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According to the public record, Unit 5, Bob Rainsforth Way, Gainsborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Unit 5, Bob Rainsforth Way, Gainsborough is £72,336 and the estimated rental value is £402 per month.
The apartment is within 5, Bob Rainsforth Way, Gainsborough, DN21.
Bob Rainsforth Way, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Unit 5, Bob Rainsforth Way, Gainsborough has 2 entries in the Land Registry , most recently in June 2026 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Unit 5, Bob Rainsforth Way, Gainsborough is in very good condition we estimate a sale value of £75,952 and a rental value of £422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,272 and a rental value of £374 per month.
Over the last 12 months the sale value of Unit 5 Bob Rainsforth Way Gainsborough has decreased by an estimated £1,538 (2.1%) and its rental value has increased by an estimated £10 per month (2.6%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Unit 5, Bob Rainsforth Way, Gainsborough was last sold on 18th May 2022 for £133,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 5, Bob Rainsforth Way, Gainsborough within a radius of 780 metres over the last 2 years.
The most recent example is 1, Swale Drive, Gainsborough, DN21 1FW, a leasehold flat which sold for £94,995 on the 20th November 2020.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bob Rainsforth Way, Gainsborough, DN21 has a total of 122 addresses. According to our analysis of all the public data, Unit 5, Bob Rainsforth Way, Gainsborough is the 121st largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in DN21.
The closest station to Unit 5, Bob Rainsforth Way, Gainsborough is Gainsborough Central station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Unit 5, Bob Rainsforth Way, Gainsborough, 42.1% of property is privately owned with a mortgage and 40.9% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Unit 5, Bob Rainsforth Way, Gainsborough, 18.1% of residents are recorded as possessing school level qualifications and 28.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Unit 5, Bob Rainsforth Way, Gainsborough, the average age was 44.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Unit 5, Bob Rainsforth Way, Gainsborough, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Unit 5, Bob Rainsforth Way, Gainsborough, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.