4, Foundry Yard 56
4, Foundry Yard 56
Description & Estimates
4, Foundry Yard 56, Gainsborough is described in the public record as a modern apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Foundry Yard 56, Gainsborough is £88,156 and its rental estimate is £419 per month, given the available information and assuming reasonable condition.
Foundry Yard, Bridge Street is a residential building on Bridge Street, Gainsborough, DN21 and falls within the DN21 postal district and the borough of West Lindsey.
Our Data Sources
4, Foundry Yard 56, Gainsborough has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 4, Foundry Yard 56, Gainsborough, we estimate a market value of £92,563 and a rental value of £440 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,985 and £390 per month respectively.
Recent Market Change
Over the last year, 4, Foundry Yard 56, Gainsborough has seen its estimated sale value drop by £1,875 (2.1%) and its estimated rental value rise by £11 per month (2.6%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
4, Foundry Yard 56, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Apr 2023.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric underfloor heating.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Foundry Yard 56, Gainsborough have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th October 2024, was Apartment 48, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT, a leasehold flat which sold for £65,000.
Read more about house prices in DN21.
- Sold Oct 2024£65,000 | 2 Bed FlatGranary Wharf, Bridge StreetApartment 48, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT
- Sold Apr 2022£88,000 | 2 Bed FlatGranary Wharf, Bridge StreetApartment 20, Granary Wharf, Bridge Street, Gainsborough, DN21 2AT
- Sold Feb 2020£64,000 | 2 Bed FlatFoundry Yard 56, Bridge Street2, Foundry Yard 56, Bridge Street, Gainsborough, DN21 1LS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 184 addresses on Bridge Street, Gainsborough, DN21, 4, Foundry Yard 56, Gainsborough comes out as the 115th largest and the 83rd most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the DN21 district.
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Schools Nearby
- 700mThe Gainsborough Parish Church Primary School
- 900mBenjamin Adlard Primary School
- 1.1kmThe Gainsborough Hillcrest Early Years Academy
- 1.8kmThe Queen Elizabeth's High School, Gainsborough
- 2.0kmThe Gainsborough Academy
- 13.7kmThe Elizabethan Academy
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Public Transport Nearby
From 4, Foundry Yard 56, Gainsborough, the nearest station is Gainsborough Central, 600 metres away.
- 600mGainsborough Central
- 1.2kmGainsborough Lea Road
- 14.5kmRetford
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
