247, Lea Road
247, Lea Road
Description & Estimates
According to the public record, 247, Lea Road, Gainsborough is a mid-century freehold house with 796 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 247, Lea Road, Gainsborough is £120,546 and the estimated rental value is £735 per month.
Lea Road, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
247, Lea Road, Gainsborough has 41 entries in the Land Registry , most recently in May 2008 and a single entry in the EPC database dated August 2022.
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 247, Lea Road, Gainsborough is in very good condition we estimate a sale value of £126,574 and a rental value of £772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,108 and a rental value of £684 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 247, Lea Road, Gainsborough has fallen by £977 (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, 247, 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 247, Lea Road, Gainsborough sits on the 17th largest plot.
Energy Efficiency
247, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2022.
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, 247, Lea Road, Gainsborough was last sold on 29th May 2008 for £110,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2008, the market for similar properties has risen by 52.3%.
- Sold May 2008£110,000
- Sold Aug 2004£88,500
- Sold Oct 2003£59,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 247, Lea Road, Gainsborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 3 Bankside, Lea Road, Gainsborough, DN21 1AW, a freehold house which sold for £110,800 on the 17th January 2024.
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, 247, Lea Road, Gainsborough is the 213th largest and the 161st 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 247, 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.
