LN2 3LH is a residential postcode located on Rivehall Avenue, Welton, Lincoln, LN2. It is the 1099th largest postcode in the LN2 area.
It contains 82 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £214,344. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 3.0%.
Property sale values range from £155,466 for a leasehold house, with 3 bedrooms split across 667 square feet of gross internal area and has a garden to £341,127 for a freehold house, with 4 bedrooms split across 1,647 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 3LH is £292/ft2.
Properties achieve a rental yield of between 4.4% and 5.1%, and rental values range from £657 to £1,262 per month.
The last sale was 05 Jul 2024 for £215,000 and since then the market in the area as increased by -0.7%. The postcode has had a total of 4 sales since 1995.
LN2 3LH has seen 4 sales in the last three years and 3 sales in the last twelve months.
LN2 3LH is the 1099th largest and the 497th most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 3LH is a residential postcode located on Rivehall Avenue, Welton, Lincoln, LN2 with 82 houses within its bounds.
The most common property type in LN2 3LH is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to LN2 3LH is Lincoln station which is 9.9 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 3LH, 47.3% of property is privately owned outright and 34.9% 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 3LH, 21.0% of residents are recorded as possessing school level qualifications and 29.3% 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 3LH, 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 3LH, 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 3LH, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.