LN2 5LA is a residential postcode situated on Monks Road, Lincoln, LN2 with 20 addresses.
It ranks as the 707th largest and 405th most expensive of the 1,092 postcodes in the LN2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 2 houses and 18 flats.
LN2 5LA is a residential postcode situated on Monks Road, Lincoln, LN2 with 20 addresses.
It ranks as the 707th largest and 405th most expensive of the 1,092 postcodes in the LN2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 2 houses and 18 flats.
Sale prices range from £87,419 for 2 bedroom Leasehold flats with a garden (473 ft2) to £245,019 for 2 bedroom Leasehold flats (645 ft2) .
Monthly rental prices range from £596 pcm for 2 bed flats to £1,024 pcm for 2 bed flats.
The gross rental yield is between 5.0% and 8.2%.
The average value per square foot is £415.
The last sale in LN2 5LA sold for £145,000 on 29th June 2015. Since then prices are up an average of 28.7%.
The current average value in the postcode is £169,485.
The LN2 5LA Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £169,485 |
| April 2025 | 3.4% | £172,544 |
| April 2024 | -1.8% | £166,923 |
| April 2023 | 1.5% | £170,059 |
| April 2022 | 6.9% | £167,508 |
| April 2021 | 6.1% | £156,768 |
| April 2020 | 1.9% | £147,693 |
| April 2019 | 4.8% | £144,958 |
| April 2018 | 1.3% | £138,291 |
| April 2017 | 2.8% | £136,570 |
| April 2016 | 3% | £132,814 |
| April 2015 | 4.4% | £128,984 |
| April 2014 | 5.5% | £123,529 |
| April 2013 | 2% | £117,111 |
| April 2012 | -0.8% | £114,831 |
| April 2011 | -1.4% | £115,805 |
| April 2010 | 0.5% | £117,443 |
| April 2009 | -11.2% | £116,801 |
| April 2008 | 1.1% | £131,569 |
| April 2007 | 0% | £130,119 |
The current average rental value in the postcode is £820.
The LN2 5LA Rental Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £820pcm |
| April 2025 | -2.1% | £794pcm |
| April 2024 | 8.1% | £811pcm |
| April 2023 | 9% | £750pcm |
| April 2022 | 0.4% | £688pcm |
| April 2021 | 2% | £685pcm |
| April 2020 | 1.1% | £672pcm |
| April 2019 | 3.4% | £664pcm |
| April 2018 | -0.3% | £642pcm |
| April 2017 | 1.3% | £645pcm |
| April 2016 | 2.1% | £636pcm |
| April 2015 | 2.3% | £623pcm |
| April 2014 | 3.6% | £609pcm |
| April 2013 | 1% | £588pcm |
| April 2012 | 2% | £582pcm |
| April 2011 | 0.9% | £571pcm |
| April 2010 | -3.4% | £566pcm |
| April 2009 | -6% | £586pcm |
| April 2008 | 4.2% | £623pcm |
| April 2007 | 0% | £598pcm |
The last sale was on 29th June 2015 for £145,000 and since then the market in the area has increased by 28.7%. The postcode has had a total of 10 sales since 1995.
LN2 5LA has seen no sales in the last three years and no sales in the last twelve months.
LN2 5LA is the 707th largest and the 405th most expensive postcode out of the 1,092 postcodes in the LN2 area.
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The closest station to LN2 5LA is Lincoln station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around LN2 5LA, 54.6% of property is privately rented and 20.8% is privately owned outright.
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 LN2 5LA, 16.4% of residents are recorded as possessing school level qualifications and 33.2% 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 LN2 5LA, the average age was 34.1 and the most common age was 22.
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 LN2 5LA, 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 LN2 5LA, there are an average of 1.0 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.
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