LN11 7PD is a residential postcode situated on Marsh Lane, North Somercotes, Louth, LN11 with 12 addresses.
It ranks as the 1021st largest and 1501st most expensive of the 1,818 postcodes in the LN11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 10 houses and 2 flats.
LN11 7PD is a residential postcode situated on Marsh Lane, North Somercotes, Louth, LN11 with 12 addresses.
It ranks as the 1021st largest and 1501st most expensive of the 1,818 postcodes in the LN11 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 10 houses and 2 flats.
Sale prices range from £83,011 for 2 bedroom leasehold flats (592 ft2) to £399,476 for 4 bedroom freehold houses with a garden (1,431 ft2) .
Monthly rental prices range from £403 pcm for 2 bed flats to £1,377 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 5.8%.
The average value per square foot is £279.
The last sale in LN11 7PD sold for £420,000 on 5th February 2024. Since then prices are down an average of 2.1%.
The current average value in the postcode is £302,199.
The LN11 7PD Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £302,199 |
| April 2025 | 0.7% | £311,565 |
| April 2024 | -1.6% | £309,313 |
| April 2023 | 1.4% | £314,374 |
| April 2022 | 13.4% | £310,047 |
| April 2021 | 7.6% | £273,357 |
| April 2020 | 0.7% | £254,076 |
| April 2019 | 4.8% | £252,252 |
| April 2018 | 3.6% | £240,659 |
| April 2017 | 4.7% | £232,406 |
| April 2016 | 4.4% | £221,952 |
| April 2015 | 3.5% | £212,544 |
| April 2014 | 3.3% | £205,448 |
| April 2013 | -0.1% | £198,898 |
| April 2012 | -0.9% | £199,067 |
| April 2011 | -3.9% | £200,787 |
| April 2010 | 1.2% | £208,960 |
| April 2009 | -8% | £206,472 |
| April 2008 | -0.4% | £224,544 |
| April 2007 | 0% | £225,532 |
The current average rental value in the postcode is £1,119.
The LN11 7PD Rental Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,119pcm |
| April 2025 | 4% | £1,085pcm |
| April 2024 | 6.5% | £1,044pcm |
| April 2023 | 6.1% | £980pcm |
| April 2022 | 8.2% | £924pcm |
| April 2021 | 1.7% | £854pcm |
| April 2020 | 1.9% | £840pcm |
| April 2019 | 1.2% | £825pcm |
| April 2018 | 1.5% | £815pcm |
| April 2017 | 1.7% | £803pcm |
| April 2016 | 2.2% | £790pcm |
| April 2015 | 0.1% | £773pcm |
| April 2014 | 2.7% | £772pcm |
| April 2013 | -0.4% | £752pcm |
| April 2012 | 0.5% | £755pcm |
| April 2011 | 1.7% | £751pcm |
| April 2010 | 2.1% | £738pcm |
| April 2009 | -0.7% | £723pcm |
| April 2008 | -6.8% | £728pcm |
| April 2007 | 0% | £782pcm |
The last sale was on 5th February 2024 for £420,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 6 sales since 1995.
LN11 7PD has seen 2 sales in the last three years and no sales in the last twelve months.
LN11 7PD is the 1021st largest and the 1501st most expensive postcode out of the 1,818 postcodes in the LN11 area.
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The closest station to LN11 7PD is Cleethorpes station which is 15.2 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 LN11 7PD, 60.2% of property is privately owned outright and 23.7% is privately rented.
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 LN11 7PD, 12.5% of residents are recorded as possessing school level qualifications and 19.7% 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 LN11 7PD, the average age was 48.5 and the most common age was 62.
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 LN11 7PD, 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 LN11 7PD, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.