89, Morton Terrace
89, Morton Terrace
Description & Estimates
89, Morton Terrace, Gainsborough appears in the public record as a freehold house sitting on a 331 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,299 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 89, Morton Terrace, Gainsborough is £190,731 and its rental estimate is £930 per month, given the available information and assuming reasonable condition.
Morton Terrace, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
89, Morton Terrace, Gainsborough has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 89, Morton Terrace, Gainsborough, we estimate a market value of £200,268 and a rental value of £976 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £177,380 and £865 per month respectively.
Recent Market Change
Over the last year, 89, Morton Terrace, Gainsborough has seen its estimated sale value move down by £3,131 (1.6%) and its estimated rental value increase by £33 per month (3.5%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 89, Morton Terrace, Gainsborough as measuring 331 m2.
That makes it the 7th largest plot in the postcode, where 9 of the 13 other houses have recorded plot data.
Sold Prices
The most recent sale of 89, Morton Terrace, Gainsborough completed on 19th December 2007 at £172,000 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 88.1% over the period since December 2007.
- Sold Dec 2007£172,000
- Sold Mar 2005£138,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 89, Morton Terrace, Gainsborough have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 31, Morton Terrace, Gainsborough, DN21 2RF, a freehold house which sold for £228,000.
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 111 addresses on Morton Terrace, Gainsborough, DN21, 89, Morton Terrace, Gainsborough comes out as the 77th largest and the 74th most expensive in our analysis of the public data.
It is also £4k more expensive than the average property across the DN21 district.
More reading links
Schools Nearby
- 400mMercer's Wood Academy
- 600mThe Gainsborough Parish Church Primary School
- 600mCastle Wood Academy
- 500mThe Queen Elizabeth's High School, Gainsborough
- 1.5kmThe Gainsborough Academy
- 13.4kmSouth Axholme Academy
More reading links
Public Transport Nearby
From 89, Morton Terrace, Gainsborough, the nearest station is Gainsborough Central, 1.0 kilometres away.
- 1.0kmGainsborough Central
- 2.5kmGainsborough Lea Road
- 14.9kmKirton 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.
