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House Prices in LN11 House Prices in LN11 (Louth)

The average house price in LN11 (Louth) is £251,786 using HM Land Registry data.

The average property price increased by £74,532 (31.96%) over the last 5 years and increased by £14,934 (4.64%) over the last 12 months.

Over the last year, there were 267 residential property sales – a decrease of 199 transactions (-74.53%) relative to the previous year. The majority of house sales (66) were in the £120,000 - £180,000 range. Then came properties in the £180,000 - £240,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 126 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,296 (-3%).

In Dec 24, there were 44 new estate agency instructions, 48 agreed home sales and 46 property price reductions.

Nearby Postcodes: DN21, DN32, DN33, DN35, DN36, DN37, LN1, LN10, LN12, LN13, LN2, LN3, LN7, LN8, LN9, PE22, PE23, PE24

5-Year Average Property Prices in LN11 (Louth)

31.96%

Property prices in Louth increased by 31.96% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN11 (Louth) Over the Last Year

4.64%

Property prices in Louth increased by 4.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LN11 (Louth) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN11 (Louth)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN11 (Louth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN11 postcode area since 1995.

Recent Sales in LN11 (Louth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Fulmar Drive, Louth, Lincolnshire, LN11 0ST£140,000£138,000-£2,00011 Sep 202422 Nov 202472 Days
Ashtree House, Main Road, Covenham St Bartholomew, Louth, Lincolnshire, LN11 0PF£375,000£360,000-£15,00023 Apr 202415 Nov 2024206 Days
71 Jubilee Crescent, Louth, Lincolnshire, LN11 0AL£125,000£122,500-£2,50002 Aug 202408 Nov 202498 Days
Kia-mar, London Road, Raithby Cum Maltby, Louth, Lincolnshire, LN11 8QH£200,000£190,000-£10,00020 May 202408 Nov 2024172 Days
29 Spire View Road, Louth, Lincolnshire, LN11 8SL£250,000£247,500-£2,50022 May 202404 Nov 2024166 Days
5 Burton Court, Louth, Lincolnshire, LN11 8RJ£145,000£142,500-£2,50002 Aug 202430 Oct 202489 Days
Tumblydown Cottage, North End, Saltfleetby, Louth, Lincolnshire, LN11 7SP£335,000£335,000£0002 Jul 202425 Oct 2024115 Days
Thus Far, Eastfield Lane, Grimoldby, Louth, Lincolnshire, LN11 8TD£250,000£242,500-£7,50013 Jan 202424 Oct 2024285 Days
34 Abbey Road, Louth, Lincolnshire, LN11 8AQ£199,995£185,000-£14,99517 May 202418 Oct 2024154 Days
6 Little Lane, Louth, Lincolnshire, LN11 9DU£150,000£142,500-£7,50026 Apr 202418 Oct 2024175 Days
Well Holme, Conisholme Road, North Somercotes, Louth, Lincolnshire, LN11 7PS£289,950£287,000-£2,95001 Feb 202416 Oct 2024258 Days
1 Jacobs Close, Utterby, Louth, Lincolnshire, LN11 0GJ£540,000£540,000£0019 Apr 202415 Oct 2024179 Days
152 High Holme Road, Louth, Lincolnshire, LN11 0HE£152,000£117,743-£34,25716 Aug 202311 Oct 2024422 Days
56 Evison Way, North Somercotes, Louth, Lincolnshire, LN11 7PE£140,000£135,000-£5,00026 Jul 202404 Oct 202470 Days
16 Alexandra Road, Louth, Lincolnshire, LN11 0ND£130,000£125,000-£5,00013 May 202403 Oct 2024143 Days
50 Kidgate, Louth, Lincolnshire, LN11 9BU£180,000£180,000£0010 Jun 202403 Oct 2024115 Days
Honeysuckle Cottage, Ludney Lane, Ludney, Louth, Lincolnshire, LN11 7JX£435,000£430,000-£5,00026 Dec 202323 Aug 2024241 Days
119a, High Holme Road, Louth, Lincolnshire, LN11 0HD£425,000£400,000-£25,00004 Apr 202415 Aug 2024133 Days
1 Worcester Close, Louth, Lincolnshire, LN11 9FG£340,000£325,000-£15,00008 May 202414 Aug 202498 Days
6 Fulmar Drive, Louth, Lincolnshire, LN11 0ST£149,950£147,000-£2,95015 Apr 202409 Aug 2024116 Days

Most Expensive Streets in LN11 (Louth)

PostcodeStreetAreaAverageNo. of Sales
LN11 0QWCrowtree LaneLouth£741,6256
LN11 8GNKenwick ViewLouth£647,27211
LN11 9QTHorncastle RoadLouth£628,1663
LN11 9LDHorncastle RoadLouth£581,1666
LN11 9FJRoman WayLouth£565,0003
LN11 0THChurch Lane, UtterbyLouth£557,45411
LN11 0DTSt Marys LaneLouth£536,57510
LN11 0ZSJacklin Lane, FulstowLouth£520,0003
LN11 9RRRaithby Cum MaltbyLouth£510,3333
LN11 8QYBrinkhillLouth£498,0007

Least Expensive Streets in LN11 (Louth)

PostcodeStreetAreaAverageNo. of Sales
LN11 0LZNorthgate CourtLouth£84,8754
LN11 7BALucern CourtLouth£88,9663
LN11 0LYNorthgateLouth£92,3005
LN11 7WAForlander PlaceLouth£93,6005
LN11 9DDChurch StreetLouth£99,3754
LN11 9JGMercer RowLouth£99,8333
LN11 9ALPriory RoadLouth£100,5007
LN11 8UQCarlton Park, ManbyLouth£104,57613
LN11 7ABCommercial RoadLouth£104,8333
LN11 0JWJames StreetLouth£105,5006

Explore LN11 (Louth) using map

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