3, Park Close
3, Park Close
Description & Estimates
3, Park Close, Gainsborough is recorded publicly as a modern freehold house across 1,967 ft2 of internal area, sitting on a 3,266 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Park Close, Gainsborough is £516,552 and its rental estimate is £1,741 per month, given the available information and assuming reasonable condition.
Park Close, Lea, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
3, Park Close, Gainsborough has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated April 2011.
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
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, Park Close, Gainsborough, we estimate a market value of £542,380 and a rental value of £1,828 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £480,393 and £1,619 per month respectively.
Recent Market Change
Over the last year, 3, Park Close, Gainsborough has seen its estimated sale value fall by £8,479 (1.6%) and its estimated rental value move up by £62 per month (3.5%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 3, Park Close, Gainsborough as measuring 3,266 m2.
That makes it the largest plot in the postcode, where 6 of the 8 other houses have recorded plot data.
Energy Efficiency
3, Park Close, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Park Close, Gainsborough completed on 13th November 2013 at £345,000 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 35.2% over the period since November 2013.
- Sold Nov 2013£345,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Park Close, Gainsborough have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2024, was 22, Cavendish Drive, Gainsborough, DN21 5HY, a freehold house which sold for £375,000.
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 8 addresses on Park Close, Lea, Gainsborough, DN21, 3, Park Close, Gainsborough comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £329k more expensive than the average property across the DN21 district.
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Schools Nearby
- 400mFrances Olive Anderson Church of England (Aided) Primary School
- 2.4kmSt George's Church of England Community Primary School, Gainsborough
- 2.4kmBenjamin Adlard Primary School
- 4.5kmThe Gainsborough Academy
- 5.0kmThe Queen Elizabeth's High School, Gainsborough
- 13.7kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 3, Park Close, Gainsborough, the nearest station is Gainsborough Lea Road, 2.1 kilometres away.
- 2.1kmGainsborough Lea Road
- 3.5kmGainsborough Central
- 12.8kmSaxilby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
