LN2 5LG is a residential postcode situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 66th largest and 42nd 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 2 properties: 2 flats.
LN2 5LG is a residential postcode situated on Monks Road, Lincoln, LN2 with 2 addresses.
It ranks as the 66th largest and 42nd 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 2 properties: 2 flats.
Sale prices range from £87,419 for 2 bedroom Leasehold flats with a garden (678 ft2) to £97,452 for 2 bedroom Leasehold flats (828 ft2) .
Monthly rental prices range from £596 pcm for 2 bed flats to £634 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.2%.
The average value per square foot is £123.
The last sale in LN2 5LG sold for £47,000 on 28th March 2002. Since then prices are down an average of 0.0%.
The current average value in the postcode is £92,435.
The LN2 5LG Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £92,435 |
| April 2025 | 2.2% | £93,951 |
| April 2024 | -0.5% | £91,908 |
| April 2023 | 1% | £92,379 |
| April 2022 | 5.5% | £91,438 |
| April 2021 | 5.2% | £86,688 |
| April 2020 | 2.6% | £82,411 |
| April 2019 | 5.5% | £80,350 |
| April 2018 | 0% | £76,165 |
| April 2017 | 3.2% | £76,163 |
| April 2016 | 2.1% | £73,772 |
| April 2015 | 4.7% | £72,244 |
| April 2014 | 4.1% | £68,972 |
| April 2013 | 1.9% | £66,234 |
| April 2012 | -1.2% | £65,011 |
| April 2011 | -0.4% | £65,802 |
| April 2010 | 0.6% | £66,062 |
| April 2009 | -11.4% | £65,668 |
| April 2008 | 0.9% | £74,151 |
| April 2007 | 0% | £73,479 |
The current average rental value in the postcode is £615.
The LN2 5LG Rental Market has increased by 25.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £615pcm |
| April 2025 | -2.9% | £595pcm |
| April 2024 | 8.4% | £613pcm |
| April 2023 | 9.1% | £566pcm |
| April 2022 | -1.1% | £518pcm |
| April 2021 | 1.6% | £524pcm |
| April 2020 | 1.2% | £516pcm |
| April 2019 | 3.5% | £510pcm |
| April 2018 | -0.5% | £493pcm |
| April 2017 | 1.3% | £495pcm |
| April 2016 | 1.9% | £489pcm |
| April 2015 | 2% | £480pcm |
| April 2014 | 3.2% | £470pcm |
| April 2013 | 0.5% | £455pcm |
| April 2012 | 2% | £453pcm |
| April 2011 | 1.1% | £444pcm |
| April 2010 | -3.9% | £440pcm |
| April 2009 | -6% | £458pcm |
| April 2008 | 3.8% | £487pcm |
| April 2007 | 0% | £469pcm |
The last sale was on 28th March 2002 for £47,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
LN2 5LG has seen no sales in the last three years and no sales in the last twelve months.
LN2 5LG is the 66th largest and the 42nd most expensive postcode out of the 1,092 postcodes in the LN2 area.
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The closest station to LN2 5LG is Lincoln station which is 1.8 kilometres away.
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