47, Tower Street
47, Tower Street
Description & Estimates
47, Tower Street, Gainsborough is described in the public record as a period house with 968 ft2 of internal area, sitting on a 87 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 47, Tower Street, Gainsborough is £78,808 and its rental estimate is £460 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
47, Tower Street, Gainsborough has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 47, Tower Street, Gainsborough, we estimate a market value of £82,749 and a rental value of £483 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,292 and £427 per month respectively.
Recent Market Change
Over the last year, 47, Tower Street, Gainsborough has seen its estimated sale value drop by £639 (0.8%) and its estimated rental value rise by £20 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 47, Tower Street, Gainsborough as measuring 87 m2.
That makes it the 10th largest plot in the postcode, where 51 of the 54 other houses have recorded plot data.
Energy Efficiency
47, Tower Street, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Tower Street, Gainsborough have sold within a radius of 600 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.
- Sold Jan 2025£67,500 | 3 Bed House35, Tower Street, Gainsborough, DN21 2JQ35, Tower Street, Gainsborough, DN21 2JQ
- Sold Apr 2023£70,000 | 3 Bed House50, Tower Street, Gainsborough, DN21 2JQ50, Tower Street, Gainsborough, DN21 2JQ
- Sold Nov 2022£85,500 | 3 Bed House39, Tower Street, Gainsborough, DN21 2JQ39, Tower Street, Gainsborough, DN21 2JQ
•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, 47, Tower Street, Gainsborough comes out as the 31st largest and the 12th most expensive in our analysis of the public data.
It is also £108k 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
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Public Transport Nearby
From 47, 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.
