3, Pilgrims Way
3, Pilgrims Way
Description & Estimates
3, Pilgrims Way, Gainsborough is recorded publicly as a modern leasehold house across 656 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Pilgrims Way, Gainsborough is £121,132 and its rental estimate is £722 per month, given the available information and assuming reasonable condition.
Pilgrims Way, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
3, Pilgrims Way, Gainsborough has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Pilgrims Way, Gainsborough, we estimate a market value of £127,188 and a rental value of £759 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £112,652 and £672 per month respectively.
Recent Market Change
Over the last year, 3, Pilgrims Way, Gainsborough has seen its estimated sale value decline by £982 (0.8%) and its estimated rental value climb by £32 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
3, Pilgrims Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2016.
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, Pilgrims Way, Gainsborough completed on 25th November 2016 at £85,995 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 93.3% over the period since November 2016.
- Sold Nov 2016£85,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Pilgrims Way, Gainsborough have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2023, was 88, Brewster Road, Gainsborough, DN21 1ZA, a leasehold house which sold for £111,500.
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 39 addresses on Pilgrims Way, Gainsborough, DN21, 3, Pilgrims Way, Gainsborough comes out as the 33rd largest and the 32nd most expensive in our analysis of the public data.
It is also £66k less expensive than the average property across the DN21 district.
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Schools Nearby
- 200mSt George's Church of England Community Primary School, Gainsborough
- 900mBenjamin Adlard Primary School
- 1.1kmThe Gainsborough Hillcrest Early Years Academy
- 2.2kmThe Gainsborough Academy
- 3.0kmThe Queen Elizabeth's High School, Gainsborough
- 14.5kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 3, Pilgrims Way, Gainsborough, the nearest station is Gainsborough Lea Road, 1.0 kilometres away.
- 1.0kmGainsborough Lea Road
- 1.6kmGainsborough Central
- 14.8kmSaxilby
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.
