156, Lea Road
156, Lea Road
Description & Estimates
The public record lists 156, Lea Road, Gainsborough as a freehold house.
Comparison with its neighbours suggests a period house with 1,738 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
156, Lea Road, Gainsborough has an estimated sale value of £182,817 and an estimated rental value of £947 per month, assuming reasonable condition and based on the information available.
Lea Road, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
156, Lea Road, Gainsborough has 31 entries in the Land Registry , most recently in November 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 156, Lea Road, Gainsborough would be worth £191,958, with a potential rental value of £994 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £170,020, with a rental value of £881 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 156, Lea Road, Gainsborough has dropped by £3,001 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £34 (3.5%). The property's estimated gross yield is currently 6.2%.
Sold Prices
156, Lea Road, Gainsborough last changed hands on 6th November 2009, selling for £155,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 78.3% since November 2009.
- Sold Nov 2009£155,000
- Sold Dec 1996£38,000
- Sold Jun 1995£43,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 940 metres of 156, Lea Road, Gainsborough across the last 2 years.
Most recently, 174, Lea Road, Gainsborough, DN21 1AN, a freehold house, sold at £130,000 on the 30th August 2019.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 156, Lea Road, Gainsborough as the 22nd largest and the 69th most expensive of the 267 addresses on Lea Road, Gainsborough, DN21.
Against the DN21 postcode district average, it is £4k less expensive than the typical property.
More reading links
Schools Nearby
- 600mBenjamin Adlard Primary School
- 1.2kmSt George's Church of England Community Primary School, Gainsborough
- 1.7kmThe Gainsborough Hillcrest Early Years Academy
- 2.9kmThe Gainsborough Academy
- 3.2kmThe Queen Elizabeth's High School, Gainsborough
- 13.5kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 156, Lea Road, Gainsborough at 300 metres away.
- 300mGainsborough Lea Road
- 1.8kmGainsborough Central
- 14.2kmRetford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
