Market outlook for LN1
Key indicators for buyers
The LN1 market looks favourable for buyers. Prices have softened (-34.0%), which could present a buying opportunity. Affordability has improved from a peak of 6.1x in 2021 to 5.2x today. Rising rents (£944/mo, +7.2%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Lincoln area
A home in Lincoln costs 5.2x the local median salary — moderate, improving from a peak of 6.1x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lincoln area
Average monthly rent in Lincoln is £944, up 7.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lincoln price of £162,750 with a 25% deposit (£41k), a 2-year fixed mortgage at 3.97% costs around £642 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LN1 avg. price with Lincoln rental data
Monthly mortgage payments (£642) are £302 less than renting (£944). However, buying requires an upfront deposit of £41k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
39, STAINTON GARDENS LN1 3TH | Semi-detached | £115,000 | 23 Jan 2026 |
60, WILSON STREET LN1 3HY | Terraced | £165,000 | 16 Jan 2026 |
14, THE GREEN, INGHAM LN1 2XT | Semi-detached | £220,000 | 13 Jan 2026 |
50, WESTCLIFFE STREET LN1 3TZ | Terraced | £165,000 | 12 Jan 2026 |
17, THE MOORINGS, BURTON WATERS LN1 2WQ | Terraced | £151,500 | 9 Jan 2026 |
5, THIRD AVENUE, SCAMPTON LN1 2UT | Semi-detached | £160,000 | 9 Jan 2026 |
50, BURTON ROAD LN1 3LB | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.