LN8 3ED is a residential postcode situated on Chapman Street, Market Rasen, LN8 with 11 addresses.
It ranks as the 521st largest and 7th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 5 houses and 6 flats.
LN8 3ED is a residential postcode situated on Chapman Street, Market Rasen, LN8 with 11 addresses.
It ranks as the 521st largest and 7th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 11 properties: 5 houses and 6 flats.
Sale prices range from £60,970 for 1 bedroom leasehold flats (409 ft2) to £156,279 for 3 bedroom freehold houses with a garden (785 ft2) .
Monthly rental prices range from £311 pcm for 1 bed flats to £858 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 6.7%.
The average value per square foot is £149.
The last sale in LN8 3ED sold for £111,000 on 7th February 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £101,824.
The LN8 3ED Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £101,824 |
| April 2025 | -1.6% | £104,424 |
| April 2024 | 0.8% | £106,086 |
| April 2023 | 2.9% | £105,268 |
| April 2022 | 10.5% | £102,330 |
| April 2021 | 3% | £92,602 |
| April 2020 | 1.8% | £89,863 |
| April 2019 | 8.1% | £88,243 |
| April 2018 | 1.1% | £81,636 |
| April 2017 | 6.1% | £80,780 |
| April 2016 | -1.8% | £76,141 |
| April 2015 | 6.1% | £77,547 |
| April 2014 | 5.5% | £73,067 |
| April 2013 | -2.9% | £69,230 |
| April 2012 | 2% | £71,278 |
| April 2011 | -6% | £69,895 |
| April 2010 | 1% | £74,336 |
| April 2009 | -9.8% | £73,601 |
| April 2008 | -2.1% | £81,557 |
| April 2007 | 0% | £83,322 |
The current average rental value in the postcode is £551.
The LN8 3ED Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £551pcm |
| April 2025 | 3.6% | £530pcm |
| April 2024 | 7.1% | £511pcm |
| April 2023 | 5.2% | £478pcm |
| April 2022 | 7.6% | £454pcm |
| April 2021 | 0.9% | £422pcm |
| April 2020 | 2.1% | £418pcm |
| April 2019 | 0.9% | £409pcm |
| April 2018 | 0.1% | £406pcm |
| April 2017 | 0.4% | £405pcm |
| April 2016 | 1.2% | £404pcm |
| April 2015 | -0.4% | £399pcm |
| April 2014 | 2.9% | £401pcm |
| April 2013 | -1.7% | £389pcm |
| April 2012 | 0.5% | £396pcm |
| April 2011 | 0.2% | £394pcm |
| April 2010 | -0.2% | £393pcm |
| April 2009 | -0.8% | £394pcm |
| April 2008 | -8.6% | £397pcm |
| April 2007 | 0% | £434pcm |
The last sale was on 7th February 2025 for £111,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 19 sales since 1995.
LN8 3ED has seen 1 sale in the last three years and no sales in the last twelve months.
LN8 3ED is the 521st largest and the 7th most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 3ED is Market Rasen station which is 400 metres away.
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