Cannon Street - LN2 5EG
Key Postcode Insights
LN2 5EG is a residential postcode situated on Cannon Street, Lincoln, LN2 with 31 addresses.
It ranks as the 906th largest and 50th most expensive of the 1,097 postcodes in the LN2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 flats.
- Ave. Sale Price
- £99,117
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £723pcm
- 10 Year change
- up 30.9%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Key Postcode Insights
LN2 5EG is a residential postcode situated on Cannon Street, Lincoln, LN2 with 31 addresses.
It ranks as the 906th largest and 50th most expensive of the 1,097 postcodes in the LN2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 31 properties: 31 flats.
- Ave. Sale Price
- £99,117
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £723pcm
- 10 Year change
- up 30.9%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 8.8%/year/yr
Explore Propertiesin LN2 5EG
- 122 Cannon Street
2 Bed Mid-century Flat
- 123 Cannon Street
2 Bed Mid-century Flat
- 124 Cannon Street
2 Bed Mid-century Flat
- 125 Cannon Street
2 Bed Mid-century Flat
- 126 Cannon Street
2 Bed Mid-century Flat
Sales Market Trends
The last sale in LN2 5EG sold for £120,000 on 16th January 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £99,117.
The LN2 5EG Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £99,117 |
| June 2025 | 2.9% | £100,413 |
| June 2024 | -0.7% | £97,568 |
| June 2023 | -0.4% | £98,226 |
| June 2022 | 6.4% | £98,670 |
| June 2021 | 6.4% | £92,762 |
| June 2020 | 1.6% | £87,182 |
| June 2019 | 3.2% | £85,788 |
| June 2018 | 1.9% | £83,145 |
| June 2017 | 2.6% | £81,591 |
| June 2016 | 3.1% | £79,488 |
| June 2015 | 3.3% | £77,101 |
| June 2014 | 5.5% | £74,644 |
| June 2013 | 2.1% | £70,757 |
| June 2012 | -1.3% | £69,289 |
| June 2011 | -1% | £70,232 |
| June 2010 | 0.8% | £70,935 |
| June 2009 | -10.6% | £70,378 |
| June 2008 | -0.9% | £78,764 |
| June 2007 | 0% | £79,474 |
Rental Market Trends
The current average rental value in the postcode is £723.
The LN2 5EG Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £723pcm |
| June 2025 | -2.2% | £693pcm |
| June 2024 | 9% | £709pcm |
| June 2023 | 8.5% | £650pcm |
| June 2022 | 1.7% | £599pcm |
| June 2021 | 1.8% | £590pcm |
| June 2020 | 0.7% | £579pcm |
| June 2019 | 3.6% | £575pcm |
| June 2018 | -0.2% | £555pcm |
| June 2017 | 0.8% | £557pcm |
| June 2016 | 2.6% | £552pcm |
| June 2015 | 1.7% | £538pcm |
| June 2014 | 3% | £529pcm |
| June 2013 | 1.1% | £514pcm |
| June 2012 | 1.5% | £508pcm |
| June 2011 | 1.3% | £501pcm |
| June 2010 | -2.9% | £494pcm |
| June 2009 | -7.1% | £509pcm |
| June 2008 | 2.8% | £547pcm |
| June 2007 | 0% | £532pcm |
Sales History
The last sale was on 16th January 2025 for £120,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 2 sales since 1995.
LN2 5EG has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
LN2 5EG is the 906th largest and the 50th most expensive postcode out of the 1,097 postcodes in the LN2 area.
- LN2 5EQ, Cannon Street, Lincoln, LN2LN2 5EQ29 Addresses|49 m away
- LN2 5ED, Cannon Street, Lincoln, LN2LN2 5ED26 Addresses|60 m away
- LN2 5EF, Cannon Street, Lincoln, LN2LN2 5EF41 Addresses|76 m away
- LN2 5DU, Fenton Place, Lincoln, LN2LN2 5DU6 Addresses|82 m away
- LN2 5EL, Winn Street, Lincoln, LN2LN2 5EL12 Addresses|83 m away
Property Types
- 28 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (28)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (1)
- C (15)
- G (0)
- D (11)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jan 2025£120,000 | 2 Bed Flat134, Cannon Street, Lincoln, LN2 5EG134, Cannon Street, Lincoln, LN2 5EG
- Sold May 2023£100,000 | 2 Bed Flat158, Cannon Street, Lincoln, LN2 5EQ158, Cannon Street, Lincoln, LN2 5EQ
- Sold Sep 2006£80,000 | 2 Bed Flat153, Cannon Street, Lincoln, LN2 5EQ153, Cannon Street, Lincoln, LN2 5EQ
Schools Nearby
- Lincoln Monks Abbey Primary School400 m away
- The Lincoln St Peter-In-Eastgate Church of England Infants Academy700 m away
- The Lincoln Bishop King Church of England Primary School1.2 km away
- Lincoln UTC600 m away
- Lincoln Christ's Hospital School1.3 km away
- Lincoln Castle Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to LN2 5EG is Lincoln station, which is 800 metres away.
- Lincoln|800 m away
- Hykeham|6.0 km away
- Saxilby|10.0 km away
- Swinderby|13.4 km away