241, Lea Road
241, Lea Road
Description & Estimates
Public records show 241, Lea Road, Gainsborough to be a period freehold house with 764 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
241, Lea Road, Gainsborough has an estimated sale value of £118,078 and an estimated rental value of £726 per month, assuming reasonable condition and based on the information available.
Lea Road, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
241, Lea Road, Gainsborough has 31 entries in the Land Registry , most recently in January 2008 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 241, Lea Road, Gainsborough would be worth £123,981, with a potential rental value of £762 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,812, with a rental value of £675 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 241, Lea Road, Gainsborough has fallen by £957 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (4.4%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
241, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
241, Lea Road, Gainsborough last changed hands on 25th January 2008, selling for £88,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 50.4% since January 2008.
- Sold Jan 2008£88,500
- Sold Jan 2008£117,950
- Sold Jan 2001£18,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 241, Lea Road, Gainsborough across the last 2 years.
Most recently, 253, Lea Road, Gainsborough, DN21 1AN, a freehold house, sold at £80,000 on the 21st October 2021.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 241, Lea Road, Gainsborough as the 226th largest and the 168th most expensive of the 267 addresses on Lea Road, Gainsborough, DN21.
Against the DN21 postcode district average, it is £69k less expensive than the typical property.
More reading links
Schools Nearby
- 600mBenjamin Adlard Primary School
- 1.2kmSt George's Church of England Community Primary School, Gainsborough
- 1.7kmThe Gainsborough Hillcrest Early Years Academy
- 2.9kmThe Gainsborough Academy
- 3.2kmThe Queen Elizabeth's High School, Gainsborough
- 13.5kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 241, Lea Road, Gainsborough at 300 metres away.
- 300mGainsborough Lea Road
- 1.8kmGainsborough Central
- 14.2kmRetford
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.
