54, Bob Rainsforth Way
54, Bob Rainsforth Way
Description & Estimates
54, Bob Rainsforth Way, Gainsborough is recorded publicly as a modern freehold house across 925 ft2 of internal area, sitting on a 356 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 54, Bob Rainsforth Way, Gainsborough is £240,311 and its rental estimate is £922 per month, given the available information and assuming reasonable condition.
Bob Rainsforth Way, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
54, Bob Rainsforth Way, Gainsborough has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated June 2020.
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
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 54, Bob Rainsforth Way, Gainsborough, we estimate a market value of £252,326 and a rental value of £968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £223,489 and £857 per month respectively.
Recent Market Change
Over the last year, 54, Bob Rainsforth Way, Gainsborough has seen its estimated sale value decline by £1,947 (0.8%) and its estimated rental value climb by £41 per month (4.4%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 54, Bob Rainsforth Way, Gainsborough as measuring 356 m2.
That makes it the 8th largest plot in the postcode, where 70 of the 72 other houses have recorded plot data.
Energy Efficiency
54, Bob Rainsforth Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 54, Bob Rainsforth Way, Gainsborough completed on 28th July 2020 at £218,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.0% over the period since July 2020.
- Sold Jul 2020£218,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 54, Bob Rainsforth Way, Gainsborough have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2024, was 90, Bob Rainsforth Way, Gainsborough, DN21 1ZS, a freehold house which sold for £210,000.
Read more about house prices in DN21.
- Sold Jul 2024£210,000 | 3 Bed HouseBob Rainsforth Way90, Bob Rainsforth Way, Gainsborough, DN21 1ZS
- Sold Feb 2021£187,000 | 3 Bed HouseBob Rainsforth Way42, Bob Rainsforth Way, Gainsborough, DN21 1ZS
- Sold Nov 2020£218,995 | 3 Bed HouseBob Rainsforth Way40, Bob Rainsforth Way, Gainsborough, DN21 1ZS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 122 addresses on Bob Rainsforth Way, Gainsborough, DN21, 54, Bob Rainsforth Way, Gainsborough comes out as the 50th largest and the 20th most expensive in our analysis of the public data.
It is also £53k more expensive than the average property across the DN21 district.
More reading links
Schools Nearby
- 900mCastle Wood Academy
- 900mThe Gainsborough Charles Baines Community Primary School
- 900mWhite's Wood Academy
- 200mThe Gainsborough Academy
- 1.5kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 54, Bob Rainsforth Way, Gainsborough, the nearest station is Gainsborough Central, 1.2 kilometres away.
- 1.2kmGainsborough Central
- 2.5kmGainsborough Lea Road
- 13.8kmKirton Lindsey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
