8, Marshalls Rise
8, Marshalls Rise
Description & Estimates
8, Marshalls Rise, Gainsborough is recorded publicly as a modern freehold house across 710 ft2 of internal area, sitting on a 87.4 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Marshalls Rise, Gainsborough is £107,881 and its rental estimate is £672 per month, given the available information and assuming reasonable condition.
Marshalls Rise, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
8, Marshalls Rise, Gainsborough has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 8, Marshalls Rise, Gainsborough, we estimate a market value of £113,275 and a rental value of £706 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £100,329 and £625 per month respectively.
Recent Market Change
Over the last year, 8, Marshalls Rise, Gainsborough has seen its estimated sale value decline by £874 (0.8%) and its estimated rental value climb by £30 per month (4.4%). This results in an estimated gross rental yield of 7.5%.
Plot Size
HM Land Registry records the plot of land for 8, Marshalls Rise, Gainsborough as measuring 87 m2.
That makes it the largest plot in the postcode, where 3 of the 35 other houses have recorded plot data.
Energy Efficiency
8, Marshalls Rise, Gainsborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 8, Marshalls Rise, Gainsborough completed on 31st March 2016 at £80,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 137.8% over the period since March 2016.
- Sold Mar 2016£80,000
- Sold Mar 2011£94,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Marshalls Rise, Gainsborough have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 18, Marshalls Rise, Gainsborough, DN21 2HL, a leasehold house which sold for £30,000.
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
Of the 56 addresses on Marshalls Rise, Gainsborough, DN21, 8, Marshalls Rise, Gainsborough comes out as the 30th largest and the 28th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the DN21 district.
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Schools Nearby
- 500mThe Gainsborough Parish Church Primary School
- 800mWhite's Wood Academy
- 800mThe Gainsborough Hillcrest Early Years Academy
- 1.3kmThe Queen Elizabeth's High School, Gainsborough
- 1.4kmThe Gainsborough Academy
- 14.3kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 8, Marshalls Rise, Gainsborough, the nearest station is Gainsborough Central, 100 metres away.
- 100mGainsborough Central
- 1.6kmGainsborough Lea Road
- 15.0kmKirton Lindsey
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.
