56, Nelson Street
56, Nelson Street
Description & Estimates
The public record describes 56, Nelson Street, Gainsborough as a period house with 1,248 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
56, Nelson Street, Gainsborough has an estimated sale value of £149,786 and an estimated rental value of £823 per month, assuming reasonable condition and based on the information available.
Nelson Street, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
56, Nelson Street, Gainsborough has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2018.
We combine this information with public data 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
In very good condition, we estimate 56, Nelson Street, Gainsborough would be worth £157,276, with a potential rental value of £864 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,301, with a rental value of £765 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 56, Nelson Street, Gainsborough has decreased by £2,459 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (3.5%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
56, Nelson Street, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Nelson Street, Gainsborough last changed hands on 19th September 2003, selling for £55,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 2003£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 56, Nelson Street, Gainsborough across the last 2 years.
Most recently, 62, Melrose Road, Gainsborough, DN21 2SD, a freehold house, sold at £147,000 on the 6th September 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
Our analysis of the public data ranks 56, Nelson Street, Gainsborough as the 13th largest and the 12th most expensive of the 53 addresses on Nelson Street, Gainsborough, DN21.
Against the DN21 postcode district average, it is £37k less expensive than the typical property.
More reading links
Schools Nearby
- 400mMercer's Wood Academy
- 400mThe Gainsborough Parish Church Primary School
- 600mCastle Wood Academy
- 600mThe Queen Elizabeth's High School, Gainsborough
- 1.5kmThe Gainsborough Academy
- 13.5kmSouth Axholme Academy
More reading links
Public Transport Nearby
Gainsborough Central station is the nearest stop to 56, Nelson Street, Gainsborough at 1.0 kilometres away.
- 1.0kmGainsborough Central
- 2.3kmGainsborough Lea Road
- 15.0kmKirton Lindsey
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 low risk of flooding.
