LN8 6BL is a residential postcode situated on Binbrook Hill, Binbrook, Market Rasen, LN8 with 7 addresses.
It ranks as the 396th largest and 582nd most expensive of the 920 postcodes in the LN8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
LN8 6BL is a residential postcode situated on Binbrook Hill, Binbrook, Market Rasen, LN8 with 7 addresses.
It ranks as the 396th largest and 582nd most expensive of the 920 postcodes in the LN8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £228,148 for 3 bedroom freehold houses with a garden (936 ft2) to £448,437 for 5 bedroom freehold houses with a garden (2,303 ft2) .
Monthly rental prices range from £1,005 pcm for 3 bed houses to £1,741 pcm for 5 bed houses.
The gross rental yield is between 4.7% and 5.3%.
The average value per square foot is £195.
The current average value in the postcode is £319,327.
The LN8 6BL Sales Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £319,327 |
| April 2025 | 0.9% | £328,662 |
| April 2024 | 0.1% | £325,681 |
| April 2023 | 2.4% | £325,334 |
| April 2022 | 10.4% | £317,831 |
| April 2021 | 5.7% | £287,864 |
| April 2020 | 1.7% | £272,452 |
| April 2019 | 6.4% | £267,885 |
| April 2018 | 3.2% | £251,667 |
| April 2017 | 5.6% | £243,863 |
| April 2016 | 1.7% | £230,850 |
| April 2015 | 4.8% | £227,002 |
| April 2014 | 6.3% | £216,640 |
| April 2013 | 0.1% | £203,863 |
| April 2012 | -1.2% | £203,571 |
| April 2011 | -3.8% | £205,971 |
| April 2010 | 3.3% | £214,203 |
| April 2009 | -8% | £207,366 |
| April 2008 | 0.9% | £225,515 |
| April 2007 | 0% | £223,534 |
The current average rental value in the postcode is £1,300.
The LN8 6BL Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,300pcm |
| April 2025 | 4.1% | £1,264pcm |
| April 2024 | 6.5% | £1,215pcm |
| April 2023 | 6.5% | £1,141pcm |
| April 2022 | 8.6% | £1,072pcm |
| April 2021 | 2.1% | £986pcm |
| April 2020 | 2.1% | £966pcm |
| April 2019 | 1.5% | £946pcm |
| April 2018 | 1.9% | £932pcm |
| April 2017 | 2.1% | £914pcm |
| April 2016 | 2.7% | £896pcm |
| April 2015 | 0% | £872pcm |
| April 2014 | 3.3% | £872pcm |
| April 2013 | 0.6% | £844pcm |
| April 2012 | 0.1% | £839pcm |
| April 2011 | 1.9% | £838pcm |
| April 2010 | 3.1% | £822pcm |
| April 2009 | 0.1% | £797pcm |
| April 2008 | -7.4% | £796pcm |
| April 2007 | 0% | £860pcm |
LN8 6BL is the 396th largest and the 582nd most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 6BL is Market Rasen station which is 12.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LN8 6BL, 52.5% of property is privately owned outright and 23.7% 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 6BL, 6.5% of residents are recorded as possessing school level qualifications and 27.0% 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 6BL, the average age was 48.1 and the most common age was 72.
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 6BL, 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 6BL, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.