LN8 3ZR is a residential postcode situated on Barn Owl Close, Market Rasen, LN8 with 4 addresses.
It ranks as the 221st largest and 790th 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 4 properties: 4 houses.
LN8 3ZR is a residential postcode situated on Barn Owl Close, Market Rasen, LN8 with 4 addresses.
It ranks as the 221st largest and 790th 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 4 properties: 4 houses.
Sale prices range from £323,005 for 4 bedroom freehold houses with a garden (2,066 ft2) to £551,982 for 5 bedroom freehold houses with a garden (2,217 ft2) .
Monthly rental prices range from £1,246 pcm for 4 bed houses to £1,915 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.6%.
The average value per square foot is £203.
The last sale in LN8 3ZR sold for £529,500 on 1st November 2024. Since then prices are down an average of 3.8%.
The current average value in the postcode is £430,344.
The LN8 3ZR Sales Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.5% | £430,344 |
| April 2025 | -1.4% | £450,466 |
| April 2024 | 0.3% | £456,782 |
| April 2023 | 4.2% | £455,211 |
| April 2022 | 11.3% | £436,936 |
| April 2021 | 4.4% | £392,699 |
| April 2020 | 1.9% | £376,011 |
| April 2019 | 8.7% | £369,146 |
| April 2018 | 3.4% | £339,457 |
| April 2017 | 8.3% | £328,353 |
| April 2016 | 0.1% | £303,233 |
| April 2015 | 5.9% | £303,054 |
| April 2014 | 5.2% | £286,041 |
| April 2013 | 0.2% | £271,822 |
| April 2012 | 1.9% | £271,159 |
| April 2011 | -3.6% | £266,172 |
| April 2010 | 4.3% | £276,195 |
| April 2009 | -8.3% | £264,915 |
| April 2008 | -0.2% | £288,921 |
| April 2007 | 0% | £289,634 |
The current average rental value in the postcode is £1,544.
The LN8 3ZR Rental Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,544pcm |
| April 2025 | 3.7% | £1,518pcm |
| April 2024 | 6.6% | £1,463pcm |
| April 2023 | 6.7% | £1,373pcm |
| April 2022 | 8.3% | £1,286pcm |
| April 2021 | 2.1% | £1,187pcm |
| April 2020 | 2.2% | £1,162pcm |
| April 2019 | 1.8% | £1,138pcm |
| April 2018 | 2.3% | £1,117pcm |
| April 2017 | 2.6% | £1,092pcm |
| April 2016 | 2.7% | £1,065pcm |
| April 2015 | -0.3% | £1,036pcm |
| April 2014 | 2.7% | £1,039pcm |
| April 2013 | 1.3% | £1,011pcm |
| April 2012 | 0.7% | £998pcm |
| April 2011 | 2.6% | £991pcm |
| April 2010 | 3.3% | £966pcm |
| April 2009 | 0.5% | £936pcm |
| April 2008 | -6.4% | £931pcm |
| April 2007 | 0% | £995pcm |
The last sale was on 1st November 2024 for £529,500 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 2 sales since 1995.
LN8 3ZR has seen 2 sales in the last three years and no sales in the last twelve months.
LN8 3ZR is the 221st largest and the 790th most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 3ZR is Market Rasen station which is 1.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN8 3ZR, % of property is and % is .
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 3ZR, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 3ZR, 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 3ZR, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.