Gainsborough Road - LN8 3JW
Key Postcode Insights
LN8 3JW is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 5 addresses.
It ranks as the 284th largest and 783rd 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 5 properties: 5 houses.
- Ave. Sale Price
- £380,284
- 10 Year change
- up 43.4%
- Ave. Rental Price
- £1,418pcm
- 10 Year change
- up 46.4%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
LN8 3JW is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 5 addresses.
It ranks as the 284th largest and 783rd 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 5 properties: 5 houses.
- Ave. Sale Price
- £380,284
- 10 Year change
- up 43.4%
- Ave. Rental Price
- £1,418pcm
- 10 Year change
- up 46.4%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin LN8 3JW
- Barton House
Unknown
- Limes Bungalow
5 Bed Modern House
- Park House Cottage
3 Bed Period House
- The Elms
Unknown
- Youngs Cottage
3 Bed Period House
Sales Market Trends
The last sale in LN8 3JW sold for £310,000 on 23rd September 2013. Since then prices are up an average of 57.2%.
The current average value in the postcode is £380,284.
The LN8 3JW Sales Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £380,284 |
| June 2025 | -1.5% | £384,603 |
| June 2024 | 1% | £390,395 |
| June 2023 | 0.8% | £386,669 |
| June 2022 | 12.5% | £383,466 |
| June 2021 | 5.5% | £340,851 |
| June 2020 | 2.1% | £323,083 |
| June 2019 | 6.9% | £316,404 |
| June 2018 | 4.4% | £296,031 |
| June 2017 | 6.9% | £283,592 |
| June 2016 | 0.1% | £265,227 |
| June 2015 | 5.6% | £264,830 |
| June 2014 | 5.9% | £250,893 |
| June 2013 | -1.9% | £236,826 |
| June 2012 | 0.6% | £241,514 |
| June 2011 | -3.1% | £240,017 |
| June 2010 | 6.4% | £247,662 |
| June 2009 | -7.2% | £232,722 |
| June 2008 | -3.4% | £250,650 |
| June 2007 | 0% | £259,389 |
Rental Market Trends
The current average rental value in the postcode is £1,418.
The LN8 3JW Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,418pcm |
| June 2025 | 2.5% | £1,364pcm |
| June 2024 | 6.4% | £1,331pcm |
| June 2023 | 6.4% | £1,250pcm |
| June 2022 | 8.4% | £1,175pcm |
| June 2021 | 4.4% | £1,084pcm |
| June 2020 | 1% | £1,039pcm |
| June 2019 | 2% | £1,029pcm |
| June 2018 | 1.6% | £1,009pcm |
| June 2017 | 2.5% | £993pcm |
| June 2016 | 2.7% | £969pcm |
| June 2015 | -0.2% | £943pcm |
| June 2014 | 4.2% | £945pcm |
| June 2013 | -2.7% | £907pcm |
| June 2012 | 0.8% | £933pcm |
| June 2011 | 2.7% | £925pcm |
| June 2010 | 3.5% | £900pcm |
| June 2009 | 1.6% | £870pcm |
| June 2008 | -8.2% | £857pcm |
| June 2007 | 0% | £933pcm |
Sales History
The last sale was on 23rd September 2013 for £310,000 and since then the market in the area has increased by 57.2%. The postcode has had a total of 4 sales since 1995.
LN8 3JW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2013£310,000 | 5 Bed HouseLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JWLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JW
- Sold Apr 2012£203,000 | 3 Bed HouseYoungs Cottage, Gainsborough Road, Market Rasen, LN8 3JWYoungs Cottage, Gainsborough Road, Market Rasen, LN8 3JW
- Sold Feb 2009£193,000 | 5 Bed HouseLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JWLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JW
- Sold May 2001£176,950 | 5 Bed HouseLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JWLimes Bungalow, Gainsborough Road, Market Rasen, LN8 3JW
Nearby Postcodes
LN8 3JW is the 284th largest and the 783rd most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3BH, Dear Street, Market Rasen, LN8LN8 3BH35 Addresses|258 m away
- LN8 3HA, Gallamore Lane Industrial Estate, Market Rasen, LN8LN8 3HA3 Addresses|298 m away
- LN8 3BB, King Street, Market Rasen, LN8LN8 3BB64 Addresses|312 m away
- LN8 3BG, Mill Street, Market Rasen, LN8LN8 3BG8 Addresses|329 m away
- LN8 3HU, Rase Lane, Market Rasen, LN8LN8 3HU14 Addresses|339 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 other addresses of unknown type
- period house (2)
- modern house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (2)
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 School400 m away
- The Middle Rasen Primary School1.4 km away
- Osgodby Primary School4.4 km away
- De Aston School1.4 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 3JW is Market Rasen station, which is 600 metres away.
- Market Rasen|600 m away
- Kirton Lindsey|19.7 km away
- Brigg|20.2 km away
- Barnetby|21.2 km away
