245, Lea Road
245, Lea Road
Description & Estimates
According to the public record, 245, Lea Road, Gainsborough is a period freehold house with 785 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 245, Lea Road, Gainsborough is £119,729 and the estimated rental value is £732 per month.
Lea Road, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
245, Lea Road, Gainsborough has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated March 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 245, Lea Road, Gainsborough is in very good condition we estimate a sale value of £125,716 and a rental value of £769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,348 and a rental value of £681 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 245, Lea Road, Gainsborough has fallen by £970 (0.8%), while its estimated rental value has moved up by £32 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Plot Size
According to data from HM Land Registry, 245, Lea Road, Gainsborough sits on a plot of 102 m2.
We have plot size data on 26 out of 49 other houses in the postcode and 245, Lea Road, Gainsborough sits on the 16th largest plot.
Energy Efficiency
245, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 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
According to HM Land Registry, 245, Lea Road, Gainsborough was last sold on 12th July 2019 for £69,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen by 50.3%.
- Sold Jul 2019£69,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Lea Road, Gainsborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 253, Lea Road, Gainsborough, DN21 1AN, a freehold house which sold for £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.
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Location Comparison
Lea Road, Gainsborough, DN21 has a total of 267 addresses. According to our analysis of all the public data, 245, Lea Road, Gainsborough is the 218th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in DN21.
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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
The closest station to 245, Lea Road, Gainsborough is Gainsborough Lea Road station, which is 300 metres away.
- 300mGainsborough Lea Road
- 1.8kmGainsborough Central
- 14.2kmRetford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
