5, Prospect Terrace
5, Prospect Terrace
Description & Estimates
The public record describes 5, Prospect Terrace, Gainsborough as a period house with 828 ft2 of internal area, sitting on a 87.9 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Prospect Terrace, Gainsborough has an estimated sale value of £67,923 and an estimated rental value of £411 per month, assuming reasonable condition and based on the information available.
Prospect Terrace, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
5, Prospect Terrace, Gainsborough has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data 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
In very good condition, we estimate 5, Prospect Terrace, Gainsborough would be worth £71,320, with a potential rental value of £431 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £63,169, with a rental value of £382 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 5, Prospect Terrace, Gainsborough has moved down by £550 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £18 (4.4%). The property's estimated gross yield is currently 7.3%.
Plot Size
5, Prospect Terrace, Gainsborough occupies a 88 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
5, Prospect Terrace, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Prospect Terrace, Gainsborough last changed hands on 21st August 2006, selling for £71,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
- Sold Aug 2006£71,000
- Sold Nov 2005£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 5, Prospect Terrace, Gainsborough across the last 2 years.
Most recently, 3, Cleveland Street, Gainsborough, DN21 1BJ, a freehold house, sold at £75,000 on the 19th January 2026.
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 5, Prospect Terrace, Gainsborough as the 12th largest and the 12th most expensive of the 12 addresses on Prospect Terrace, Gainsborough, DN21.
Against the DN21 postcode district average, it is £119k less expensive than the typical property.
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Schools Nearby
- 500mBenjamin Adlard Primary School
- 1.0kmThe Gainsborough Hillcrest Early Years Academy
- 1.1kmThe Gainsborough Parish Church Primary School
- 2.0kmThe Gainsborough Academy
- 2.1kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Central station is the nearest stop to 5, Prospect Terrace, Gainsborough at 700 metres away.
- 700mGainsborough Central
- 900mGainsborough Lea Road
- 14.6kmRetford
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.
