LN2 3JJ is a residential postcode located on Cliff Road, Welton, Lincoln, LN2. It is the 617th largest postcode in the LN2 area.
It contains 16 residential addresses consisting of 15 houses and 1 flat and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £468,263. Sales values have increased in the last 12 months by 1.6% and Rental values have increased by 2.1%.
Property sale values range from £287,353 for a leasehold flat, with 3 bedrooms split across 1,561 square feet of gross internal area and has no outside space to £526,439 for a freehold house, with 5 bedrooms split across 1,873 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 3JJ is £301/ft2.
Properties achieve a rental yield of between 3.6% and 4.5%, and rental values range from £1,071 to £1,615 per month.
The last sale was 09 Oct 2020 for £320,000 and since then the market in the area as increased by 14.2%. The postcode has had a total of 4 sales since 1995.
LN2 3JJ has seen no sales in the last three years and no sales in the last twelve months.
LN2 3JJ is the 617th largest and the 987th most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 3JJ is a residential postcode located on Cliff Road, Welton, Lincoln, LN2 with 15 houses and 1 flat within its bounds.
The most common property type in LN2 3JJ is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to LN2 3JJ is Lincoln station which is 9.6 km 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 3JJ, 34.5% of property is socially rented and 27.4% is privately owned outright.
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 3JJ, 12.1% of residents are recorded as possessing school level qualifications and 29.7% 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 3JJ, 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 3JJ, 1.5% 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 3JJ, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.