Gainsborough Road - LN8 3JR
Key Postcode Insights
LN8 3JR is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 30 addresses.
It ranks as the 822nd largest and 418th most expensive of the 920 postcodes in the LN8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £262,225
- 10 Year change
- up 43.1%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LN8 3JR is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 30 addresses.
It ranks as the 822nd largest and 418th most expensive of the 920 postcodes in the LN8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 houses.
- Ave. Sale Price
- £262,225
- 10 Year change
- up 43.1%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £248/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Sales Market Trends
The last sale in LN8 3JR sold for £280,000 on 24th February 2023. Since then prices are down an average of 2.8%.
The current average value in the postcode is £262,225.
The LN8 3JR Sales Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £262,225 |
| June 2025 | -1.6% | £265,475 |
| June 2024 | 1% | £269,829 |
| June 2023 | 0.8% | £267,183 |
| June 2022 | 12.4% | £264,941 |
| June 2021 | 5.5% | £235,644 |
| June 2020 | 2.1% | £223,344 |
| June 2019 | 6.8% | £218,700 |
| June 2018 | 4.4% | £204,697 |
| June 2017 | 6.9% | £195,987 |
| June 2016 | 0.4% | £183,304 |
| June 2015 | 5.5% | £182,649 |
| June 2014 | 5.9% | £173,184 |
| June 2013 | -1.8% | £163,607 |
| June 2012 | 0.6% | £166,688 |
| June 2011 | -3.2% | £165,738 |
| June 2010 | 6.6% | £171,144 |
| June 2009 | -6.9% | £160,559 |
| June 2008 | -3.3% | £172,457 |
| June 2007 | 0% | £178,366 |
Rental Market Trends
The current average rental value in the postcode is £1,105.
The LN8 3JR Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,105pcm |
| June 2025 | 2.4% | £1,063pcm |
| June 2024 | 6.5% | £1,039pcm |
| June 2023 | 6.4% | £976pcm |
| June 2022 | 8.3% | £917pcm |
| June 2021 | 4.4% | £846pcm |
| June 2020 | 1% | £811pcm |
| June 2019 | 1.9% | £803pcm |
| June 2018 | 1.7% | £788pcm |
| June 2017 | 2.5% | £775pcm |
| June 2016 | 2.9% | £756pcm |
| June 2015 | -0.2% | £735pcm |
| June 2014 | 4.1% | £737pcm |
| June 2013 | -2.7% | £708pcm |
| June 2012 | 0.8% | £727pcm |
| June 2011 | 2.7% | £721pcm |
| June 2010 | 3.6% | £703pcm |
| June 2009 | 1.9% | £678pcm |
| June 2008 | -8.1% | £666pcm |
| June 2007 | 0% | £725pcm |
Sales History
The last sale was on 24th February 2023 for £280,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 43 sales since 1995.
LN8 3JR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£280,000 | 3 Bed HouseWhernside, Gainsborough Road, Market Rasen, LN8 3JRWhernside, Gainsborough Road, Market Rasen, LN8 3JR
- Sold Oct 2022£235,000 | 4 Bed HouseBrentwood, Gainsborough Road, Market Rasen, LN8 3JRBrentwood, Gainsborough Road, Market Rasen, LN8 3JR
- Sold Aug 2022£630,000 | 5 Bed HouseWilloughby House, Gainsborough Road, Market Rasen, LN8 3JRWilloughby House, Gainsborough Road, Market Rasen, LN8 3JR
- Sold May 2021£170,000 | 3 Bed HouseWinteringham, Gainsborough Road, Market Rasen, LN8 3JRWinteringham, Gainsborough Road, Market Rasen, LN8 3JR
- Sold Nov 2020£165,000 | 3 Bed HouseWhernside, Gainsborough Road, Market Rasen, LN8 3JRWhernside, Gainsborough Road, Market Rasen, LN8 3JR
Nearby Postcodes
LN8 3JR is the 822nd largest and the 418th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3UB, Gallamore Lane, Middle Rasen, Market Rasen, LN8LN8 3UB9 Addresses|347 m away
- LN8 3LG, South Lane, Middle Rasen, Market Rasen, LN8LN8 3LG4 Addresses|458 m away
- LN8 3JW, Gainsborough Road, Middle Rasen, Market Rasen, LN8LN8 3JW5 Addresses|482 m away
- LN8 3US, Old Gallamore Lane, Middle Rasen, Market Rasen, LN8LN8 3US17 Addresses|580 m away
- LN8 3JS, Gainsborough Road, Middle Rasen, Market Rasen, LN8LN8 3JS20 Addresses|618 m away
Property Types
- 8 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 11 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- period house (8)
- modern house (1)
- mid-century house (11)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (4)
- G (0)
- D (10)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Aug 2022£630,000 | 5 Bed HouseWilloughby House, Gainsborough Road, Market Rasen, LN8 3JRWilloughby House, Gainsborough Road, Market Rasen, LN8 3JR
- Sold Mar 2018£480,000 | 5 Bed HouseMaple House, Gainsborough Road, Market Rasen, LN8 3JUMaple House, Gainsborough Road, Market Rasen, LN8 3JU
- Sold Feb 2023£405,000 | 4 Bed HouseDunwich, The Rother, Gainsborough Road, Market Rasen, LN8 3JUDunwich, The Rother, Gainsborough Road, Market Rasen, LN8 3JU
Schools Nearby
- The Market Rasen Church of England Primary School900 m away
- The Middle Rasen Primary School1.0 km away
- Osgodby Primary School4.0 km away
- De Aston School1.8 km away
- Caistor Grammar School12.2 km away
- Caistor Yarborough Academy12.4 km away
More reading links
Public Transport Nearby
The closest station to LN8 3JR is Market Rasen station, which is 1.1 kilometres away.
- Market Rasen|1.1 km away
- Kirton Lindsey|19.3 km away
- Brigg|19.9 km away
- Barnetby|21.0 km away
