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1, Albert Close, Gainsborough is recorded publicly as a modern freehold house across 1,001 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Albert Close, Gainsborough is £245,355 and its rental estimate is £933 per month, given the available information and assuming reasonable condition.
Albert Close, Blyton, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
1, Albert Close, Gainsborough has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Albert Close, Gainsborough, we estimate a market value of £257,623 and a rental value of £979 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,180 and £868 per month respectively.
Over the last year, 1, Albert Close, Gainsborough has seen its estimated sale value fall by £1,988 (0.8%) and its estimated rental value move up by £41 per month (4.4%). This results in an estimated gross rental yield of 4.6%.
1, Albert Close, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
The most recent sale of 1, Albert Close, Gainsborough completed on 7th August 2023 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.4% over the period since August 2023.
Over the past 2 years 3 properties similar to 1, Albert Close, Gainsborough have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 9, Saxon Court, Gainsborough, DN21 3PH, a freehold house which sold for £233,500.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Albert Close, Blyton, Gainsborough, DN21, 1, Albert Close, Gainsborough comes out as the largest and the most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the DN21 district.
From 1, Albert Close, Gainsborough, the nearest station is Gainsborough Central, 6.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Albert Close, Gainsborough, 41.8% of property is privately owned with a mortgage and 36.9% is privately owned outright.
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 1, Albert Close, Gainsborough, 19.4% of residents are recorded as possessing school level qualifications and 27.3% 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 1, Albert Close, Gainsborough, the average age was 44.7 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 1, Albert Close, Gainsborough, 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 1, Albert Close, Gainsborough, 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.