LN2 4LQ is a residential postcode located on Addison Drive, Lincoln, LN2. It is the 604th largest postcode in the LN2 area.
It contains 15 houses and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £170,320. Sales values have increased in the last 12 months by 4.8% and Rental values have increased by 5.6%.
Property sale values range from £167,088 for a freehold house, with 3 bedrooms split across 786 square feet of gross internal area and has a garden to £191,590 for a freehold house, with 3 bedrooms split across 1,033 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 4LQ is £184/ft2.
Properties achieve a rental yield of between 5.9% and 6.2%, and rental values range from £859 to £941 per month.
The last sale was 23 Jun 2023 for £175,000 and since then the market in the area as increased by 4.8%. The postcode has had a total of 4 sales since 1995.
LN2 4LQ has seen 3 sales in the last three years and no sales in the last twelve months.
LN2 4LQ is the 604th largest and the 358th most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 4LQ is a residential postcode located on Addison Drive, Lincoln, LN2 with 15 houses within its bounds.
The most common property type in LN2 4LQ 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 D.
The closest station to LN2 4LQ is Lincoln station which is 2.4 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 4LQ, 40.6% of property is socially rented and 30.5% 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 4LQ, 24.7% of residents are recorded as possessing school level qualifications and 20.3% 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 4LQ, the average age was 34.1 and the most common age was 22.
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 4LQ, 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 4LQ, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.