5, Parkside Way
5, Parkside Way
Description & Estimates
According to the public record, 5, Parkside Way, Gainsborough is a modern freehold house with 721 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Parkside Way, Gainsborough is £174,497 and the estimated rental value is £837 per month.
Parkside Way, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
5, Parkside Way, Gainsborough has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated October 2021.
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
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 5, Parkside Way, Gainsborough is in very good condition we estimate a sale value of £183,221 and a rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,282 and a rental value of £778 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Parkside Way, Gainsborough has moved down by £1,414 (0.8%), while its estimated rental value has increased by £37 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
5, Parkside Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Parkside Way, Gainsborough was last sold on 17th December 2021 for £179,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen by 23.6%.
- Sold Dec 2021£179,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parkside Way, Gainsborough within a radius of 750 metres over the last 2 years.
The most recent example is 14, Parkside Way, Gainsborough, DN21 1FN, a freehold house which sold for £180,000 on the 28th March 2024.
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
Parkside Way, Gainsborough, DN21 has a total of 75 addresses. According to our analysis of all the public data, 5, Parkside Way, Gainsborough is the 72nd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in DN21.
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Schools Nearby
- 400mSt George's Church of England Community Primary School, Gainsborough
- 800mBenjamin Adlard Primary School
- 1.2kmThe Gainsborough Hillcrest Early Years Academy
- 2.4kmThe Gainsborough Academy
- 3.0kmThe Queen Elizabeth's High School, Gainsborough
- 14.3kmThe Elizabethan Academy
More reading links
Public Transport Nearby
The closest station to 5, Parkside Way, Gainsborough is Gainsborough Lea Road station, which is 800 metres away.
- 800mGainsborough Lea Road
- 1.6kmGainsborough Central
- 14.7kmSaxilby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
