LN12 2RW is a residential postcode situated on Alford Road, Sutton-On-Sea, Mablethorpe, LN12 with 3 addresses.
It ranks as the 268th largest and 793rd most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
LN12 2RW is a residential postcode situated on Alford Road, Sutton-On-Sea, Mablethorpe, LN12 with 3 addresses.
It ranks as the 268th largest and 793rd most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £209,991 for 2 bedroom freehold houses with a garden (688 ft2) to £404,154 for 5 bedroom freehold houses with a garden (2,174 ft2) .
Monthly rental prices range from £837 pcm for 2 bed houses to £1,460 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 4.8%.
The average value per square foot is £305.
The last sale in LN12 2RW sold for £370,000 on 26th June 2020. Since then prices are up an average of 21.3%.
The current average value in the postcode is £274,712.
The LN12 2RW Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.6% | £274,712 |
| April 2025 | 0.1% | £284,848 |
| April 2024 | -2.4% | £284,611 |
| April 2023 | 3.1% | £291,757 |
| April 2022 | 16% | £282,989 |
| April 2021 | 8.4% | £244,024 |
| April 2020 | 0.4% | £225,169 |
| April 2019 | 5.6% | £224,204 |
| April 2018 | 4.3% | £212,345 |
| April 2017 | 7.1% | £203,586 |
| April 2016 | 3.9% | £190,078 |
| April 2015 | 4.7% | £182,904 |
| April 2014 | 3.7% | £174,751 |
| April 2013 | 0% | £168,505 |
| April 2012 | -0.4% | £168,508 |
| April 2011 | -2.7% | £169,107 |
| April 2010 | 1.8% | £173,851 |
| April 2009 | -7.2% | £170,800 |
| April 2008 | -1% | £184,143 |
| April 2007 | 0% | £186,065 |
The current average rental value in the postcode is £1,045.
The LN12 2RW Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,045pcm |
| April 2025 | 4.4% | £1,015pcm |
| April 2024 | 5.7% | £972pcm |
| April 2023 | 7.1% | £920pcm |
| April 2022 | 8.8% | £859pcm |
| April 2021 | 2.8% | £790pcm |
| April 2020 | 2% | £768pcm |
| April 2019 | 0.9% | £753pcm |
| April 2018 | 2.1% | £746pcm |
| April 2017 | 3% | £731pcm |
| April 2016 | 3.3% | £710pcm |
| April 2015 | 1% | £687pcm |
| April 2014 | 3.4% | £680pcm |
| April 2013 | 1% | £658pcm |
| April 2012 | 0.7% | £652pcm |
| April 2011 | 2.5% | £647pcm |
| April 2010 | 2.8% | £631pcm |
| April 2009 | -1.4% | £614pcm |
| April 2008 | -5% | £623pcm |
| April 2007 | 0% | £656pcm |
The last sale was on 26th June 2020 for £370,000 and since then the market in the area has increased by 21.3%. The postcode has had a total of 3 sales since 1995.
LN12 2RW has seen no sales in the last three years and no sales in the last twelve months.
LN12 2RW is the 268th largest and the 793rd most expensive postcode out of the 1,818 postcodes in the LN12 area.
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The closest station to LN12 2RW is Skegness station which is 18.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN12 2RW, 73.6% of property is privately owned outright and 13.5% is privately owned with a mortgage.
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 2RW, 7.4% of residents are recorded as possessing school level qualifications and 20.7% 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 LN12 2RW, the average age was 58.4 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 LN12 2RW, 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 2RW, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.