19, Meldrum Drive
19, Meldrum Drive
Description & Estimates
The public record describes 19, Meldrum Drive, Gainsborough as a modern house with 570 ft2 of internal area, sitting on a 109 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
19, Meldrum Drive, Gainsborough has an estimated sale value of £132,577 and an estimated rental value of £684 per month, assuming reasonable condition and based on the information available.
Meldrum Drive, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
19, Meldrum Drive, Gainsborough has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 19, Meldrum Drive, Gainsborough would be worth £139,206, with a potential rental value of £718 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £123,296, with a rental value of £636 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 19, Meldrum Drive, Gainsborough has decreased by £480 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £36 (5.3%). The property's estimated gross yield is currently 6.2%.
Plot Size
19, Meldrum Drive, Gainsborough occupies a 109 m2 plot as recorded by HM Land Registry.
Of the 46 other houses in this postcode, 39 have recorded plot sizes, and this one ranks as the 29th largest.
Energy Efficiency
19, Meldrum Drive, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
19, Meldrum Drive, Gainsborough last changed hands on 14th October 2005, selling for £62,250. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Oct 2005£62,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 19, Meldrum Drive, Gainsborough across the last 2 years.
Most recently, 17, Meldrum Drive, Gainsborough, DN21 1GS, a freehold house, sold at £115,000 on the 29th November 2024.
Read more about house prices in DN21.
- Sold Nov 2024£115,000 | 2 Bed House17, Meldrum Drive, Gainsborough, DN21 1GS17, Meldrum Drive, Gainsborough, DN21 1GS
- Sold Jun 2023£112,000 | 2 Bed House3, Meldrum Drive, Gainsborough, DN21 1GS3, Meldrum Drive, Gainsborough, DN21 1GS
- Sold Nov 2022£169,000 | 2 Bed House59, Willoughby Chase, Gainsborough, DN21 1GR59, Willoughby Chase, Gainsborough, DN21 1GR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 19, Meldrum Drive, Gainsborough as the 44th largest and the 44th most expensive of the 46 addresses on Meldrum Drive, Gainsborough, DN21.
Against the DN21 postcode district average, it is £55k less expensive than the typical property.
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Schools Nearby
- 600mBenjamin Adlard Primary School
- 1.0kmSt George's Church of England Community Primary School, Gainsborough
- 1.6kmThe Gainsborough Hillcrest Early Years Academy
- 2.8kmThe Gainsborough Academy
- 3.1kmThe Queen Elizabeth's High School, Gainsborough
- 13.6kmThe Elizabethan Academy
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Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 19, Meldrum Drive, Gainsborough at 200 metres away.
- 200mGainsborough Lea Road
- 1.7kmGainsborough Central
- 14.3kmRetford
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.
