Washington Drive - LN8 3NN
Key Postcode Insights
LN8 3NN is a residential postcode situated on Washington Drive, Newtoft, Market Rasen, LN8 with 37 addresses.
It ranks as the 861st largest and 56th 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 37 properties: 37 houses.
- Ave. Sale Price
- £122,921
- 10 Year change
- up 43.8%
- Ave. Rental Price
- £684pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £142/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
LN8 3NN is a residential postcode situated on Washington Drive, Newtoft, Market Rasen, LN8 with 37 addresses.
It ranks as the 861st largest and 56th 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 37 properties: 37 houses.
- Ave. Sale Price
- £122,921
- 10 Year change
- up 43.8%
- Ave. Rental Price
- £684pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £142/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin LN8 3NN
- 1 Washington Drive
Unknown
- 2 Washington Drive
Unknown
- 3 Washington Drive
3 Bed Mid-century House
- 4 Washington Drive
Unknown
- 5 Washington Drive
3 Bed Early-century House
Sales Market Trends
The last sale in LN8 3NN sold for £104,000 on 9th July 2021. Since then prices are up an average of 12.8%.
The current average value in the postcode is £122,921.
The LN8 3NN Sales Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £122,921 |
| June 2025 | 0.7% | £122,569 |
| June 2024 | -0.2% | £121,676 |
| June 2023 | 0.5% | £121,875 |
| June 2022 | 12.8% | £121,322 |
| June 2021 | 6.7% | £107,602 |
| June 2020 | 2.2% | £100,834 |
| June 2019 | 5.6% | £98,686 |
| June 2018 | 3.4% | £93,480 |
| June 2017 | 5.8% | £90,413 |
| June 2016 | 0.9% | £85,452 |
| June 2015 | 5.5% | £84,728 |
| June 2014 | 7.7% | £80,283 |
| June 2013 | -1.1% | £74,531 |
| June 2012 | -0.4% | £75,366 |
| June 2011 | -2.7% | £75,660 |
| June 2010 | 4.6% | £77,764 |
| June 2009 | -10.1% | £74,348 |
| June 2008 | -3.5% | £82,717 |
| June 2007 | 0% | £85,745 |
Rental Market Trends
The current average rental value in the postcode is £684.
The LN8 3NN Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £684pcm |
| June 2025 | 3.3% | £648pcm |
| June 2024 | 6% | £627pcm |
| June 2023 | 6.9% | £592pcm |
| June 2022 | 8% | £554pcm |
| June 2021 | 5.1% | £513pcm |
| June 2020 | 1% | £488pcm |
| June 2019 | 2.1% | £483pcm |
| June 2018 | 0.8% | £473pcm |
| June 2017 | 2% | £469pcm |
| June 2016 | 2.4% | £460pcm |
| June 2015 | 0.9% | £449pcm |
| June 2014 | 5.6% | £445pcm |
| June 2013 | -1.6% | £421pcm |
| June 2012 | 0.4% | £428pcm |
| June 2011 | 2% | £426pcm |
| June 2010 | 1.1% | £418pcm |
| June 2009 | -2.6% | £413pcm |
| June 2008 | -5.9% | £425pcm |
| June 2007 | 0% | £451pcm |
Sales History
The last sale was on 9th July 2021 for £104,000 and since then the market in the area has increased by 12.8%. The postcode has had a total of 46 sales since 1995.
LN8 3NN has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2021£104,000 | 3 Bed House10, Washington Drive, Market Rasen, LN8 3NN10, Washington Drive, Market Rasen, LN8 3NN
- Sold Jun 2021£54,000 | 3 Bed House19, Washington Drive, Market Rasen, LN8 3NN19, Washington Drive, Market Rasen, LN8 3NN
- Sold May 2021£125,000 | 3 Bed House37, Washington Drive, Market Rasen, LN8 3NN37, Washington Drive, Market Rasen, LN8 3NN
- Sold Dec 2020£95,000 | 3 Bed House11, Washington Drive, Market Rasen, LN8 3NN11, Washington Drive, Market Rasen, LN8 3NN
- Sold Jul 2019£100,000 | 3 Bed House22, Washington Drive, Market Rasen, LN8 3NN22, Washington Drive, Market Rasen, LN8 3NN
Nearby Postcodes
LN8 3NN is the 861st largest and the 56th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3NP, Arlington Road, Newtoft, Market Rasen, LN8LN8 3NP19 Addresses|67 m away
- LN8 3NL, Prince William Road, Newtoft, Market Rasen, LN8LN8 3NL19 Addresses|127 m away
- LN8 3NJ, Fairfax Close, Newtoft, Market Rasen, LN8LN8 3NJ8 Addresses|133 m away
- LN8 3NW, Washington Drive, Newtoft, Market Rasen, LN8LN8 3NW31 Addresses|150 m away
- LN8 3NH, Alexandria Road, Newtoft, Market Rasen, LN8LN8 3NH12 Addresses|160 m away
Property Types
- 21 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 11 other addresses of unknown type
- mid-century house (21)
- house (1)
- early-century house (4)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (2)
- F (1)
- C (5)
- G (0)
- D (11)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Apr 2023£159,000 | 4 Bed House38, Washington Drive, Market Rasen, LN8 3NW38, Washington Drive, Market Rasen, LN8 3NW
- Sold Sep 2005£125,000 | 3 Bed House39, Washington Drive, Market Rasen, LN8 3NN39, Washington Drive, Market Rasen, LN8 3NN
- Sold Apr 2015£125,000 | 3 Bed House41, Washington Drive, Market Rasen, LN8 3NN41, Washington Drive, Market Rasen, LN8 3NN
Schools Nearby
- Faldingworth Community Primary School2.5 km away
- Normanby Primary School4.8 km away
- The Middle Rasen Primary School5.3 km away
- De Aston School7.2 km away
- William Farr CofE Comprehensive School7.7 km away
- The Priory Pembroke Academy13.2 km away
More reading links
Public Transport Nearby
The closest station to LN8 3NN is Market Rasen station, which is 6.5 kilometres away.
- Market Rasen|6.5 km away
- Lincoln|16.9 km away
- Kirton Lindsey|17.4 km away
- Saxilby|18.9 km away