LN2 3BP is a residential postcode located on Gorehall Drive, Welton, Lincoln, LN2. It is the 455th largest postcode in the LN2 area.
It contains 9 houses and 2 unknown and the most common type of property is a modern house built after 1980.
The average house value is £217,362. Sales values have increased in the last 12 months by 2.8% and Rental values have increased by 3.2%.
Property sale values range from £196,789 for a freehold house, with 2 bedrooms split across 592 square feet of gross internal area and has a garden to £241,961 for a freehold house, with 3 bedrooms split across 926 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 3BP is £301/ft2.
Properties achieve a rental yield of between 4.7% and 4.9%, and rental values range from £807 to £956 per month.
The last sale was 08 Nov 2023 for £103,000 and since then the market in the area has increased by 4%. The postcode has had a total of 4 sales since 1995.
LN2 3BP has seen 3 sales in the last three years and 1 sale in the last twelve months.
LN2 3BP is the 455th largest and the 501st most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 3BP is the 455th largest and the 501st most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 3BP is a residential postcode located on Gorehall Drive, Welton, Lincoln, LN2 with 9 houses and 2 unknown within its bounds.
The most common property type in LN2 3BP is a modern house built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to LN2 3BP is Lincoln station which is 10.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LN2 3BP, 44.6% of property is privately owned outright and 34.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LN2 3BP, 29.5% of residents are recorded as possessing school level qualifications and 43.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN2 3BP, the average age was 43.8 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LN2 3BP, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LN2 3BP, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.