297, Lea Road
297, Lea Road
Description & Estimates
Public records show 297, Lea Road, Gainsborough to be a period freehold house with 2,034 ft2 of internal area, sitting on a 540 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
297, Lea Road, Gainsborough has an estimated sale value of £296,365 and an estimated rental value of £1,232 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
297, Lea Road, Gainsborough has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated March 2014.
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.
Price Range & Condition
In very good condition, we estimate 297, Lea Road, Gainsborough would be worth £311,183, with a potential rental value of £1,293 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,619, with a rental value of £1,146 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 297, Lea Road, Gainsborough has fallen by £6,170 (2.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £38 (3.1%). The property's estimated gross yield is currently 5.0%.
Plot Size
297, Lea Road, Gainsborough occupies a 540 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
297, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
297, Lea Road, Gainsborough last changed hands on 28th September 2007, selling for £180,000. 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 80.5% since September 2007.
- Sold Sep 2007£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 1.2 kilometres of 297, Lea Road, Gainsborough across the last 2 years.
Most recently, 267, Lea Road, Gainsborough, DN21 1AR, a freehold house, sold at £235,000 on the 28th April 2015.
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
Our analysis of the public data ranks 297, Lea Road, Gainsborough as the 9th largest and the 5th most expensive of the 267 addresses on Lea Road, Gainsborough, DN21.
Against the DN21 postcode district average, it is £109k more expensive than the typical property.
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Schools Nearby
- 1.1kmBenjamin Adlard Primary School
- 1.3kmSt George's Church of England Community Primary School, Gainsborough
- 1.6kmFrances Olive Anderson Church of England (Aided) Primary School
- 3.3kmThe Gainsborough Academy
- 3.6kmThe Queen Elizabeth's High School, Gainsborough
- 13.6kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 297, Lea Road, Gainsborough at 700 metres away.
- 700mGainsborough Lea Road
- 2.2kmGainsborough 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.
