Prospect Place - LN8 3GY
Key Postcode Insights
LN8 3GY is a residential postcode situated on Prospect Place, Market Rasen, LN8 with 4 addresses.
It ranks as the 201st largest and 168th most expensive of the 920 postcodes in the LN8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £172,571
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £907pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
LN8 3GY is a residential postcode situated on Prospect Place, Market Rasen, LN8 with 4 addresses.
It ranks as the 201st largest and 168th most expensive of the 920 postcodes in the LN8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £172,571
- 10 Year change
- up 45.5%
- Ave. Rental Price
- £907pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin LN8 3GY
- 1 Poppys Row Prospect Place
3 Bed Modern House
- 2 Poppys Row Prospect Place
3 Bed Modern House
- 3 Poppys Row Prospect Place
3 Bed Modern House
- 4 Poppys Row Prospect Place
3 Bed Modern House
Sales Market Trends
The last sale in LN8 3GY sold for £170,000 on 14th June 2024. Since then prices have on average remained the same.
The current average value in the postcode is £172,571.
The LN8 3GY Sales Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £172,571 |
| June 2025 | -0.5% | £171,760 |
| June 2024 | 0.7% | £172,554 |
| June 2023 | 0.3% | £171,342 |
| June 2022 | 13.6% | £170,789 |
| June 2021 | 5.8% | £150,388 |
| June 2020 | 2% | £142,117 |
| June 2019 | 6.7% | £139,343 |
| June 2018 | 3.5% | £130,615 |
| June 2017 | 6.4% | £126,249 |
| June 2016 | -0.7% | £118,645 |
| June 2015 | 6% | £119,452 |
| June 2014 | 7.6% | £112,739 |
| June 2013 | -2.1% | £104,749 |
| June 2012 | 0.1% | £106,952 |
| June 2011 | -3.9% | £106,803 |
| June 2010 | 4.6% | £111,132 |
| June 2009 | -9.6% | £106,207 |
| June 2008 | -4.2% | £117,545 |
| June 2007 | 0% | £122,683 |
Rental Market Trends
The current average rental value in the postcode is £907.
The LN8 3GY Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £907pcm |
| June 2025 | 3.8% | £859pcm |
| June 2024 | 6.1% | £827pcm |
| June 2023 | 5.9% | £780pcm |
| June 2022 | 9.4% | £737pcm |
| June 2021 | 4.7% | £674pcm |
| June 2020 | 0.9% | £643pcm |
| June 2019 | 1.6% | £638pcm |
| June 2018 | 0.7% | £628pcm |
| June 2017 | 1.9% | £623pcm |
| June 2016 | 1.9% | £612pcm |
| June 2015 | 0.1% | £600pcm |
| June 2014 | 5.8% | £600pcm |
| June 2013 | -2.8% | £567pcm |
| June 2012 | 0.3% | £583pcm |
| June 2011 | 1.9% | £581pcm |
| June 2010 | 1.5% | £571pcm |
| June 2009 | -0.9% | £562pcm |
| June 2008 | -9% | £567pcm |
| June 2007 | 0% | £624pcm |
Sales History
The last sale was on 14th June 2024 for £170,000 and since then the market in the area has remained stable. The postcode has had a total of 7 sales since 1995.
LN8 3GY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2024£170,000 | 3 Bed House4 Poppys Row, Prospect Place, Market Rasen, LN8 3GY4 Poppys Row, Prospect Place, Market Rasen, LN8 3GY
- Sold Jul 2016£129,950 | 3 Bed House4 Poppys Row, Prospect Place, Market Rasen, LN8 3GY4 Poppys Row, Prospect Place, Market Rasen, LN8 3GY
- Sold Aug 2014£116,950 | 3 Bed House1 Poppys Row, Prospect Place, Market Rasen, LN8 3GY1 Poppys Row, Prospect Place, Market Rasen, LN8 3GY
- Sold Jan 2012£100,000 | 3 Bed House2 Poppys Row, Prospect Place, Market Rasen, LN8 3GY2 Poppys Row, Prospect Place, Market Rasen, LN8 3GY
- Sold Aug 2011£100,000 | 3 Bed House3 Poppys Row, Prospect Place, Market Rasen, LN8 3GY3 Poppys Row, Prospect Place, Market Rasen, LN8 3GY
Nearby Postcodes
LN8 3GY is the 201st largest and the 168th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3AS, Prospect Place, Market Rasen, LN8LN8 3AS33 Addresses|37 m away
- LN8 3BA, Walnut Court, Market Rasen, LN8LN8 3BA10 Addresses|51 m away
- LN8 3AR, Serpentine Street, Market Rasen, LN8LN8 3AR29 Addresses|70 m away
- LN8 3DS, Chapman Street, Market Rasen, LN8LN8 3DS26 Addresses|77 m away
- LN8 3AZ, The Maltings Court, Market Rasen, LN8LN8 3AZ23 Addresses|81 m away
Property Types
- 4 modern houses built after 1980
- modern house (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (0)
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 School12.4 km away
- Caistor Yarborough Academy12.6 km away
More reading links
Public Transport Nearby
The closest station to LN8 3GY 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
