2, Ravendale Road
2, Ravendale Road
Description & Estimates
2, Ravendale Road, Gainsborough is recorded publicly as a mid-century freehold house across 785 ft2 of internal area, sitting on a 558 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Ravendale Road, Gainsborough is £172,989 and its rental estimate is £848 per month, given the available information and assuming reasonable condition.
Ravendale Road, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
2, Ravendale Road, Gainsborough has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated June 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Ravendale Road, Gainsborough, we estimate a market value of £181,639 and a rental value of £890 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,880 and £788 per month respectively.
Recent Market Change
Over the last year, 2, Ravendale Road, Gainsborough has seen its estimated sale value fall by £1,402 (0.8%) and its estimated rental value move up by £37 per month (4.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Ravendale Road, Gainsborough as measuring 558 m2.
Energy Efficiency
2, Ravendale Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Ravendale Road, Gainsborough completed on 12th July 2016 at £122,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 70.8% over the period since July 2016.
- Sold Jul 2016£122,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Ravendale Road, Gainsborough have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2022, was 7, Claythorne Drive, Gainsborough, DN21 1TZ, a freehold house which sold for £165,000.
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
Of the 56 addresses on Ravendale Road, Gainsborough, DN21, 2, Ravendale Road, Gainsborough comes out as the 49th largest and the 51st most expensive in our analysis of the public data.
It is also £14k less expensive than the average property across the DN21 district.
More reading links
Schools Nearby
- 400mThe Gainsborough Hillcrest Early Years Academy
- 500mWhite's Wood Academy
- 600mThe Gainsborough Charles Baines Community Primary School
- 1.6kmThe Gainsborough Academy
- 2.1kmThe Queen Elizabeth's High School, Gainsborough
- 14.4kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 2, Ravendale Road, Gainsborough, the nearest station is Gainsborough Central, 700 metres away.
- 700mGainsborough Central
- 1.1kmGainsborough Lea Road
- 15.0kmKirton Lindsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
