3, Foundry Yard 56
3, Foundry Yard 56
Description & Estimates
Public records show 3, Foundry Yard 56, Gainsborough to be a modern leasehold apartment with 691 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Foundry Yard 56, Gainsborough has an estimated sale value of £94,902 and an estimated rental value of £445 per month, assuming reasonable condition and based on the information available.
The apartment sits within Foundry Yard, Bridge Street, Gainsborough, DN21.
Bridge Street, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
3, Foundry Yard 56, Gainsborough has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated November 2010.
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 3, Foundry Yard 56, Gainsborough would be worth £99,647, with a potential rental value of £467 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £88,259, with a rental value of £414 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 3, Foundry Yard 56, Gainsborough has dropped by £2,018 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (2.6%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
3, Foundry Yard 56, Gainsborough has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 09 Nov 2010.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
3, Foundry Yard 56, Gainsborough last changed hands on 22nd January 2019, selling for £75,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.6% since January 2019.
- Sold Jan 2019£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 3, Foundry Yard 56, Gainsborough across the last 2 years.
Most recently, Apartment 19, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT, a leasehold flat, sold at £84,000 on the 20th August 2024.
Read more about house prices in DN21.
- Sold Aug 2024£84,000 | 2 Bed FlatGranary Wharf, Bridge StreetApartment 19, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT
- Sold May 2024£117,000 | 2 Bed FlatGranary Wharf, Bridge StreetApartment 6, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT
- Sold Dec 2023£80,500 | 2 Bed FlatMiller Court 92, Bridge StreetApartment 9, Miller Court 92, Bridge Street, Gainsborough, DN21 1LP
•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 3, Foundry Yard 56, Gainsborough as the 65th largest and the 74th most expensive of the 184 addresses on Bridge Street, Gainsborough, DN21.
Against the DN21 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 700mThe Gainsborough Parish Church Primary School
- 900mBenjamin Adlard Primary School
- 1.1kmThe Gainsborough Hillcrest Early Years Academy
- 1.8kmThe Queen Elizabeth's High School, Gainsborough
- 2.0kmThe Gainsborough Academy
- 13.7kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Central station is the nearest stop to 3, Foundry Yard 56, Gainsborough at 600 metres away.
- 600mGainsborough Central
- 1.2kmGainsborough Lea Road
- 14.5kmRetford
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
