2, Priory Way
2, Priory Way
Description & Estimates
Public records show 2, Priory Way, Gainsborough to be a modern freehold house with 731 ft2 of internal area, sitting on a 483 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Priory Way, Gainsborough has an estimated sale value of £203,711 and an estimated rental value of £821 per month, assuming reasonable condition and based on the information available.
Priory Way, Lea, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
2, Priory Way, Gainsborough has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated September 2020.
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, Priory Way, Gainsborough would be worth £213,896, with a potential rental value of £862 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £189,451, with a rental value of £764 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, Priory Way, Gainsborough has fallen by £1,651 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (4.4%). The property's estimated gross yield is currently 4.8%.
Plot Size
2, Priory Way, Gainsborough occupies a 483 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
2, Priory Way, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Priory Way, Gainsborough last changed hands on 29th April 2021, selling for £185,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 2.5% since April 2021.
- Sold Apr 2021£185,000
- Sold Apr 1999£66,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.1 kilometres of 2, Priory Way, Gainsborough across the last 2 years.
Most recently, 4, Meadow Rise, Gainsborough, DN21 5HE, a freehold house, sold at £182,000 on the 29th April 2022.
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, Priory Way, Gainsborough as the 19th largest and the 19th most expensive of the 20 addresses on Priory Way, Lea, Gainsborough, DN21.
Against the DN21 postcode district average, it is £17k more expensive than the typical property.
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Schools Nearby
- 300mFrances Olive Anderson Church of England (Aided) Primary School
- 2.2kmSt George's Church of England Community Primary School, Gainsborough
- 2.3kmBenjamin Adlard Primary School
- 4.2kmThe Gainsborough Academy
- 4.8kmThe Queen Elizabeth's High School, Gainsborough
- 13.9kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 2, Priory Way, Gainsborough at 2.0 kilometres away.
- 2.0kmGainsborough Lea Road
- 3.4kmGainsborough Central
- 13.0kmSaxilby
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.
