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According to the public record, 8, Morton Terrace, Gainsborough is a period freehold house with 2,077 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Morton Terrace, Gainsborough is £323,102 and the estimated rental value is £1,243 per month.
Morton Terrace, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
8, Morton Terrace, Gainsborough has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 8, Morton Terrace, Gainsborough is in very good condition we estimate a sale value of £339,257 and a rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,485 and a rental value of £1,156 per month.
Over the past 12 months, the estimated sale value of 8, Morton Terrace, Gainsborough has fallen by £6,727 (2.1%), while its estimated rental value has moved up by £39 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 4.6%.
According to data from HM Land Registry, 8, Morton Terrace, Gainsborough sits on a plot of 507 m2.
We have plot size data on 18 out of 26 other houses in the postcode and 8, Morton Terrace, Gainsborough sits on the 6th largest plot.
8, Morton Terrace, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Apr 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Morton Terrace, Gainsborough was last sold on 1st November 2018 for £263,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2018, the market for similar properties has risen by 108.4%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Morton Terrace, Gainsborough within a radius of 490 metres over the last 2 years.
The most recent example is 4, Connaught Road, Gainsborough, DN21 2QU, a freehold house which sold for £245,000 on the 22nd January 2021.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morton Terrace, Gainsborough, DN21 has a total of 111 addresses. According to our analysis of all the public data, 8, Morton Terrace, Gainsborough is the 20th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in DN21.
The closest station to 8, Morton Terrace, Gainsborough is Gainsborough Central station, which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Morton Terrace, Gainsborough, 37.7% of property is privately owned with a mortgage and 33.6% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Morton Terrace, Gainsborough, 24.2% of residents are recorded as possessing school level qualifications and 26.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Morton Terrace, Gainsborough, the average age was 40.5 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Morton Terrace, Gainsborough, 1.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Morton Terrace, Gainsborough, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
