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1, Canwick Way, Gainsborough is recorded publicly as a modern freehold house across 925 ft2 of internal area, sitting on a 393 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Canwick Way, Gainsborough is £238,680 and its rental estimate is £916 per month, given the available information and assuming reasonable condition.
Canwick Way, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
1, Canwick Way, Gainsborough has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Canwick Way, Gainsborough, we estimate a market value of £250,614 and a rental value of £961 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,972 and £852 per month respectively.
Over the last year, 1, Canwick Way, Gainsborough has seen its estimated sale value decrease by £1,934 (0.8%) and its estimated rental value grow by £40 per month (4.4%). This results in an estimated gross rental yield of 4.6%.
HM Land Registry records the plot of land for 1, Canwick Way, Gainsborough as measuring 393 m2.
That makes it the 3rd largest plot in the postcode, where 28 of the 31 other houses have recorded plot data.
1, Canwick Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Canwick Way, Gainsborough completed on 23rd April 2021 at £222,500 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 20.0% over the period since April 2021.
Over the past 2 years 3 properties similar to 1, Canwick Way, Gainsborough have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2023, was 15, Canwick Way, Gainsborough, DN21 1QD, a freehold house which sold for £225,000.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 31 addresses on Canwick Way, Gainsborough, DN21, 1, Canwick Way, Gainsborough comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the DN21 district.
From 1, Canwick Way, Gainsborough, the nearest station is Gainsborough Central, 1.2 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, Canwick Way, Gainsborough, % of property is and % is .
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, Canwick Way, Gainsborough, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Canwick Way, 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, Canwick Way, Gainsborough, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.