3, The Elms
3, The Elms
Description & Estimates
According to the public record, 3, The Elms, Gainsborough is a modern freehold house with 301 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, The Elms, Gainsborough is £61,633 and the estimated rental value is £380 per month.
The Elms, Scotter, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
3, The Elms, Gainsborough has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, The Elms, Gainsborough is in very good condition we estimate a sale value of £64,715 and a rental value of £399 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,319 and a rental value of £354 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, The Elms, Gainsborough has moved down by £223 (0.4%), while its estimated rental value has increased by £20 per month (5.3%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Plot Size
According to data from HM Land Registry, 3, The Elms, Gainsborough sits on a plot of 142 m2.
We have plot size data on 4 out of 6 other houses in the postcode and 3, The Elms, Gainsborough sits on the 3rd largest plot.
Energy Efficiency
3, The Elms, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 3, The Elms, Gainsborough was last sold on 19th October 2017 for £45,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2017, the market for similar properties has risen by 28.5%.
- Sold Oct 2017£45,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 3, The Elms, Gainsborough within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 1, The Elms, Gainsborough, DN21 3TP, a freehold house which sold for £63,000 on the 8th July 2022.
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
The Elms, Scotter, Gainsborough, DN21 has a total of 6 addresses. According to our analysis of all the public data, 3, The Elms, Gainsborough is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in DN21.
More reading links
Schools Nearby
- 100mScotter Primary School
- 3.8kmMessingham Primary School
- 5.4kmKirton Lindsey Primary Academy
- 5.8kmKirton Academy
- 7.3kmFrederick Gough School
- 8.3kmSt Bede's Catholic Voluntary Academy
More reading links
Public Transport Nearby
The closest station to 3, The Elms, Gainsborough is Kirton Lindsey station, which is 4.8 kilometres away.
- 4.8kmKirton Lindsey
- 10.1kmScunthorpe
- 10.9kmAlthorpe
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
