Gainsborough Road - LN8 3JS
Key Postcode Insights
LN8 3JS is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 20 addresses.
It ranks as the 726th largest and 515th 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 20 properties: 20 houses.
- Ave. Sale Price
- £269,736
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,145pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £209/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LN8 3JS is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 20 addresses.
It ranks as the 726th largest and 515th 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 20 properties: 20 houses.
- Ave. Sale Price
- £269,736
- 10 Year change
- up 43.7%
- Ave. Rental Price
- £1,145pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £209/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin LN8 3JS
- Beaumont Cottage
3 Bed Period House
- Beech Cottage
4 Bed Modern House
- Claton
4 Bed Mid-century House
- Corner House
3 Bed Period House
- Fair Mile
3 Bed Period House
Sales Market Trends
The last sale in LN8 3JS sold for £130,000 on 11th January 2024. Since then prices are down an average of 1.4%.
The current average value in the postcode is £269,736.
The LN8 3JS Sales Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £269,736 |
| June 2025 | -1.1% | £271,054 |
| June 2024 | 0.8% | £274,045 |
| June 2023 | 0.6% | £271,771 |
| June 2022 | 12.9% | £270,173 |
| June 2021 | 5.7% | £239,369 |
| June 2020 | 2.1% | £226,456 |
| June 2019 | 6.6% | £221,833 |
| June 2018 | 4% | £208,102 |
| June 2017 | 6.6% | £200,098 |
| June 2016 | 0.2% | £187,740 |
| June 2015 | 5.6% | £187,453 |
| June 2014 | 6.6% | £177,565 |
| June 2013 | -1.8% | £166,545 |
| June 2012 | 0.2% | £169,576 |
| June 2011 | -3.6% | £169,179 |
| June 2010 | 5.7% | £175,552 |
| June 2009 | -8% | £166,073 |
| June 2008 | -3.6% | £180,420 |
| June 2007 | 0% | £187,251 |
Rental Market Trends
The current average rental value in the postcode is £1,145.
The LN8 3JS Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,145pcm |
| June 2025 | 2.9% | £1,094pcm |
| June 2024 | 6.3% | £1,063pcm |
| June 2023 | 6.1% | £1,000pcm |
| June 2022 | 8.8% | £943pcm |
| June 2021 | 4.6% | £867pcm |
| June 2020 | 0.9% | £829pcm |
| June 2019 | 1.7% | £821pcm |
| June 2018 | 1.2% | £807pcm |
| June 2017 | 2.2% | £797pcm |
| June 2016 | 2.7% | £780pcm |
| June 2015 | -0.1% | £760pcm |
| June 2014 | 4.8% | £761pcm |
| June 2013 | -2.6% | £726pcm |
| June 2012 | 0.5% | £745pcm |
| June 2011 | 2.2% | £742pcm |
| June 2010 | 2.8% | £726pcm |
| June 2009 | 0.7% | £707pcm |
| June 2008 | -8.4% | £702pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last sale was on 11th January 2024 for £130,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 22 sales since 1995.
LN8 3JS has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£130,000 | 2 Bed HouseRoadmans House, Gainsborough Road, Market Rasen, LN8 3JSRoadmans House, Gainsborough Road, Market Rasen, LN8 3JS
- Sold May 2023£300,000 | 3 Bed HouseBeaumont Cottage, Gainsborough Road, Market Rasen, LN8 3JSBeaumont Cottage, Gainsborough Road, Market Rasen, LN8 3JS
- Sold Nov 2022£325,000 | 4 Bed HouseMeadow Croft, Gainsborough Road, Market Rasen, LN8 3JSMeadow Croft, Gainsborough Road, Market Rasen, LN8 3JS
- Sold Oct 2021£265,000 | 4 Bed HouseThe Milestone, Gainsborough Road, Market Rasen, LN8 3JSThe Milestone, Gainsborough Road, Market Rasen, LN8 3JS
- Sold Sep 2021£305,000 | 4 Bed HouseBeech Cottage, Gainsborough Road, Market Rasen, LN8 3JSBeech Cottage, Gainsborough Road, Market Rasen, LN8 3JS
Nearby Postcodes
LN8 3JS is the 726th largest and the 515th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3US, Old Gallamore Lane, Middle Rasen, Market Rasen, LN8LN8 3US17 Addresses|85 m away
- LN8 3UH, Gallamore Court, Middle Rasen, Market Rasen, LN8LN8 3UH5 Addresses|95 m away
- LN8 3TZ, Wood Hill, Middle Rasen, Market Rasen, LN8LN8 3TZ4 Addresses|113 m away
- LN8 3PZ, Chambers Paddock, Middle Rasen, Market Rasen, LN8LN8 3PZ4 Addresses|119 m away
- LN8 3TP, Meadowfield, Middle Rasen, Market Rasen, LN8LN8 3TP14 Addresses|140 m away
Property Types
- 6 period houses 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
- 7 other addresses of unknown type
- period house (6)
- modern house (3)
- mid-century house (3)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (3)
- G (0)
- D (5)
- No EPC (8)
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 Middle Rasen Primary School500 m away
- The Market Rasen Church of England Primary School1.4 km away
- Osgodby Primary School3.9 km away
- De Aston School2.4 km away
- Caistor Grammar School12.4 km away
- William Farr CofE Comprehensive School12.5 km away
More reading links
Public Transport Nearby
The closest station to LN8 3JS is Market Rasen station, which is 1.6 kilometres away.
- Market Rasen|1.6 km away
- Kirton Lindsey|18.9 km away
- Brigg|19.8 km away
- Barnetby|21.0 km away
