Gainsborough Road - LN8 3JU
Key Postcode Insights
LN8 3JU is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 54 addresses.
It ranks as the 906th largest and 426th 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 54 properties: 53 houses and 1 flat.
- Ave. Sale Price
- £255,343
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
LN8 3JU is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 54 addresses.
It ranks as the 906th largest and 426th 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 54 properties: 53 houses and 1 flat.
- Ave. Sale Price
- £255,343
- 10 Year change
- up 40.7%
- Ave. Rental Price
- £1,113pcm
- 10 Year change
- up 43.7%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin LN8 3JU
- 1 Crimmond Cottages Gainsborough Road
2 Bed Period House
- 1 Raincliffe Gainsborough Road
3 Bed Period House
- 2 Crimmond Cottages Gainsborough Road
3 Bed Period House
- 2 Nags Head Row Gainsborough Road
2 Bed Period House
Sales Market Trends
The last sale in LN8 3JU sold for £120,000 on 30th March 2026. Since then prices are up an average of 1.4%.
The current average value in the postcode is £255,343.
The LN8 3JU Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £255,343 |
| June 2025 | -1.5% | £257,392 |
| June 2024 | 1.2% | £261,277 |
| June 2023 | 0.4% | £258,169 |
| June 2022 | 12.3% | £257,117 |
| June 2021 | 5% | £229,036 |
| June 2020 | 2.1% | £218,076 |
| June 2019 | 6.5% | £213,675 |
| June 2018 | 3.8% | £200,627 |
| June 2017 | 6.5% | £193,210 |
| June 2016 | -0.2% | £181,462 |
| June 2015 | 5.4% | £181,782 |
| June 2014 | 5.9% | £172,389 |
| June 2013 | -1.9% | £162,752 |
| June 2012 | 0.4% | £165,875 |
| June 2011 | -3.5% | £165,225 |
| June 2010 | 5.6% | £171,171 |
| June 2009 | -7.8% | £162,086 |
| June 2008 | -3.9% | £175,890 |
| June 2007 | 0% | £183,022 |
Rental Market Trends
The current average rental value in the postcode is £1,113.
The LN8 3JU Rental Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,113pcm |
| June 2025 | 2.5% | £1,067pcm |
| June 2024 | 6.7% | £1,041pcm |
| June 2023 | 6% | £975pcm |
| June 2022 | 8.2% | £921pcm |
| June 2021 | 3.9% | £851pcm |
| June 2020 | 0.9% | £819pcm |
| June 2019 | 1.6% | £812pcm |
| June 2018 | 1.1% | £799pcm |
| June 2017 | 2.1% | £790pcm |
| June 2016 | 2.3% | £774pcm |
| June 2015 | -0.3% | £757pcm |
| June 2014 | 4.2% | £759pcm |
| June 2013 | -2.7% | £728pcm |
| June 2012 | 0.6% | £748pcm |
| June 2011 | 2.3% | £744pcm |
| June 2010 | 2.7% | £727pcm |
| June 2009 | 0.8% | £708pcm |
| June 2008 | -8.7% | £702pcm |
| June 2007 | 0% | £769pcm |
Sales History
The last sale was on 30th March 2026 for £120,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 77 sales since 1995.
LN8 3JU has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£120,000 | 2 Bed HouseThe Knottage, Gainsborough Road, Market Rasen, LN8 3JUThe Knottage, Gainsborough Road, Market Rasen, LN8 3JU
- Sold Mar 2025£265,000 | 4 Bed HouseCarpe Diem, Gainsborough Road, Market Rasen, LN8 3JUCarpe Diem, 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
- Sold Feb 2023£78,000 | 2 Bed House2 Nags Head Row, Gainsborough Road, Market Rasen, LN8 3JU2 Nags Head Row, Gainsborough Road, Market Rasen, LN8 3JU
- Sold Jul 2022£203,500 | 3 Bed HouseThe Mallows, Gainsborough Road, Market Rasen, LN8 3JUThe Mallows, Gainsborough Road, Market Rasen, LN8 3JU
Nearby Postcodes
LN8 3JU is the 906th largest and the 426th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3LD, Wilkinson Drive, Middle Rasen, Market Rasen, LN8LN8 3LD16 Addresses|167 m away
- LN8 3JX, Gainsborough Road, Middle Rasen, Market Rasen, LN8LN8 3JX12 Addresses|187 m away
- LN8 3FY, Homeleigh Court, Middle Rasen, Market Rasen, LN8LN8 3FY6 Addresses|234 m away
- LN8 3WH, Heath Court, Middle Rasen, Market Rasen, LN8LN8 3WH6 Addresses|239 m away
- LN8 3LA, Abbott Close, Middle Rasen, Market Rasen, LN8LN8 3LA6 Addresses|250 m away
Property Types
- 19 period houses built between 1800 and 1911
- 16 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 11 other addresses of unknown type
- period house (19)
- modern house (16)
- mid-century house (6)
- house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 39 properties.
- The most common rating is D.
- A (1)
- E (7)
- B (5)
- F (2)
- C (11)
- G (0)
- D (13)
- No EPC (15)
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 School600 m away
- The Market Rasen Church of England Primary School1.8 km away
- Osgodby Primary School3.8 km away
- De Aston School2.8 km away
- William Farr CofE Comprehensive School12.1 km away
- Caistor Grammar School12.6 km away
More reading links
Public Transport Nearby
The closest station to LN8 3JU is Market Rasen station, which is 2.0 kilometres away.
- Market Rasen|2.0 km away
- Kirton Lindsey|18.6 km away
- Brigg|19.7 km away
- Barnetby|21.1 km away
