5, Priory Way
5, Priory Way
Description & Estimates
5, Priory Way, Gainsborough is recorded publicly as a modern freehold house across 1,356 ft2 of internal area, sitting on a 439 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Priory Way, Gainsborough is £283,765 and its rental estimate is £983 per month, given the available information and assuming reasonable condition.
Priory Way, Lea, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
5, Priory Way, Gainsborough has 31 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Priory Way, Gainsborough, we estimate a market value of £297,954 and a rental value of £1,032 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,902 and £914 per month respectively.
Recent Market Change
Over the last year, 5, Priory Way, Gainsborough has seen its estimated sale value fall by £4,658 (1.6%) and its estimated rental value move up by £35 per month (3.5%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 5, Priory Way, Gainsborough as measuring 439 m2.
That makes it the 10th largest plot in the postcode, where 19 of the 20 other houses have recorded plot data.
Energy Efficiency
5, Priory Way, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Priory Way, Gainsborough completed on 12th October 2023 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.3% over the period since October 2023.
- Sold Oct 2023£280,000
- Sold Dec 2010£165,000
- Sold Jun 2004£174,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Priory Way, Gainsborough have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 22, Orchard Avenue, Gainsborough, DN21 5FA, a freehold house which sold for £315,000.
Read more about house prices in DN21.
- Sold Dec 2024£315,000 | 4 Bed House22, Orchard Avenue, Gainsborough, DN21 5FA22, Orchard Avenue, Gainsborough, DN21 5FA
- Sold Dec 2023£315,000 | 4 Bed House1, Meadow Rise, Gainsborough, DN21 5HE1, Meadow Rise, Gainsborough, DN21 5HE
- Sold Dec 2022£340,000 | 4 Bed House17, Orchard Avenue, Gainsborough, DN21 5FA17, Orchard Avenue, Gainsborough, DN21 5FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Priory Way, Lea, Gainsborough, DN21, 5, Priory Way, Gainsborough comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £97k more expensive than the average property across the DN21 district.
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Schools Nearby
- 300mFrances Olive Anderson Church of England (Aided) Primary School
- 2.2kmSt George's Church of England Community Primary School, Gainsborough
- 2.3kmBenjamin Adlard Primary School
- 4.2kmThe Gainsborough Academy
- 4.8kmThe Queen Elizabeth's High School, Gainsborough
- 13.9kmThe Elizabethan Academy
More reading links
Public Transport Nearby
From 5, Priory Way, Gainsborough, the nearest station is Gainsborough Lea Road, 2.0 kilometres away.
- 2.0kmGainsborough Lea Road
- 3.4kmGainsborough Central
- 13.0kmSaxilby
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.
