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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 248A, Lea Road, Gainsborough is £319,626 and the estimated rental value is £1,255 per month.
Lea Road, Gainsborough, DN21 is located in the borough of West Lindsey within the DN21 postal district.
248A, Lea Road, Gainsborough has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data 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 248A, Lea Road, Gainsborough is in very good condition we estimate a sale value of £335,608 and a rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,252 and a rental value of £1,168 per month.
Over the past 12 months, the estimated sale value of 248A, Lea Road, Gainsborough has fallen by £6,655 (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 4.7%.
According to data from HM Land Registry, 248A, Lea Road, Gainsborough sits on a plot of 791 m2.
We have plot size data on 23 out of 39 other houses in the postcode and 248A, Lea Road, Gainsborough sits on the 4th largest plot.
248A, Lea Road, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 248A, Lea Road, Gainsborough within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 2, Churchill Way, Gainsborough, DN21 5HT, a freehold house which sold for £220,000 on the 7th February 2020.
Read more about house prices in DN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Road, Gainsborough, DN21 has a total of 267 addresses. According to our analysis of all the public data, 248A, Lea Road, Gainsborough is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in DN21.
The closest station to 248A, Lea Road, Gainsborough is Gainsborough Lea Road station, which is 600 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 248A, Lea Road, Gainsborough, 44.8% of property is privately owned outright and 33.5% is privately owned with a mortgage.
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 248A, Lea Road, Gainsborough, 15.4% of residents are recorded as possessing school level qualifications and 18.9% 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 248A, Lea Road, 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 248A, Lea Road, Gainsborough, 0.9% 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 248A, Lea Road, Gainsborough, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.