LN8 3TJ is a residential postcode situated on Wesley Court, Market Rasen, LN8 with 10 addresses.
It ranks as the 496th largest and 87th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
LN8 3TJ is a residential postcode situated on Wesley Court, Market Rasen, LN8 with 10 addresses.
It ranks as the 496th largest and 87th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 8 houses and 2 flats.
Sale prices range from £79,166 for 1 bedroom leasehold flats (387 ft2) to £136,576 for 3 bedroom freehold houses with a garden (667 ft2) .
Monthly rental prices range from £315 pcm for 1 bed flats to £786 pcm for 3 bed houses.
The gross rental yield is between 4.4% and 6.9%.
The average value per square foot is £205.
The last sale in LN8 3TJ sold for £128,000 on 21st March 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £129,053.
The LN8 3TJ Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £129,053 |
| April 2025 | -1.6% | £132,348 |
| April 2024 | 0.8% | £134,454 |
| April 2023 | 2.9% | £133,418 |
| April 2022 | 10.5% | £129,694 |
| April 2021 | 3% | £117,364 |
| April 2020 | 1.8% | £113,894 |
| April 2019 | 8.1% | £111,840 |
| April 2018 | 1.1% | £103,467 |
| April 2017 | 6.1% | £102,382 |
| April 2016 | -1.8% | £96,502 |
| April 2015 | 6.1% | £98,284 |
| April 2014 | 5.5% | £92,605 |
| April 2013 | -2.9% | £87,743 |
| April 2012 | 2% | £90,339 |
| April 2011 | -6% | £88,585 |
| April 2010 | 1% | £94,215 |
| April 2009 | -9.8% | £93,283 |
| April 2008 | -2.1% | £103,366 |
| April 2007 | 0% | £105,603 |
The current average rental value in the postcode is £704.
The LN8 3TJ Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £704pcm |
| April 2025 | 3.6% | £678pcm |
| April 2024 | 7.1% | £654pcm |
| April 2023 | 5.2% | £611pcm |
| April 2022 | 7.6% | £580pcm |
| April 2021 | 0.9% | £539pcm |
| April 2020 | 2.1% | £534pcm |
| April 2019 | 0.9% | £523pcm |
| April 2018 | 0.1% | £519pcm |
| April 2017 | 0.4% | £518pcm |
| April 2016 | 1.2% | £516pcm |
| April 2015 | -0.4% | £510pcm |
| April 2014 | 2.9% | £513pcm |
| April 2013 | -1.7% | £498pcm |
| April 2012 | 0.5% | £506pcm |
| April 2011 | 0.2% | £504pcm |
| April 2010 | -0.2% | £503pcm |
| April 2009 | -0.8% | £504pcm |
| April 2008 | -8.6% | £508pcm |
| April 2007 | 0% | £556pcm |
The last sale was on 21st March 2025 for £128,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 13 sales since 1995.
LN8 3TJ has seen 3 sales in the last three years and no sales in the last twelve months.
LN8 3TJ is the 496th largest and the 87th most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 3TJ is Market Rasen station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN8 3TJ, 52.8% of property is privately rented and 21.1% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LN8 3TJ, 12.1% of residents are recorded as possessing school level qualifications and 21.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN8 3TJ, the average age was 47 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LN8 3TJ, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LN8 3TJ, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.