2, Althing Place
2, Althing Place
Description & Estimates
Public records show 2, Althing Place, Gainsborough to be a modern freehold house with 1,130 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Althing Place, Gainsborough has an estimated sale value of £297,411 and an estimated rental value of £1,080 per month, assuming reasonable condition and based on the information available.
Althing Place, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
2, Althing Place, Gainsborough has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated March 2024.
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.
Price Range & Condition
In very good condition, we estimate 2, Althing Place, Gainsborough would be worth £312,281, with a potential rental value of £1,134 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,592, with a rental value of £1,004 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 2, Althing Place, Gainsborough has declined by £2,410 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £48 (4.4%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
2, Althing Place, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Althing Place, Gainsborough last changed hands on 28th June 2024, selling for £294,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.4% since June 2024.
- Sold Jun 2024£294,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 2, Althing Place, Gainsborough across the last 2 years.
Most recently, 1, Housecarl End, Gainsborough, DN21 1QP, a freehold house, sold at £275,000 on the 11th November 2024.
Read more about house prices in DN21.
•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 2, Althing Place, Gainsborough as the 3rd largest and the 3rd most expensive of the 4 addresses on Althing Place, Gainsborough, DN21.
Against the DN21 postcode district average, it is £110k more expensive than the typical property.
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Schools Nearby
- 200mCastle Wood Academy
- 1.0kmThe Gainsborough Parish Church Primary School
- 1.0kmMercer's Wood Academy
- 700mThe Queen Elizabeth's High School, Gainsborough
- 800mThe Gainsborough Academy
- 13.3kmSouth Axholme Academy
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Public Transport Nearby
Gainsborough Central station is the nearest stop to 2, Althing Place, Gainsborough at 1.2 kilometres away.
- 1.2kmGainsborough Central
- 2.7kmGainsborough Lea Road
- 14.2kmKirton Lindsey
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
