8, Park Close
8, Park Close
Description & Estimates
Public records show 8, Park Close, Gainsborough to be a modern freehold house with 1,668 ft2 of internal area, sitting on a 1,435 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Park Close, Gainsborough has an estimated sale value of £440,019 and an estimated rental value of £1,483 per month, assuming reasonable condition and based on the information available.
Park Close, Lea, Gainsborough, DN21 lies in the borough of West Lindsey, within the DN21 postal district.
Our Data Sources
8, Park Close, Gainsborough has 31 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated July 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.
Price Range & Condition
In very good condition, we estimate 8, Park Close, Gainsborough would be worth £462,020, with a potential rental value of £1,557 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £409,217, with a rental value of £1,379 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 8, Park Close, Gainsborough has decreased by £7,223 (1.6%) over the last year. During the same period, its estimated monthly rental value has grown by £53 (3.5%). The property's estimated gross yield is currently 4.0%.
Plot Size
8, Park Close, Gainsborough occupies a 1,435 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
8, Park Close, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Park Close, Gainsborough last changed hands on 28th February 2018, selling for £335,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 17.0% since February 2018.
- Sold Feb 2018£335,000
- Sold Jun 2014£300,000
- Sold Oct 2000£154,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of 8, Park Close, Gainsborough across the last 2 years.
Most recently, 89, Gainsborough Road, Gainsborough, DN21 5JJ, a freehold house, sold at £405,000 on the 26th July 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 8, Park Close, Gainsborough as the 6th largest and the 7th most expensive of the 8 addresses on Park Close, Lea, Gainsborough, DN21.
Against the DN21 postcode district average, it is £253k more expensive than the typical property.
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Schools Nearby
- 400mFrances Olive Anderson Church of England (Aided) Primary School
- 2.4kmSt George's Church of England Community Primary School, Gainsborough
- 2.4kmBenjamin Adlard Primary School
- 4.5kmThe Gainsborough Academy
- 5.0kmThe Queen Elizabeth's High School, Gainsborough
- 13.7kmThe Elizabethan Academy
More reading links
Public Transport Nearby
Gainsborough Lea Road station is the nearest stop to 8, Park Close, Gainsborough at 2.1 kilometres away.
- 2.1kmGainsborough Lea Road
- 3.5kmGainsborough Central
- 12.8kmSaxilby
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 very low risk of flooding.
