LN12 2PB is a residential postcode situated on Grift Bank, Mablethorpe, LN12 with 17 addresses.
It ranks as the 1270th largest and 431st most expensive of the 1,818 postcodes in the LN12 area.
The postcode contains a total of 17 properties: 17 houses.
LN12 2PB is a residential postcode situated on Grift Bank, Mablethorpe, LN12 with 17 addresses.
It ranks as the 1270th largest and 431st most expensive of the 1,818 postcodes in the LN12 area.
The postcode contains a total of 17 properties: 17 houses.
Sale prices range from £116,042 for 2 bedroom freehold houses with a garden (452 ft2) to £527,143 for 5 bedroom freehold houses with a garden (2,615 ft2) .
Monthly rental prices range from £638 pcm for 2 bed houses to £1,829 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 6.6%.
The average value per square foot is £198.
The last sale in LN12 2PB sold for £140,000 on 5th April 2024. Since then prices are down an average of 2.8%.
The current average value in the postcode is £180,851.
The LN12 2PB Sales Market has increased by 44.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £180,851 |
| April 2025 | 0.2% | £187,457 |
| April 2024 | -2.4% | £187,088 |
| April 2023 | 2.9% | £191,632 |
| April 2022 | 16.2% | £186,278 |
| April 2021 | 8.4% | £160,334 |
| April 2020 | 0.3% | £147,861 |
| April 2019 | 5.5% | £147,361 |
| April 2018 | 4.6% | £139,646 |
| April 2017 | 6.8% | £133,445 |
| April 2016 | 4.2% | £124,970 |
| April 2015 | 4.9% | £119,975 |
| April 2014 | 3.5% | £114,372 |
| April 2013 | -0.1% | £110,462 |
| April 2012 | -0.1% | £110,595 |
| April 2011 | -2.9% | £110,693 |
| April 2010 | 2% | £114,005 |
| April 2009 | -7.3% | £111,739 |
| April 2008 | -1% | £120,475 |
| April 2007 | 0% | £121,699 |
The current average rental value in the postcode is £913.
The LN12 2PB Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £913pcm |
| April 2025 | 4.2% | £887pcm |
| April 2024 | 5.9% | £851pcm |
| April 2023 | 6.9% | £803pcm |
| April 2022 | 8.9% | £752pcm |
| April 2021 | 2.7% | £690pcm |
| April 2020 | 2% | £672pcm |
| April 2019 | 1.1% | £658pcm |
| April 2018 | 2.1% | £651pcm |
| April 2017 | 2.8% | £638pcm |
| April 2016 | 3% | £620pcm |
| April 2015 | 0.8% | £602pcm |
| April 2014 | 3.6% | £597pcm |
| April 2013 | 0.6% | £577pcm |
| April 2012 | 0.8% | £574pcm |
| April 2011 | 2.3% | £569pcm |
| April 2010 | 2.8% | £557pcm |
| April 2009 | -0.9% | £541pcm |
| April 2008 | -5.9% | £546pcm |
| April 2007 | 0% | £580pcm |
The last sale was on 5th April 2024 for £140,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 26 sales since 1995.
LN12 2PB has seen 3 sales in the last three years and no sales in the last twelve months.
LN12 2PB is the 1270th largest and the 431st most expensive postcode out of the 1,818 postcodes in the LN12 area.
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The closest station to LN12 2PB is Skegness station which is 21.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN12 2PB, % of property is and % is .
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 LN12 2PB, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 LN12 2PB, 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 LN12 2PB, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.