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Company No. 11113204
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According to the public record, 271, Lea Road, Gainsborough is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,568 ft2 of internal area and sits on a 279 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 271, Lea Road, Gainsborough is £223,454 and the estimated rental value is £994 per month.
Lea Road, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
271, Lea Road, Gainsborough has 21 entries in the Land Registry , most recently in January 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 271, Lea Road, Gainsborough is in very good condition we estimate a sale value of £234,627 and a rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,812 and a rental value of £925 per month.
Over the last 12 months the sale value of 271 Lea Road Gainsborough has decreased by an estimated £3,668 (1.6%) and its rental value has increased by an estimated £35 per month (3.5%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 271, Lea Road, Gainsborough sits on a plot of 279m2.
We have plot size data on 25 out of 37 other houses in the postcode and 271, Lea Road, Gainsborough sits on the 24th largest plot.
According to HM Land Registry, 271, Lea Road, Gainsborough was last sold on 29th January 2010 for £168,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2010, the market for similar properties has risen 76.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271, Lea Road, Gainsborough within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 285, Lea Road, Gainsborough, DN21 1AR, a freehold house which sold for £182,500 on the 22nd September 2023.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Road, Gainsborough, DN21 has a total of 267 addresses. According to our analysis of all the public data, 271, Lea Road, Gainsborough is the 37th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in DN21.
The closest station to 271, Lea Road, Gainsborough is Gainsborough Lea Road station which is 700 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 271, Lea Road, Gainsborough, 37.2% of property is privately owned with a mortgage and 31.7% is privately owned outright.
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 271, Lea Road, Gainsborough, 11.6% of residents are recorded as possessing school level qualifications and 19.0% 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 271, 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 271, Lea Road, Gainsborough, 0.5% 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 271, Lea Road, Gainsborough, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
