LN3 4RJ is a residential postcode situated on Allenby Close, Lincoln, LN3 with 75 addresses.
It ranks as the 284th largest and 54th most expensive of the 286 postcodes in the LN3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 75 properties: 47 houses and 28 flats.
LN3 4RJ is a residential postcode situated on Allenby Close, Lincoln, LN3 with 75 addresses.
It ranks as the 284th largest and 54th most expensive of the 286 postcodes in the LN3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 75 properties: 47 houses and 28 flats.
Sale prices range from £109,598 for 2 bedroom leasehold flats (548 ft2) to £210,722 for 3 bedroom leasehold houses with a garden (1,248 ft2) .
Monthly rental prices range from £590 pcm for 2 bed flats to £1,042 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.7%.
The average value per square foot is £181.
The last sale in LN3 4RJ sold for £188,000 on 31st May 2024. Since then prices are up an average of 0.3%.
The current average value in the postcode is £165,709.
The LN3 4RJ Sales Market has increased by 32.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £165,709 |
| April 2025 | 3.3% | £169,100 |
| April 2024 | -1.3% | £163,752 |
| April 2023 | 1.7% | £165,942 |
| April 2022 | 8.1% | £163,156 |
| April 2021 | 6.3% | £150,899 |
| April 2020 | 2.3% | £141,949 |
| April 2019 | 5.1% | £138,751 |
| April 2018 | 1.6% | £132,045 |
| April 2017 | 3.8% | £129,948 |
| April 2016 | 3.5% | £125,233 |
| April 2015 | 5.6% | £121,027 |
| April 2014 | 5.9% | £114,662 |
| April 2013 | 3.1% | £108,258 |
| April 2012 | -1% | £104,993 |
| April 2011 | -0.8% | £106,100 |
| April 2010 | 3.3% | £106,985 |
| April 2009 | -11.7% | £103,566 |
| April 2008 | -0.4% | £117,333 |
| April 2007 | 0% | £117,813 |
The current average rental value in the postcode is £848.
The LN3 4RJ Rental Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £848pcm |
| April 2025 | -0.9% | £823pcm |
| April 2024 | 7.4% | £831pcm |
| April 2023 | 9.1% | £773pcm |
| April 2022 | 1.9% | £709pcm |
| April 2021 | 2.5% | £696pcm |
| April 2020 | 0.7% | £679pcm |
| April 2019 | 3.2% | £674pcm |
| April 2018 | 0.5% | £653pcm |
| April 2017 | 2% | £650pcm |
| April 2016 | 2.6% | £637pcm |
| April 2015 | 2.9% | £621pcm |
| April 2014 | 4.6% | £603pcm |
| April 2013 | 2% | £577pcm |
| April 2012 | 1.9% | £565pcm |
| April 2011 | 1.3% | £555pcm |
| April 2010 | -0.8% | £548pcm |
| April 2009 | -6.2% | £552pcm |
| April 2008 | 2.9% | £589pcm |
| April 2007 | 0% | £572pcm |
The last sale was on 31st May 2024 for £188,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 24 sales since 1995.
LN3 4RJ has seen 5 sales in the last three years and no sales in the last twelve months.
LN3 4RJ is the 284th largest and the 54th most expensive postcode out of the 286 postcodes in the LN3 area.
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The closest station to LN3 4RJ is Lincoln station which is 2.3 kilometres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around LN3 4RJ, 64.4% of property is socially rented and 16.6% is shared ownership.
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 LN3 4RJ, 39.1% of residents are recorded as possessing school level qualifications and 26.3% 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 LN3 4RJ, 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 LN3 4RJ, 0.6% 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 LN3 4RJ, 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.