Gainsborough Road - LN8 3JX
Key Postcode Insights
LN8 3JX is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 12 addresses.
It ranks as the 556th largest and 184th 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 12 properties: 12 houses.
- Ave. Sale Price
- £182,850
- 10 Year change
- up 43.0%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
LN8 3JX is a residential postcode situated on Gainsborough Road, Middle Rasen, Market Rasen, LN8 with 12 addresses.
It ranks as the 556th largest and 184th 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 12 properties: 12 houses.
- Ave. Sale Price
- £182,850
- 10 Year change
- up 43.0%
- Ave. Rental Price
- £948pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin LN8 3JX
- 1 Gainsborough Road
3 Bed Period House
- 2 Gainsborough Road
4 Bed Period House
- 3 Gainsborough Road
3 Bed Mid-century House
- 4 Gainsborough Road
3 Bed Period House
- 5 Gainsborough Road
3 Bed Period House
Sales Market Trends
The last sale in LN8 3JX sold for £230,000 on 10th July 2023. Since then prices are down an average of 0.5%.
The current average value in the postcode is £182,850.
The LN8 3JX Sales Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £182,850 |
| June 2025 | -1.5% | £184,584 |
| June 2024 | 0.9% | £187,368 |
| June 2023 | 0.7% | £185,628 |
| June 2022 | 12.6% | £184,307 |
| June 2021 | 5.6% | £163,698 |
| June 2020 | 2.1% | £154,978 |
| June 2019 | 6.7% | £151,764 |
| June 2018 | 4.3% | £142,299 |
| June 2017 | 6.7% | £136,476 |
| June 2016 | 0.5% | £127,880 |
| June 2015 | 5.4% | £127,230 |
| June 2014 | 6.2% | £120,701 |
| June 2013 | -1.7% | £113,684 |
| June 2012 | 0.3% | £115,645 |
| June 2011 | -3.5% | £115,278 |
| June 2010 | 6.3% | £119,481 |
| June 2009 | -7.2% | £112,385 |
| June 2008 | -3.4% | £121,060 |
| June 2007 | 0% | £125,359 |
Rental Market Trends
The current average rental value in the postcode is £948.
The LN8 3JX Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £948pcm |
| June 2025 | 2.5% | £910pcm |
| June 2024 | 6.4% | £888pcm |
| June 2023 | 6.3% | £835pcm |
| June 2022 | 8.5% | £785pcm |
| June 2021 | 4.5% | £724pcm |
| June 2020 | 1% | £693pcm |
| June 2019 | 1.8% | £686pcm |
| June 2018 | 1.5% | £674pcm |
| June 2017 | 2.3% | £664pcm |
| June 2016 | 3% | £649pcm |
| June 2015 | -0.3% | £630pcm |
| June 2014 | 4.4% | £632pcm |
| June 2013 | -2.5% | £605pcm |
| June 2012 | 0.5% | £621pcm |
| June 2011 | 2.3% | £618pcm |
| June 2010 | 3.3% | £604pcm |
| June 2009 | 1.6% | £584pcm |
| June 2008 | -8.2% | £575pcm |
| June 2007 | 0% | £627pcm |
Sales History
The last sale was on 10th July 2023 for £230,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 15 sales since 1995.
LN8 3JX has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£230,000 | 3 Bed House1, Gainsborough Road, Market Rasen, LN8 3JX1, Gainsborough Road, Market Rasen, LN8 3JX
- Sold Nov 2022£170,000 | 3 Bed House9, Gainsborough Road, Market Rasen, LN8 3JX9, Gainsborough Road, Market Rasen, LN8 3JX
- Sold Sep 2020£134,000 | 3 Bed House9, Gainsborough Road, Market Rasen, LN8 3JX9, Gainsborough Road, Market Rasen, LN8 3JX
- Sold Aug 2014£117,000 | 4 Bed House2, Gainsborough Road, Market Rasen, LN8 3JX2, Gainsborough Road, Market Rasen, LN8 3JX
- Sold May 2014£116,000 | 3 Bed House4, Gainsborough Road, Market Rasen, LN8 3JX4, Gainsborough Road, Market Rasen, LN8 3JX
Nearby Postcodes
LN8 3JX is the 556th largest and the 184th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3LD, Wilkinson Drive, Middle Rasen, Market Rasen, LN8LN8 3LD16 Addresses|73 m away
- LN8 3LA, Abbott Close, Middle Rasen, Market Rasen, LN8LN8 3LA6 Addresses|88 m away
- LN8 3JY, Manor Drive, Middle Rasen, Market Rasen, LN8LN8 3JY9 Addresses|123 m away
- LN8 3JP, Lancaster Approach, Middle Rasen, Market Rasen, LN8LN8 3JP3 Addresses|169 m away
- LN8 3JU, Gainsborough Road, Middle Rasen, Market Rasen, LN8LN8 3JU54 Addresses|187 m away
Property Types
- 9 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- period house (9)
- mid-century house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (1)
- C (3)
- G (0)
- D (4)
- No EPC (1)
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 School700 m away
- The Market Rasen Church of England Primary School2.1 km away
- Osgodby Primary School3.7 km away
- De Aston School3.0 km away
- William Farr CofE Comprehensive School12.0 km away
- Caistor Grammar School12.7 km away
More reading links
Public Transport Nearby
The closest station to LN8 3JX is Market Rasen station, which is 2.2 kilometres away.
- Market Rasen|2.2 km away
- Kirton Lindsey|18.4 km away
- Brigg|19.6 km away
- Barnetby|21.0 km away
