LN3 4RP is a residential postcode situated on Allenby Close, Lincoln, LN3 with 61 addresses.
It ranks as the 281st largest and 2nd 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 61 properties: 38 houses and 23 flats.
LN3 4RP is a residential postcode situated on Allenby Close, Lincoln, LN3 with 61 addresses.
It ranks as the 281st largest and 2nd 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 61 properties: 38 houses and 23 flats.
Sale prices range from £44,642 for 2 bedroom leasehold flats (678 ft2) to £107,569 for 3 bedroom leasehold houses with a garden (1,248 ft2) .
Monthly rental prices range from £290 pcm for 2 bed flats to £532 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.8%.
The average value per square foot is £89.
The last sale in LN3 4RP sold for £96,000 on 20th June 2022. Since then prices are down an average of 0.1%.
The current average value in the postcode is £76,002.
The LN3 4RP Sales Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £76,002 |
| April 2025 | 3% | £77,624 |
| April 2024 | -1.2% | £75,386 |
| April 2023 | 1.6% | £76,264 |
| April 2022 | 7.4% | £75,098 |
| April 2021 | 5.9% | £69,912 |
| April 2020 | 2.3% | £66,015 |
| April 2019 | 5% | £64,512 |
| April 2018 | 1.4% | £61,453 |
| April 2017 | 3.7% | £60,605 |
| April 2016 | 3.4% | £58,432 |
| April 2015 | 5.3% | £56,517 |
| April 2014 | 5.3% | £53,687 |
| April 2013 | 2.8% | £50,991 |
| April 2012 | -1.1% | £49,590 |
| April 2011 | -0.7% | £50,140 |
| April 2010 | 3.2% | £50,479 |
| April 2009 | -11.6% | £48,931 |
| April 2008 | -0.2% | £55,361 |
| April 2007 | 0% | £55,460 |
The current average rental value in the postcode is £410.
The LN3 4RP Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £410pcm |
| April 2025 | -1.2% | £398pcm |
| April 2024 | 7.6% | £403pcm |
| April 2023 | 8.9% | £375pcm |
| April 2022 | 1.3% | £344pcm |
| April 2021 | 2.1% | £340pcm |
| April 2020 | 0.8% | £333pcm |
| April 2019 | 3.1% | £330pcm |
| April 2018 | 0.3% | £320pcm |
| April 2017 | 2% | £319pcm |
| April 2016 | 2.5% | £313pcm |
| April 2015 | 2.6% | £306pcm |
| April 2014 | 4% | £298pcm |
| April 2013 | 1.7% | £286pcm |
| April 2012 | 1.9% | £282pcm |
| April 2011 | 1.5% | £276pcm |
| April 2010 | -0.9% | £272pcm |
| April 2009 | -6.1% | £275pcm |
| April 2008 | 3.2% | £293pcm |
| April 2007 | 0% | £284pcm |
The last sale was on 20th June 2022 for £96,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 8 sales since 1995.
LN3 4RP has seen no sales in the last three years and no sales in the last twelve months.
LN3 4RP is the 281st largest and the 2nd most expensive postcode out of the 286 postcodes in the LN3 area.
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The closest station to LN3 4RP is Lincoln station which is 2.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN3 4RP, 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 4RP, 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 4RP, 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 4RP, 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 4RP, 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.