2, Miller Way
2, Miller Way
Description & Estimates
Public records show 2, Miller Way, Gainsborough to be a modern freehold house with 635 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Miller Way, Gainsborough has an estimated sale value of £178,965 and an estimated rental value of £793 per month, assuming reasonable condition and based on the information available.
Miller Way, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
2, Miller Way, Gainsborough has a single entry in the Land Registry from March 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Miller Way, Gainsborough would be worth £187,913, with a potential rental value of £833 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £166,437, with a rental value of £738 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, Miller Way, Gainsborough has dropped by £1,450 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (4.4%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
2, Miller Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 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, Miller Way, Gainsborough last changed hands on 21st March 2024, selling for £154,995. 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 17.6% since March 2024.
- Sold Mar 2024£154,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of 2, Miller Way, Gainsborough across the last 2 years.
Most recently, 7, Miller Way, Gainsborough, DN21 1FS, a leasehold house, sold at £50,999 on the 22nd September 2023.
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, Miller Way, Gainsborough as the 27th largest and the 26th most expensive of the 31 addresses on Miller Way, Gainsborough, DN21.
Against the DN21 postcode district average, it is £8k less expensive than the typical property.
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Schools Nearby
- 500mBenjamin Adlard Primary School
- 900mSt George's Church of England Community Primary School, Gainsborough
- 1.4kmThe Gainsborough Hillcrest Early Years Academy
- 2.7kmThe Gainsborough Academy
- 3.0kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmThe Elizabethan Academy
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Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 2, Miller Way, Gainsborough at 300 metres away.
- 300mGainsborough Lea Road
- 1.6kmGainsborough Central
- 14.5kmRetford
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
