40, Pilgrims Way
40, Pilgrims Way
Description & Estimates
Public records show 40, Pilgrims Way, Gainsborough to be a modern leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Pilgrims Way, Gainsborough has an estimated sale value of £84,976 and an estimated rental value of £445 per month, assuming reasonable condition and based on the information available.
Pilgrims Way, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
40, Pilgrims Way, Gainsborough has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate 40, Pilgrims Way, Gainsborough would be worth £89,225, with a potential rental value of £467 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,028, with a rental value of £414 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Pilgrims Way, Gainsborough has decreased by £1,807 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £11 (2.6%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
40, Pilgrims Way, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Pilgrims Way, Gainsborough last changed hands on 25th March 2022, selling for £85,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 22.0% since March 2022.
- Sold Mar 2022£85,000
- Sold Dec 2012£59,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 900 metres of 40, Pilgrims Way, Gainsborough across the last 2 years.
Most recently, 19, Adlington Mews, Gainsborough, DN21 1ZD, a leasehold flat, sold at £80,000 on the 31st March 2025.
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
Our analysis of the public data ranks 40, Pilgrims Way, Gainsborough as the 32nd largest and the 36th most expensive of the 39 addresses on Pilgrims Way, Gainsborough, DN21.
Against the DN21 postcode district average, it is £102k less expensive than the typical property.
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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
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Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 40, Pilgrims Way, Gainsborough at 1.0 kilometres away.
- 1.0kmGainsborough Lea Road
- 1.6kmGainsborough Central
- 14.8kmSaxilby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
