LN2 5QD is a residential postcode located on Tower Drive, Lincoln, LN2. It is the 635th largest postcode in the LN2 area.
It contains 16 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £126,495. Sales values have increased in the last 12 months by 5.0% and Rental values have increased by 5.9%.
Property sale values range from £122,699 for a freehold house, with 3 bedrooms split across 663 square feet of gross internal area and has a garden to £172,220 for a freehold house, with 4 bedrooms split across 1,152 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 5QD is £187/ft2.
Properties achieve a rental yield of between 5.9% and 6.3%, and rental values range from £645 to £842 per month.
The last sale was 07 Nov 2023 for £135,000 and since then the market in the area as increased by 5.3%. The postcode has had a total of 4 sales since 1995.
LN2 5QD has seen 2 sales in the last three years and 1 sale in the last twelve months.
LN2 5QD is the 635th largest and the 143rd most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 5QD is a residential postcode located on Tower Drive, Lincoln, LN2 with 16 houses within its bounds.
The most common property type in LN2 5QD 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 5QD is Lincoln station which is 2.2 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 5QD, 36.6% of property is privately rented and 31.3% 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 5QD, 21.2% of residents are recorded as possessing school level qualifications and 27.7% 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 5QD, 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 5QD, 0.0% 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 5QD, 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.