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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show 248, Lea Road, Gainsborough to be a period freehold house with 3,013 ft2 of internal area, sitting on a 1,247 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
248, Lea Road, Gainsborough has an estimated sale value of £380,192 and an estimated rental value of £1,511 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.
248, Lea Road, Gainsborough has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated June 2021.
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.
In very good condition, we estimate 248, Lea Road, Gainsborough would be worth £399,202, with a potential rental value of £1,587 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £353,579, with a rental value of £1,405 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 248, Lea Road, Gainsborough has dropped by £7,916 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £47 (3.1%). The property's estimated gross yield is currently 4.8%.
248, Lea Road, Gainsborough occupies a 1,247 m2 plot as recorded by HM Land Registry.
Of the 39 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 2nd largest.
248, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2021.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
248, Lea Road, Gainsborough last changed hands on 8th October 2021, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.2% since October 2021.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 1.2 kilometres of 248, Lea Road, Gainsborough across the last 2 years.
Most recently, Southview, The Crescent, Gainsborough, DN21 5HP, a freehold house, sold at £165,000 on the 24th August 2012.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 248, Lea Road, Gainsborough as the largest and the most expensive of the 267 addresses on Lea Road, Gainsborough, DN21.
Against the DN21 postcode district average, it is £193k more expensive than the typical property.
Gainsborough Lea Road station is the nearest stop to 248, Lea Road, Gainsborough at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 248, Lea Road, Gainsborough, 44.8% of property is privately owned outright and 33.5% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 248, Lea Road, Gainsborough, 15.4% of residents are recorded as possessing school level qualifications and 18.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 248, Lea Road, Gainsborough, the average age was 40.5 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 248, Lea Road, Gainsborough, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 248, Lea Road, Gainsborough, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
