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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LN12 2GTHouse Prices / East Midlands, East Lindsey, Painters Way
Last updated May 2026
Key Postcode Insights
LN12 2GT is a residential postcode situated on Painters Way, Sutton-On-Sea, Mablethorpe, LN12 with 4 addresses.
It ranks as the 388th largest and 1004th most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
LN12 2GT is a residential postcode situated on Painters Way, Sutton-On-Sea, Mablethorpe, LN12 with 4 addresses.
It ranks as the 388th largest and 1004th most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin LN12 2GT
Sale prices range from £228,805 for 2 bedroom freehold houses with a garden (635 ft2) to £308,850 for 3 bedroom freehold houses with a garden (1,022 ft2) .
Monthly rental prices range from £880 pcm for 2 bed houses to £1,131 pcm for 3 bed houses.
The gross rental yield is between 4.4% and 4.6%.
The average value per square foot is £360.
Average Sale Value
£249,187
Average Rental Value
£944 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£360 /ft2
Sales Market Trendsin LN12 2GT
The last sale in LN12 2GT sold for £222,500 on 9th December 2024. Since then prices are down an average of 2.7%.
The current average value in the postcode is £249,187.
The LN12 2GT Sales Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £249,187 |
| April 2025 | 0.1% | £257,106 |
| April 2024 | -2.5% | £256,747 |
| April 2023 | 2.9% | £263,362 |
| April 2022 | 16.1% | £255,925 |
| April 2021 | 8.4% | £220,379 |
| April 2020 | 0.4% | £203,287 |
| April 2019 | 5.3% | £202,390 |
| April 2018 | 4.1% | £192,213 |
| April 2017 | 6.7% | £184,625 |
| April 2016 | 3.9% | £173,001 |
| April 2015 | 4.5% | £166,451 |
| April 2014 | 3.9% | £159,283 |
| April 2013 | -0.4% | £153,355 |
| April 2012 | -0.7% | £153,936 |
| April 2011 | -2.9% | £155,024 |
| April 2010 | 1.4% | £159,666 |
| April 2009 | -7.6% | £157,388 |
| April 2008 | -1.7% | £170,285 |
| April 2007 | 0% | £173,271 |
Rental Market Trendsin LN12 2GT
The current average rental value in the postcode is £944.
The LN12 2GT Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £944pcm |
| April 2025 | 4.4% | £912pcm |
| April 2024 | 5.6% | £874pcm |
| April 2023 | 6.9% | £827pcm |
| April 2022 | 8.9% | £774pcm |
| April 2021 | 2.8% | £711pcm |
| April 2020 | 2.1% | £691pcm |
| April 2019 | 0.7% | £677pcm |
| April 2018 | 1.9% | £673pcm |
| April 2017 | 2.6% | £660pcm |
| April 2016 | 3.3% | £643pcm |
| April 2015 | 0.8% | £623pcm |
| April 2014 | 3.5% | £618pcm |
| April 2013 | 0.6% | £597pcm |
| April 2012 | 0.3% | £593pcm |
| April 2011 | 2.3% | £591pcm |
| April 2010 | 2.4% | £578pcm |
| April 2009 | -1.8% | £564pcm |
| April 2008 | -5.6% | £574pcm |
| April 2007 | 0% | £608pcm |
Explore Propertiesin LN12 2GT, Painters Way, Sutton-On-Sea, Mablethorpe, LN12
Sales Historyin LN12 2GT
The last sale was on 9th December 2024 for £222,500 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 7 sales since 1995.
LN12 2GT has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Dec 2024£222,500 | 2 Bed HousePainters Way1A, Painters Way, Mablethorpe, LN12 2GT
Sold Jun 2023£260,000 | 2 Bed HousePainters Way3, Painters Way, Mablethorpe, LN12 2GT
Sold Jan 2017£159,950 | 2 Bed HousePainters Way1, Painters Way, Mablethorpe, LN12 2GT
Sold Nov 2012£210,000 | 3 Bed HousePainters Way2, Painters Way, Mablethorpe, LN12 2GT
Sold Sep 2007£153,000 | 2 Bed HousePainters Way1, Painters Way, Mablethorpe, LN12 2GT
Sold Mar 2005£131,000 | 2 Bed HousePainters Way1A, Painters Way, Mablethorpe, LN12 2GT
Sold Jan 2005£134,000 | 2 Bed HousePainters Way1, Painters Way, Mablethorpe, LN12 2GT
Nearby Postcodesto LN12 2GT
LN12 2GT is the 388th largest and the 1004th most expensive postcode out of the 1,818 postcodes in the LN12 area.
- 57 mLN12 2GR, Acorn Close, Sutton-On-Sea, Mablethorpe, LN12LN12 2GR8 Addresses
- 58 mLN12 2GS, Tramway Drive, Sutton-On-Sea, Mablethorpe, LN12LN12 2GS11 Addresses
- 86 mLN12 2TY, Marine Avenue, Sutton-On-Sea, Mablethorpe, LN12LN12 2TY9 Addresses
- 135 mLN12 2NB, Harding Close, Sutton-On-Sea, Mablethorpe, LN12LN12 2NB28 Addresses
- 138 mLN12 2TU, Hanson Drive, Sutton-On-Sea, Mablethorpe, LN12LN12 2TU6 Addresses
- 140 mLN12 2TX, Marine Avenue West, Sutton-On-Sea, Mablethorpe, LN12LN12 2TX41 Addresses
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Property Typesin LN12 2GT
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiencyof properties in LN12 2GT
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Saleson Painters Way
Schools Nearbyto LN12 2GT
The nearest primary school to LN12 2GT is Sutton-on-Sea Community Primary School which is 685 metres away.
- 685mSutton-on-Sea Community Primary School
- 3.3kmMablethorpe Primary Academy
- 5.6kmHuttoft Primary & Nursery School
The nearest secondary school is John Spendluffe Foundation Technology College which is 8.6 kilometres away.
- 8.6kmJohn Spendluffe Foundation Technology College
- 9.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 17.5kmSomercotes Academy
More reading links
Public Transport Nearbyto LN12 2GT
The closest station to LN12 2GT is Skegness station which is 19.3 kilometres away.
- 19.3kmSkegness
- 21.8kmThorpe Culvert
- 22.1kmHavenhouse
- 23.3kmWainfleet
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