Prospect Place - LN8 3AS
Key Postcode Insights
LN8 3AS is a residential postcode situated on Prospect Place, Market Rasen, LN8 with 33 addresses.
It ranks as the 849th largest and 66th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 33 properties: 28 houses and 5 flats.
- Ave. Sale Price
- £124,632
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £697pcm
- 10 Year change
- up 40.0%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
LN8 3AS is a residential postcode situated on Prospect Place, Market Rasen, LN8 with 33 addresses.
It ranks as the 849th largest and 66th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 33 properties: 28 houses and 5 flats.
- Ave. Sale Price
- £124,632
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £697pcm
- 10 Year change
- up 40.0%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin LN8 3AS
- Prospect House
Period Building | 5 Units
- 1 Prospect Place
3 Bed Period House
- 2 Prospect Place
Unknown
- 3A Prospect Place
3 Bed Period House
- 6 Prospect Place
3 Bed Period House
Sales Market Trends
The last sale in LN8 3AS sold for £129,000 on 13th March 2026. Since then prices are up an average of 1.8%.
The current average value in the postcode is £124,632.
The LN8 3AS Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £124,632 |
| June 2025 | -1.7% | £124,680 |
| June 2024 | 1.7% | £126,773 |
| June 2023 | -0.1% | £124,614 |
| June 2022 | 12.1% | £124,788 |
| June 2021 | 4% | £111,364 |
| June 2020 | 2.2% | £107,032 |
| June 2019 | 6.4% | £104,712 |
| June 2018 | 2.8% | £98,389 |
| June 2017 | 5.5% | £95,719 |
| June 2016 | -1.3% | £90,720 |
| June 2015 | 5.1% | £91,941 |
| June 2014 | 5.9% | £87,446 |
| June 2013 | -2.1% | £82,602 |
| June 2012 | 0.4% | £84,355 |
| June 2011 | -4.7% | £83,979 |
| June 2010 | 3.5% | £88,144 |
| June 2009 | -9.9% | £85,174 |
| June 2008 | -3.9% | £94,542 |
| June 2007 | 0% | £98,372 |
Rental Market Trends
The current average rental value in the postcode is £697.
The LN8 3AS Rental Market has increased by 40.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £697pcm |
| June 2025 | 2.5% | £663pcm |
| June 2024 | 7.1% | £647pcm |
| June 2023 | 5.4% | £604pcm |
| June 2022 | 7.9% | £573pcm |
| June 2021 | 3% | £531pcm |
| June 2020 | 1.1% | £516pcm |
| June 2019 | 1.4% | £510pcm |
| June 2018 | 0% | £503pcm |
| June 2017 | 1% | £503pcm |
| June 2016 | 1.2% | £498pcm |
| June 2015 | -0.6% | £492pcm |
| June 2014 | 4.1% | £495pcm |
| June 2013 | -2.8% | £475pcm |
| June 2012 | 0.6% | £489pcm |
| June 2011 | 1% | £486pcm |
| June 2010 | 0.4% | £482pcm |
| June 2009 | -1.2% | £480pcm |
| June 2008 | -8.8% | £485pcm |
| June 2007 | 0% | £532pcm |
Sales History
The last sale was on 13th March 2026 for £129,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 61 sales since 1995.
LN8 3AS has seen 7 sales in the last three years and 3 sales in the last twelve months.
- Sold Mar 2026£129,000 | 3 Bed House27, Prospect Place, Market Rasen, LN8 3AS27, Prospect Place, Market Rasen, LN8 3AS
- Sold Jan 2026£82,900 | 3 Bed House29, Prospect Place, Market Rasen, LN8 3AS29, Prospect Place, Market Rasen, LN8 3AS
- Sold Aug 2025£137,000 | 3 Bed House22, Prospect Place, Market Rasen, LN8 3AS22, Prospect Place, Market Rasen, LN8 3AS
- Sold Jul 2025£121,000 | 3 Bed House1, Prospect Place, Market Rasen, LN8 3AS1, Prospect Place, Market Rasen, LN8 3AS
- Sold Oct 2024£205,000 | 3 Bed House32, Prospect Place, Market Rasen, LN8 3AS32, Prospect Place, Market Rasen, LN8 3AS
Nearby Postcodes
LN8 3AS is the 849th largest and the 66th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3GY, Prospect Place, Market Rasen, LN8LN8 3GY4 Addresses|37 m away
- LN8 3AR, Serpentine Street, Market Rasen, LN8LN8 3AR29 Addresses|72 m away
- LN8 3BA, Walnut Court, Market Rasen, LN8LN8 3BA10 Addresses|79 m away
- LN8 3SX, Old Brewery Court, Market Rasen, LN8LN8 3SX7 Addresses|79 m away
- LN8 3DR, Willingham Road, East Barkwith, Market Rasen, LN8LN8 3DR10 Addresses|85 m away
Property Types
- 18 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (18)
- period flat (5)
- modern house (3)
- mid-century house (3)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (2)
- C (9)
- G (1)
- D (12)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2024£205,000 | 3 Bed House32, Prospect Place, Market Rasen, LN8 3AS32, Prospect Place, Market Rasen, LN8 3AS
- Sold Dec 2018£185,000 | 3 Bed House31, Prospect Place, Market Rasen, LN8 3AS31, Prospect Place, Market Rasen, LN8 3AS
- Sold Apr 2019£175,000 | 3 Bed House32, Prospect Place, Market Rasen, LN8 3AS32, Prospect Place, Market Rasen, LN8 3AS
Schools Nearby
- The Market Rasen Church of England Primary School500 m away
- The Middle Rasen Primary School2.3 km away
- Legsby Primary School4.3 km away
- De Aston School500 m away
- Caistor Grammar School12.3 km away
- Caistor Yarborough Academy12.5 km away
More reading links
Public Transport Nearby
The closest station to LN8 3AS is Market Rasen station, which is 300 metres away.
- Market Rasen|300 m away
- Kirton Lindsey|20.5 km away
- Brigg|20.8 km away
- Barnetby|21.6 km away
