Property Prices in LN2 (LN2 1AA)

Analysis of recent property sales -- official HM Land Registry data

Last updated: 01/09/2026
£145,000
Median Price
£219,959
Average Price
31
Transactions
£75,000 - £1,950,000
Price Range

Market Overview: LN2

Land Registry records 31 residential transactions in LN2 across the last twelve months — a middle-of-the-road volume that supports broad price indications without pinning a specific street. Individual sales ranged from £75k to £1.95m, which is a normal spread for a postcode of this size.

The local market is dominated by terraced houses, which made up 77% of all sales in the sample, while flats accounted for 19%. A terraced-house majority usually reflects Victorian or Edwardian stock — long runs of three- or four-storey houses that rarely come to market vacant.

The LN2 1AA dataset is a reasonable baseline, but decisions at the individual-property level should still lean on matched comparables rather than the area median alone. On the rental side, the estimated gross yield on a median-priced property here is around 7.4%, based on ONS regional rents.

Average House Price in LN2

The average house price in LN2 (LN2 1AA) is £219,959, based on 31 transactions recorded by HM Land Registry. The median price is £145,000, giving a price range from £75,000 to £1,950,000.

£1,891
Avg. Price per m²

Recent Sales

Date Price Type Area
2026-01-19 £192,500 T 110.0 m²
2026-01-09 £125,000 T 63.0 m²
2025-12-19 £96,500 F 61.0 m²
2025-12-18 £245,000 T 95.0 m²
2025-12-18 £75,000 F 48.0 m²

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Stamp Duty Estimate for LN2 1AA

Stamp Duty (SDLT)
Effective Rate

Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.

Gross Rental Yield in LN2

7.4%
Estimated Gross Rental Yield
Based on median price of £145,000 and average England monthly rent of £900/month (£10800/year).
Source: ONS regional rental averages. Actual yields vary by property type and condition.

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Frequently Asked Questions

What is the average house price in LN2 1AA?
The average house price in LN2 (LN2 1AA) is £219,959, with a median price of £145,000. This is based on 31 recent transactions recorded by HM Land Registry.
How many properties were sold in LN2 1AA?
There have been 31 property transactions recorded in LN2 (LN2 1AA) in the most recent data period, according to HM Land Registry records.
What is the rental yield in LN2 1AA?
The estimated gross rental yield in LN2 (LN2 1AA) is 7.4%, calculated from a median property price of £145,000 and average England rents of £900/month (ONS data).