LN8 5RZ is a residential postcode situated on South View, East Barkwith, Market Rasen, LN8 with 4 addresses.
It ranks as the 227th largest and 479th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
LN8 5RZ is a residential postcode situated on South View, East Barkwith, Market Rasen, LN8 with 4 addresses.
It ranks as the 227th largest and 479th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £251,231 for 3 bedroom freehold houses with a garden (936 ft2) to £265,897 for 3 bedroom freehold houses with a garden (1,044 ft2) .
Monthly rental prices range from £996 pcm for 3 bed houses to £1,034 pcm for 3 bed houses.
The gross rental yield is between 4.7% and 4.8%.
The average value per square foot is £259.
The last sale in LN8 5RZ sold for £42,000 on 8th September 1999. Since then prices are down an average of 0.0%.
The current average value in the postcode is £260,055.
The LN8 5RZ Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £260,055 |
| April 2025 | 1.4% | £265,714 |
| April 2024 | -2% | £262,112 |
| April 2023 | 3.2% | £267,370 |
| April 2022 | 11.8% | £259,103 |
| April 2021 | 6.2% | £231,800 |
| April 2020 | 2.8% | £218,192 |
| April 2019 | 4.3% | £212,279 |
| April 2018 | 3.2% | £203,605 |
| April 2017 | 5.3% | £197,368 |
| April 2016 | 4.3% | £187,413 |
| April 2015 | 6% | £179,612 |
| April 2014 | 5.5% | £169,499 |
| April 2013 | 1.3% | £160,617 |
| April 2012 | -0.4% | £158,497 |
| April 2011 | -2.9% | £159,134 |
| April 2010 | 4.1% | £163,894 |
| April 2009 | -10.8% | £157,410 |
| April 2008 | -1.1% | £176,485 |
| April 2007 | 0% | £178,402 |
The current average rental value in the postcode is £1,019.
The LN8 5RZ Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,019pcm |
| April 2025 | 5.2% | £980pcm |
| April 2024 | 4% | £932pcm |
| April 2023 | 6.8% | £896pcm |
| April 2022 | 8.3% | £839pcm |
| April 2021 | 2.6% | £774pcm |
| April 2020 | 1.5% | £755pcm |
| April 2019 | 0.5% | £744pcm |
| April 2018 | 0.5% | £740pcm |
| April 2017 | 2.1% | £736pcm |
| April 2016 | 2.4% | £721pcm |
| April 2015 | 2.5% | £704pcm |
| April 2014 | 3.4% | £687pcm |
| April 2013 | 1.7% | £664pcm |
| April 2012 | 0.6% | £653pcm |
| April 2011 | 1.8% | £649pcm |
| April 2010 | 4.1% | £637pcm |
| April 2009 | -4.6% | £612pcm |
| April 2008 | 1.7% | £641pcm |
| April 2007 | 0% | £631pcm |
The last sale was on 8th September 1999 for £42,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
LN8 5RZ has seen no sales in the last three years and no sales in the last twelve months.
LN8 5RZ is the 227th largest and the 479th most expensive postcode out of the 920 postcodes in the LN8 area.
Be the first Estate
Agent here!
The closest station to LN8 5RZ is Market Rasen station which is 9.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around LN8 5RZ, 51.3% of property is privately owned outright and 27.6% is privately owned with a mortgage.
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 5RZ, 15.5% of residents are recorded as possessing school level qualifications and 31.6% 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 5RZ, the average age was 49.5 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 5RZ, 0.5% 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 5RZ, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!