34, Bob Rainsforth Way
34, Bob Rainsforth Way
Description & Estimates
34, Bob Rainsforth Way, Gainsborough is recorded publicly as a modern leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 34, Bob Rainsforth Way, Gainsborough is £101,413 and its rental estimate is £482 per month, given the available information and assuming reasonable condition.
Bob Rainsforth Way, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
34, Bob Rainsforth Way, Gainsborough has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated October 2020.
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 34, Bob Rainsforth Way, Gainsborough, we estimate a market value of £106,483 and a rental value of £506 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,314 and £448 per month respectively.
Recent Market Change
Over the last year, 34, Bob Rainsforth Way, Gainsborough has seen its estimated sale value move down by £2,157 (2.1%) and its estimated rental value increase by £12 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
34, Bob Rainsforth Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2020.
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 34, Bob Rainsforth Way, Gainsborough completed on 22nd December 2020 at £90,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.3% over the period since December 2020.
- Sold Dec 2020£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, Bob Rainsforth Way, Gainsborough have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2020, was 4, Lindsey Drive, Gainsborough, DN21 1ZN, a leasehold flat which sold for £99,447.
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 122 addresses on Bob Rainsforth Way, Gainsborough, DN21, 34, Bob Rainsforth Way, Gainsborough comes out as the 116th largest and the 119th most expensive in our analysis of the public data.
It is also £86k less expensive than the average property across the DN21 district.
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Schools Nearby
- 900mCastle Wood Academy
- 900mThe Gainsborough Charles Baines Community Primary School
- 900mWhite's Wood Academy
- 200mThe Gainsborough Academy
- 1.5kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 34, Bob Rainsforth Way, Gainsborough, the nearest station is Gainsborough Central, 1.2 kilometres away.
- 1.2kmGainsborough Central
- 2.5kmGainsborough Lea Road
- 13.8kmKirton Lindsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
