39, Tower Street
39, Tower Street
Description & Estimates
39, Tower Street, Gainsborough is recorded publicly as a period freehold house across 957 ft2 of internal area, sitting on a 79.2 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 39, Tower Street, Gainsborough is £79,944 and its rental estimate is £467 per month, given the available information and assuming reasonable condition.
Tower Street, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
39, Tower Street, Gainsborough has 51 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 39, Tower Street, Gainsborough, we estimate a market value of £83,941 and a rental value of £491 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £74,348 and £435 per month respectively.
Recent Market Change
Over the last year, 39, Tower Street, Gainsborough has seen its estimated sale value fall by £648 (0.8%) and its estimated rental value move up by £21 per month (4.4%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 39, Tower Street, Gainsborough as measuring 79 m2.
That makes it the 14th largest plot in the postcode, where 51 of the 54 other houses have recorded plot data.
Energy Efficiency
39, Tower Street, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jun 2020.
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 39, Tower Street, Gainsborough completed on 4th November 2022 at £85,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 46.4% over the period since November 2022.
- Sold Nov 2022£85,500
- Sold Feb 2016£68,000
- Sold Aug 2014£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Tower Street, Gainsborough have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was 35, Tower Street, Gainsborough, DN21 2JQ, a freehold house which sold for £67,500.
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 83 addresses on Tower Street, Gainsborough, DN21, 39, Tower Street, Gainsborough comes out as the 34th largest and the 9th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the DN21 district.
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Schools Nearby
- 200mThe Gainsborough Parish Church Primary School
- 900mCastle Wood Academy
- 900mMercer's Wood Academy
- 1.1kmThe Queen Elizabeth's High School, Gainsborough
- 1.5kmThe Gainsborough Academy
- 14.1kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 39, Tower Street, Gainsborough, the nearest station is Gainsborough Central, 400 metres away.
- 400mGainsborough Central
- 1.8kmGainsborough Lea Road
- 15.0kmRetford
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.
