Washington Drive - LN8 3NW
Key Postcode Insights
LN8 3NW is a residential postcode situated on Washington Drive, Newtoft, Market Rasen, LN8 with 31 addresses.
It ranks as the 829th largest and 61st 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 31 properties: 31 houses.
- Ave. Sale Price
- £128,535
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £692pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £135/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
LN8 3NW is a residential postcode situated on Washington Drive, Newtoft, Market Rasen, LN8 with 31 addresses.
It ranks as the 829th largest and 61st 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 31 properties: 31 houses.
- Ave. Sale Price
- £128,535
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £692pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £135/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin LN8 3NW
- 32 Washington Drive
Unknown
- 34 Washington Drive
3 Bed Mid-century House
- 36 Washington Drive
3 Bed Mid-century House
- 38 Washington Drive
4 Bed Mid-century House
- 40 Washington Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in LN8 3NW sold for £95,000 on 3rd November 2023. Since then prices are up an average of 2.2%.
The current average value in the postcode is £128,535.
The LN8 3NW Sales Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £128,535 |
| June 2025 | -0.2% | £129,509 |
| June 2024 | 0.1% | £129,712 |
| June 2023 | 0.8% | £129,627 |
| June 2022 | 12.1% | £128,646 |
| June 2021 | 6.5% | £114,752 |
| June 2020 | 2.3% | £107,738 |
| June 2019 | 5.7% | £105,366 |
| June 2018 | 4% | £99,644 |
| June 2017 | 6.2% | £95,800 |
| June 2016 | 1.6% | £90,241 |
| June 2015 | 5.2% | £88,855 |
| June 2014 | 6.7% | £84,446 |
| June 2013 | -1% | £79,163 |
| June 2012 | -0.1% | £79,930 |
| June 2011 | -2.3% | £80,038 |
| June 2010 | 5.9% | £81,964 |
| June 2009 | -8.5% | £77,375 |
| June 2008 | -3.1% | £84,546 |
| June 2007 | 0% | £87,217 |
Rental Market Trends
The current average rental value in the postcode is £692.
The LN8 3NW Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £692pcm |
| June 2025 | 2.3% | £663pcm |
| June 2024 | 6.2% | £648pcm |
| June 2023 | 7.3% | £610pcm |
| June 2022 | 7.4% | £569pcm |
| June 2021 | 4.9% | £529pcm |
| June 2020 | 1.1% | £504pcm |
| June 2019 | 2.2% | £499pcm |
| June 2018 | 1.4% | £488pcm |
| June 2017 | 2.4% | £481pcm |
| June 2016 | 3.1% | £470pcm |
| June 2015 | 0.6% | £456pcm |
| June 2014 | 4.6% | £453pcm |
| June 2013 | -1.4% | £433pcm |
| June 2012 | 0.7% | £440pcm |
| June 2011 | 2.3% | £437pcm |
| June 2010 | 2.4% | £427pcm |
| June 2009 | -0.8% | £417pcm |
| June 2008 | -5.4% | £420pcm |
| June 2007 | 0% | £444pcm |
Sales History
The last sale was on 3rd November 2023 for £95,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 41 sales since 1995.
LN8 3NW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£95,000 | 3 Bed House51, Washington Drive, Market Rasen, LN8 3NW51, Washington Drive, Market Rasen, LN8 3NW
- Sold Apr 2023£159,000 | 4 Bed House38, Washington Drive, Market Rasen, LN8 3NW38, Washington Drive, Market Rasen, LN8 3NW
- Sold Mar 2021£87,000 | 3 Bed House36, Washington Drive, Market Rasen, LN8 3NW36, Washington Drive, Market Rasen, LN8 3NW
- Sold Oct 2020£112,500 | 3 Bed House54, Washington Drive, Market Rasen, LN8 3NW54, Washington Drive, Market Rasen, LN8 3NW
- Sold Feb 2020£99,500 | 3 Bed House46, Washington Drive, Market Rasen, LN8 3NW46, Washington Drive, Market Rasen, LN8 3NW
Nearby Postcodes
LN8 3NW is the 829th largest and the 61st most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3NP, Arlington Road, Newtoft, Market Rasen, LN8LN8 3NP19 Addresses|89 m away
- LN8 3NL, Prince William Road, Newtoft, Market Rasen, LN8LN8 3NL19 Addresses|92 m away
- LN8 3NG, Newtoft, Market Rasen, LN8LN8 3NG3 Addresses|111 m away
- LN8 3NH, Alexandria Road, Newtoft, Market Rasen, LN8LN8 3NH12 Addresses|129 m away
- LN8 3NJ, Fairfax Close, Newtoft, Market Rasen, LN8LN8 3NJ8 Addresses|146 m away
Property Types
- 19 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (19)
- early-century house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is E.
- A (0)
- E (10)
- B (1)
- F (1)
- C (1)
- G (1)
- D (7)
- No EPC (10)
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 School2.7 km away
- Normanby Primary School4.7 km away
- The Middle Rasen Primary School5.3 km away
- De Aston School7.3 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 3NW is Market Rasen station, which is 6.6 kilometres away.
- Market Rasen|6.6 km away
- Lincoln|16.9 km away
- Kirton Lindsey|17.3 km away
- Saxilby|18.9 km away
