3, Althing Place
3, Althing Place
Description & Estimates
3, Althing Place, Gainsborough is recorded publicly as a modern freehold house across 1,227 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Althing Place, Gainsborough is £315,892 and its rental estimate is £1,136 per month, given the available information and assuming reasonable condition.
Althing Place, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
3, Althing Place, Gainsborough has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Althing Place, Gainsborough, we estimate a market value of £331,686 and a rental value of £1,192 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £293,779 and £1,056 per month respectively.
Recent Market Change
Over the last year, 3, Althing Place, Gainsborough has seen its estimated sale value drop by £5,185 (1.6%) and its estimated rental value rise by £40 per month (3.5%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
3, Althing Place, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Althing Place, Gainsborough completed on 3rd May 2024 at £315,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 43.5% over the period since May 2024.
- Sold May 2024£315,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Althing Place, Gainsborough have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2024, was 1, Housecarl End, Gainsborough, DN21 1QP, a freehold house which sold for £275,000.
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
Of the 4 addresses on Althing Place, Gainsborough, DN21, 3, Althing Place, Gainsborough comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £129k more expensive than the average property across the DN21 district.
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Schools Nearby
- 200mCastle Wood Academy
- 1.0kmThe Gainsborough Parish Church Primary School
- 1.0kmMercer's Wood Academy
- 700mThe Queen Elizabeth's High School, Gainsborough
- 800mThe Gainsborough Academy
- 13.3kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 3, Althing Place, Gainsborough, the nearest station is Gainsborough Central, 1.2 kilometres away.
- 1.2kmGainsborough Central
- 2.7kmGainsborough Lea Road
- 14.2kmKirton Lindsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
