Cannon Street - LN2 5EQ
Key Postcode Insights
LN2 5EQ is a residential postcode situated on Cannon Street, Lincoln, LN2 with 29 addresses.
It ranks as the 878th largest and 41st 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 29 properties: 29 flats.
- Ave. Sale Price
- £89,864
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £686pcm
- 10 Year change
- up 30.9%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Key Postcode Insights
LN2 5EQ is a residential postcode situated on Cannon Street, Lincoln, LN2 with 29 addresses.
It ranks as the 878th largest and 41st 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 29 properties: 29 flats.
- Ave. Sale Price
- £89,864
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £686pcm
- 10 Year change
- up 30.9%
- Ave. £ per ft²
- £130/ft²
- Ave. Gross Yield
- 9.2%/year/yr
Explore Propertiesin LN2 5EQ
- 153 Cannon Street
2 Bed Flat
- 154 Cannon Street
3 Bed Mid-century Flat
- 155 Cannon Street
2 Bed Mid-century Flat
- 156 Cannon Street
2 Bed Mid-century Flat
- 157 Cannon Street
Unknown
Sales Market Trends
The last sale in LN2 5EQ sold for £100,000 on 31st May 2023. Since then prices are up an average of 0.6%.
The current average value in the postcode is £89,864.
The LN2 5EQ Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £89,864 |
| June 2025 | 2.9% | £91,037 |
| June 2024 | -0.7% | £88,464 |
| June 2023 | -0.5% | £89,068 |
| June 2022 | 6.4% | £89,473 |
| June 2021 | 6.4% | £84,131 |
| June 2020 | 1.6% | £79,089 |
| June 2019 | 3.2% | £77,831 |
| June 2018 | 1.9% | £75,445 |
| June 2017 | 2.7% | £74,030 |
| June 2016 | 3.1% | £72,115 |
| June 2015 | 3.3% | £69,954 |
| June 2014 | 5.5% | £67,725 |
| June 2013 | 2.1% | £64,197 |
| June 2012 | -1.3% | £62,873 |
| June 2011 | -1% | £63,732 |
| June 2010 | 0.9% | £64,353 |
| June 2009 | -10.6% | £63,809 |
| June 2008 | -1% | £71,393 |
| June 2007 | 0% | £72,083 |
Rental Market Trends
The current average rental value in the postcode is £686.
The LN2 5EQ Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £686pcm |
| June 2025 | -2.2% | £657pcm |
| June 2024 | 9% | £672pcm |
| June 2023 | 8.5% | £617pcm |
| June 2022 | 1.6% | £568pcm |
| June 2021 | 1.7% | £559pcm |
| June 2020 | 0.7% | £550pcm |
| June 2019 | 3.6% | £546pcm |
| June 2018 | -0.2% | £527pcm |
| June 2017 | 0.8% | £528pcm |
| June 2016 | 2.6% | £524pcm |
| June 2015 | 1.7% | £511pcm |
| June 2014 | 3% | £502pcm |
| June 2013 | 1.1% | £488pcm |
| June 2012 | 1.5% | £482pcm |
| June 2011 | 1.3% | £475pcm |
| June 2010 | -2.8% | £469pcm |
| June 2009 | -7% | £482pcm |
| June 2008 | 2.8% | £519pcm |
| June 2007 | 0% | £505pcm |
Sales History
The last sale was on 31st May 2023 for £100,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 8 sales since 1995.
LN2 5EQ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£100,000 | 2 Bed Flat158, Cannon Street, Lincoln, LN2 5EQ158, Cannon Street, Lincoln, LN2 5EQ
- Sold Sep 2018£80,000 | 2 Bed Flat156, Cannon Street, Lincoln, LN2 5EQ156, Cannon Street, Lincoln, LN2 5EQ
- Sold Jul 2016£79,000 | 2 Bed Flat153, Cannon Street, Lincoln, LN2 5EQ153, Cannon Street, Lincoln, LN2 5EQ
- Sold Sep 2006£80,000 | 2 Bed Flat153, Cannon Street, Lincoln, LN2 5EQ153, Cannon Street, Lincoln, LN2 5EQ
- Sold Jul 2005£35,085 | 2 Bed Flat158, Cannon Street, Lincoln, LN2 5EQ158, Cannon Street, Lincoln, LN2 5EQ
Nearby Postcodes
LN2 5EQ is the 878th largest and the 41st most expensive postcode out of the 1,097 postcodes in the LN2 area.
- LN2 5ED, Cannon Street, Lincoln, LN2LN2 5ED26 Addresses|45 m away
- LN2 5EG, Cannon Street, Lincoln, LN2LN2 5EG31 Addresses|49 m away
- LN2 5EH, Cannon Street, Lincoln, LN2LN2 5EH41 Addresses|67 m away
- LN2 5DU, Fenton Place, Lincoln, LN2LN2 5DU6 Addresses|92 m away
- LN2 5EZ, Napier Street, Lincoln, LN2LN2 5EZ30 Addresses|95 m away
Property Types
- 22 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 6 other addresses of unknown type
- mid-century flat (22)
- flat (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (11)
- G (0)
- D (10)
- No EPC (6)
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 Academy800 m away
- The Lincoln Bishop King Church of England Primary School1.3 km away
- Lincoln UTC600 m away
- Lincoln Christ's Hospital School1.2 km away
- Lincoln Castle Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to LN2 5EQ is Lincoln station, which is 900 metres away.
- Lincoln|900 m away
- Hykeham|6.0 km away
- Saxilby|10.0 km away
- Swinderby|13.4 km away
