3, Mill Mere Road
3, Mill Mere Road
Description & Estimates
Public records show 3, Mill Mere Road, Gainsborough to be a period freehold house with 1,001 ft2 of internal area, sitting on a 479 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Mill Mere Road, Gainsborough has an estimated sale value of £247,561 and an estimated rental value of £931 per month, assuming reasonable condition and based on the information available.
Mill Mere Road, Corringham, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
3, Mill Mere Road, Gainsborough has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated March 2015.
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
In very good condition, we estimate 3, Mill Mere Road, Gainsborough would be worth £259,939, with a potential rental value of £977 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,232, with a rental value of £866 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, Mill Mere Road, Gainsborough has decreased by £2,006 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £41 (4.4%). The property's estimated gross yield is currently 4.5%.
Plot Size
3, Mill Mere Road, Gainsborough occupies a 479 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
3, Mill Mere Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Mill Mere Road, Gainsborough last changed hands on 1st November 2013, selling for £135,000. 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 23.4% since November 2013.
- Sold Nov 2013£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of 3, Mill Mere Road, Gainsborough across the last 2 years.
Most recently, 19, East Lane, Gainsborough, DN21 5QU, a freehold house, sold at £242,000 on the 31st July 2023.
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 3, Mill Mere Road, Gainsborough as the 14th largest and the 14th most expensive of the 16 addresses on Mill Mere Road, Corringham, Gainsborough, DN21.
Against the DN21 postcode district average, it is £60k more expensive than the typical property.
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Schools Nearby
- 100mCorringham CofE VC Primary School
- 3.7kmBlyton Cum Laughton Church of England School
- 4.6kmThe Gainsborough Charles Baines Community Primary School
- 4.3kmThe Gainsborough Academy
- 5.7kmThe Queen Elizabeth's High School, Gainsborough
- 10.1kmKirton Academy
More reading links
Public Transport Nearby
Gainsborough Central station is the nearest stop to 3, Mill Mere Road, Gainsborough at 5.4 kilometres away.
- 5.4kmGainsborough Central
- 6.0kmGainsborough Lea Road
- 10.2kmKirton Lindsey
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.
