aug 2006£125,500First Sale
4 MERRILLS WAYDetached, FreeholdArea: 85.26 Sq.mtrAge: 2003-200628 Nov 2014£148,0007.25%
07 Jan 2011£138,000-15.85%
24 Nov 2006£164,000First Sale
10 MERRILLS WAYDetached, FreeholdArea: 57.7 Sq.mtrAge: 2003-200605 Aug 2011£145,0001.75%
15 Dec 2006£142,500First Sale
13 MERRILLS WAYDetached, Freehold15 May 2008£129,9504.80%
29 Mar 2007£124,000First Sale
8 MERRILLS WAYDetached, FreeholdArea: 79 Sq.mtrAge: 2003-200611 Feb 2008£170,000First Sale
7 MERRILLS WAYSemi-Detached, FreeholdArea: 93.68 Sq.mtrAge: 2007 onwards22 Oct 2007£184,995First Sale
15 MERRILLS WAYSemi-Detached, Freehold31 Jan 2007£128,000First Sale
2 MERRILLS WAYDetached, FreeholdArea: 125 Sq.mtrAge: 2003-200621 Dec 2006£250,000First Sale
11 MERRILLS WAYSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 2003-200610 Mar 2006£125,000First Sale

Check out the sold house prices near the PE25 1JN postcode. Properties currently for saleProperties currently for rent

MERRILLS WAY, PE25 1JN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE25 1JN 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 PE25 1JN postcode.

  • Semi-Detached
    • The average price is around £123,374 median price is £126,748 Standard Deviation is £40,360 with Total Sold: 24
    • The Last 5 Year average price is £177,625 with Total Sold: 4
    • The most recent sale happened at this postcode is , 5 MERRILLS WAY: £189,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is , 10 WINDSOR CRESCENT: £39,500 (Sold on 30 Apr 1998)
  • Flat
    • The average price is around £61,583 median price is £68,750 Standard Deviation is £18,132 with Total Sold: 12
    • The Last 5 Year average price is £73,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 20 SIMPSON COURT: £73,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , 9 SIMPSON COURT: £23,000 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £103,059 median price is £110,000 Standard Deviation is £42,763 with Total Sold: 23
    • The Last 5 Year average price is £178,418 with Total Sold: 2
    • The most recent sale happened at this postcode is , 8 WINDSOR CRESCENT: £199,950 (Sold on 27 Mar 2023)
    • The first recorded sale happened at this postcode is , 6 WINDSOR CRESCENT: £29,950 (Sold on 26 Apr 1999)
  • Detached
    • The average price is around £162,344 median price is £161,000 Standard Deviation is £40,511 with Total Sold: 59
    • The Last 5 Year average price is £200,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 6 HIDES CLOSE: £210,000 (Sold on 17 Oct 2022)
    • The first recorded sale happened at this postcode is , CANDLES RESTAURANT QUEENSWAY: £76,000 (Sold on 16 Apr 2002)
  • Other
    • The average price is around £179,833 median price is £190,000 Standard Deviation is £131,041 with Total Sold: 3
    • The Last 5 Year average price is £14,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 12 MERRILLS WAY: £14,500 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is , SPAR STORES ANCHOR LANE: £190,000 (Sold on 18 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£189,000 £2,554 1
2022£190,000 £2,262 1
2021£184,000 £1,588 1
2020£147,500 £1,273 1
2019£125,000 £1,712 1
2018£125,000 £1,488 1
2017£131,000 £1,560 1
2015£76,250 £1,050 2
2013£111,000 £1,578 1
2011£68,000 £723 1
2010£134,995 £1,165 2
2007£139,797 £1,852 5
2006£124,833 £1,732 3
2004£65,0001
2003£90,0001
1998£39,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£73,000 £1,217 2
2018£60,000 £1,017 1
2017£62,500 £1,179 1
2014£69,000 £1,064 2
2013£75,000 £1,190 1
2011£68,750 £980 2
2006£75,000 £1,415 1
1997£22,000 £367 1
1995£23,000 £339 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£199,950 £2,739 1
2021£156,887 £1,669 1
2019£128,000 £1,365 1
2018£151,000 £1,469 2
2015£100,000 £1,020 1
2014£98,500 £1,190 2
2012£117,488 £1,014 4
2011£119,167 £1,107 3
2007£117,000 £1,248 1
2005£63,000 £1,068 1
2004£38,715 £472 1
2002£64,950 £693 1
2001£54,950 £586 1
2000£45,250 £513 2
1999£29,950 £319 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£212,500 £3,122 2
2020£175,000 £3,182 1
2018£186,500 £2,234 2
2017£192,667 £2,053 3
2016£166,650 £2,070 3
2015£234,500 £1,907 1
2014£156,988 £1,668 4
2013£148,250 £1,713 2
2012£175,750 £1,792 2
2011£150,000 £2,087 3
2010£160,0001
2009£151,929 £1,675 7
2008£182,562 £2,162 7
2007£165,958 £2,094 12
2006£132,575 £1,614 6
2005£125,000 £1,389 1
2002£76,750 £853 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£14,500 £111 1
2017£335,0001
2015£190,0001

House Type in PE25 1JN area

The most common house types in the PE25 1JN postcode area are temporary structure (104), Detached (60), and Semi-detached (15).

Total192
temporary structure104
Detached60
Semi-detached15
commercial building8
Terraced5
Flat0
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (153), and Private rented: Private landlord or letting agency (19).

Owned: Owns outright153
Private rented: Private landlord or letting agency19
Private rented: Other private rented13
Owned: Owns with a mortgage or loan12
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PE25 1JN have 2 people in household (108), and 1 person in household (66).

2 people in household108
1 person in household66
3 people in household16
4 people in household3
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0