LN1 2JT is a residential postcode situated on Newark Road, Laughterton, Lincoln, LN1 with 3 addresses.
It ranks as the 87th largest and 690th most expensive of the 874 postcodes in the LN1 area.
The postcode contains a total of 3 properties: 3 houses.
LN1 2JT is a residential postcode situated on Newark Road, Laughterton, Lincoln, LN1 with 3 addresses.
It ranks as the 87th largest and 690th most expensive of the 874 postcodes in the LN1 area.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £280,694 for 3 bedroom freehold houses with a garden (1,007 ft2) to £392,925 for 4 bedroom freehold houses with a garden (1,829 ft2) .
Monthly rental prices range from £948 pcm for 3 bed houses to £1,153 pcm for 4 bed houses.
The gross rental yield is between 3.4% and 4.1%.
The average value per square foot is £215.
The current average value in the postcode is £336,605.
The LN1 2JT Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £336,605 |
| April 2025 | 3.5% | £343,981 |
| April 2024 | -2% | £332,236 |
| April 2023 | 3% | £338,994 |
| April 2022 | 10.2% | £329,225 |
| April 2021 | 6.6% | £298,769 |
| April 2020 | 2% | £280,142 |
| April 2019 | 2.8% | £274,568 |
| April 2018 | 4.7% | £267,152 |
| April 2017 | 5% | £255,114 |
| April 2016 | 4.6% | £242,892 |
| April 2015 | 3.3% | £232,246 |
| April 2014 | 6.3% | £224,916 |
| April 2013 | 3.6% | £211,574 |
| April 2012 | -0.6% | £204,312 |
| April 2011 | -2% | £205,537 |
| April 2010 | 3.6% | £209,816 |
| April 2009 | -9.4% | £202,605 |
| April 2008 | -0.1% | £223,557 |
| April 2007 | 0% | £223,853 |
The current average rental value in the postcode is £1,075.
The LN1 2JT Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,075pcm |
| April 2025 | 1% | £1,047pcm |
| April 2024 | 7.9% | £1,037pcm |
| April 2023 | 8.9% | £961pcm |
| April 2022 | 5.6% | £882pcm |
| April 2021 | 4.2% | £836pcm |
| April 2020 | 0.9% | £802pcm |
| April 2019 | 2.8% | £794pcm |
| April 2018 | 1.9% | £773pcm |
| April 2017 | 2.1% | £759pcm |
| April 2016 | 4% | £743pcm |
| April 2015 | 2.1% | £715pcm |
| April 2014 | 3.3% | £700pcm |
| April 2013 | 2.6% | £678pcm |
| April 2012 | 1.8% | £661pcm |
| April 2011 | 1.5% | £649pcm |
| April 2010 | 0.5% | £640pcm |
| April 2009 | -4.5% | £636pcm |
| April 2008 | 3.4% | £666pcm |
| April 2007 | 0% | £644pcm |
LN1 2JT is the 87th largest and the 690th most expensive postcode out of the 874 postcodes in the LN1 area.
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The closest station to LN1 2JT is Saxilby station which is 5.8 kilometres away.
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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 LN1 2JT, 42.2% of property is privately owned with a mortgage and 34.2% is privately owned outright.
The graph below shows how this compares to East Midlands 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 LN1 2JT, 14.0% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN1 2JT, the average age was 50.1 and the most common age was 72.
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 LN1 2JT, 0.3% 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 LN1 2JT, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.