7, Miller Way
7, Miller Way
Description & Estimates
According to the public record, 7, Miller Way, Gainsborough is a modern leasehold house with 635 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 7, Miller Way, Gainsborough is £178,782 and the estimated rental value is £792 per month.
Miller Way, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
Our Data Sources
7, Miller Way, Gainsborough has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated June 2023.
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 7, Miller Way, Gainsborough is in very good condition we estimate a sale value of £187,722 and a rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,268 and a rental value of £737 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Miller Way, Gainsborough has declined by £1,449 (0.8%), while its estimated rental value has climbed by £35 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
7, Miller Way, Gainsborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2023.
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, 7, Miller Way, Gainsborough was last sold on 22nd September 2023 for £50,999 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen by 19.1%.
- Sold Sep 2023£50,999
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Miller Way, Gainsborough within a radius of 750 metres over the last 2 years.
The most recent example is 2, Miller Way, Gainsborough, DN21 1FS, a freehold house which sold for £154,995 on the 21st 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
Miller Way, Gainsborough, DN21 has a total of 31 addresses. According to our analysis of all the public data, 7, Miller Way, Gainsborough is the 30th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in DN21.
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Schools Nearby
- 500mBenjamin Adlard Primary School
- 900mSt George's Church of England Community Primary School, Gainsborough
- 1.4kmThe Gainsborough Hillcrest Early Years Academy
- 2.7kmThe Gainsborough Academy
- 3.0kmThe Queen Elizabeth's High School, Gainsborough
- 13.8kmThe Elizabethan Academy
More reading links
Public Transport Nearby
The closest station to 7, Miller Way, Gainsborough is Gainsborough Lea Road station, which is 300 metres away.
- 300mGainsborough Lea Road
- 1.6kmGainsborough Central
- 14.5kmRetford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
