Gallamore Lane - LN8 3HZ
Key Postcode Insights
LN8 3HZ is a residential postcode situated on Gallamore Lane, Middle Rasen, Market Rasen, LN8 with 6 addresses.
It ranks as the 344th largest and 792nd 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 6 properties: 6 houses.
- Ave. Sale Price
- £430,264
- 10 Year change
- up 43.1%
- Ave. Rental Price
- £1,580pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £227/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
LN8 3HZ is a residential postcode situated on Gallamore Lane, Middle Rasen, Market Rasen, LN8 with 6 addresses.
It ranks as the 344th largest and 792nd 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 6 properties: 6 houses.
- Ave. Sale Price
- £430,264
- 10 Year change
- up 43.1%
- Ave. Rental Price
- £1,580pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £227/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin LN8 3HZ
- 2 Clare Cottage Gallamore Lane
3 Bed Period House
- Clare Lodge
5 Bed Period House
- Halfpenny Barn
House
- Ling-O-Dell
4 Bed Period House
- The Chestnuts
5 Bed Modern House
Sales Market Trends
The last sale in LN8 3HZ sold for £710,000 on 23rd July 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £430,264.
The LN8 3HZ Sales Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £430,264 |
| June 2025 | -1.6% | £435,597 |
| June 2024 | 1% | £442,741 |
| June 2023 | 0.8% | £438,400 |
| June 2022 | 12.4% | £434,721 |
| June 2021 | 5.5% | £386,649 |
| June 2020 | 2.1% | £366,468 |
| June 2019 | 6.8% | £358,847 |
| June 2018 | 4.4% | £335,871 |
| June 2017 | 6.9% | £321,579 |
| June 2016 | 0.4% | £300,769 |
| June 2015 | 5.5% | £299,694 |
| June 2014 | 5.9% | £284,164 |
| June 2013 | -1.8% | £268,450 |
| June 2012 | 0.6% | £273,505 |
| June 2011 | -3.2% | £271,947 |
| June 2010 | 6.6% | £280,816 |
| June 2009 | -6.9% | £263,448 |
| June 2008 | -3.3% | £282,970 |
| June 2007 | 0% | £292,667 |
Rental Market Trends
The current average rental value in the postcode is £1,580.
The LN8 3HZ Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,580pcm |
| June 2025 | 2.4% | £1,521pcm |
| June 2024 | 6.5% | £1,486pcm |
| June 2023 | 6.4% | £1,396pcm |
| June 2022 | 8.3% | £1,312pcm |
| June 2021 | 4.4% | £1,211pcm |
| June 2020 | 1% | £1,160pcm |
| June 2019 | 1.9% | £1,149pcm |
| June 2018 | 1.7% | £1,127pcm |
| June 2017 | 2.5% | £1,108pcm |
| June 2016 | 2.9% | £1,081pcm |
| June 2015 | -0.2% | £1,051pcm |
| June 2014 | 4.1% | £1,054pcm |
| June 2013 | -2.7% | £1,012pcm |
| June 2012 | 0.8% | £1,040pcm |
| June 2011 | 2.7% | £1,032pcm |
| June 2010 | 3.6% | £1,005pcm |
| June 2009 | 1.9% | £970pcm |
| June 2008 | -8.1% | £952pcm |
| June 2007 | 0% | £1,036pcm |
Sales History
The last sale was on 23rd July 2024 for £710,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 8 sales since 1995.
LN8 3HZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£710,000 | 5 Bed HouseClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Jul 2023£59,043 | 3 Bed HouseHalfpenny Barn, Gallamore Lane, Market Rasen, LN8 3HZHalfpenny Barn, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Jun 2022£550,000 | 5 Bed HouseThe Chestnuts, Gallamore Lane, Market Rasen, LN8 3HZThe Chestnuts, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Oct 2017£277,000 | 3 Bed House2 Clare Cottage, Gallamore Lane, Market Rasen, LN8 3HZ2 Clare Cottage, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Aug 2004£372,500 | 5 Bed HouseClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZ
Nearby Postcodes
LN8 3HZ is the 344th largest and the 792nd most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3NX, Foxglove Road, Market Rasen, LN8LN8 3NX23 Addresses|69 m away
- LN8 3FE, Caistor Road, Middle Rasen, Market Rasen, LN8LN8 3FE5 Addresses|164 m away
- LN8 3DG, Paddock Close, Market Rasen, LN8LN8 3DG5 Addresses|201 m away
- LN8 3HY, Caistor Road, Middle Rasen, Market Rasen, LN8LN8 3HY27 Addresses|202 m away
- LN8 3NT, Birchwood's Close, Market Rasen, LN8LN8 3NT10 Addresses|224 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 other addresses of unknown type
- period house (3)
- modern house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2024£710,000 | 5 Bed HouseClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZClare Lodge, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Jun 2022£550,000 | 5 Bed HouseThe Chestnuts, Gallamore Lane, Market Rasen, LN8 3HZThe Chestnuts, Gallamore Lane, Market Rasen, LN8 3HZ
- Sold Aug 2016£420,000 | 4 Bed HouseIngle Dene, Gallamore Lane, Market Rasen, LN8 3UBIngle Dene, Gallamore Lane, Market Rasen, LN8 3UB
Schools Nearby
- The Market Rasen Church of England Primary School700 m away
- The Middle Rasen Primary School1.8 km away
- Osgodby Primary School4.2 km away
- De Aston School1.3 km away
- Caistor Grammar School11.6 km away
- Caistor Yarborough Academy11.8 km away
More reading links
Public Transport Nearby
The closest station to LN8 3HZ is Market Rasen station, which is 900 metres away.
- Market Rasen|900 m away
- Kirton Lindsey|19.8 km away
- Brigg|20.0 km away
- Barnetby|20.7 km away
