2A, Mill Mere Road
2A, Mill Mere Road
Description & Estimates
2A, Mill Mere Road, Gainsborough is recorded publicly as a modern freehold house across 861 ft2 of internal area, sitting on a 447 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2A, Mill Mere Road, Gainsborough is £229,222 and its rental estimate is £894 per month, given the available information and assuming reasonable condition.
Mill Mere Road, Corringham, Gainsborough, DN21 falls within the DN21 postal district, in the borough of West Lindsey.
Our Data Sources
2A, Mill Mere Road, Gainsborough has a single entry in the Land Registry from November 2012 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2A, Mill Mere Road, Gainsborough, we estimate a market value of £240,683 and a rental value of £939 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,177 and £832 per month respectively.
Recent Market Change
Over the last year, 2A, Mill Mere Road, Gainsborough has seen its estimated sale value decrease by £1,858 (0.8%) and its estimated rental value grow by £40 per month (4.4%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 2A, Mill Mere Road, Gainsborough as measuring 447 m2.
That makes it the 9th largest plot in the postcode, where 13 of the 16 other houses have recorded plot data.
Energy Efficiency
2A, Mill Mere Road, Gainsborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2A, Mill Mere Road, Gainsborough completed on 9th November 2012 at £125,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 23.3% over the period since November 2012.
- Sold Nov 2012£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2A, Mill Mere Road, Gainsborough have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2022, was 28, East Lane, Gainsborough, DN21 5QU, a leasehold house which sold for £67,500.
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 16 addresses on Mill Mere Road, Corringham, Gainsborough, DN21, 2A, Mill Mere Road, Gainsborough comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the DN21 district.
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Schools Nearby
- 100mCorringham CofE VC Primary School
- 3.7kmBlyton Cum Laughton Church of England School
- 4.6kmThe Gainsborough Charles Baines Community Primary School
- 4.3kmThe Gainsborough Academy
- 5.7kmThe Queen Elizabeth's High School, Gainsborough
- 10.1kmKirton Academy
More reading links
Public Transport Nearby
From 2A, Mill Mere Road, Gainsborough, the nearest station is Gainsborough Central, 5.4 kilometres away.
- 5.4kmGainsborough Central
- 6.0kmGainsborough Lea Road
- 10.2kmKirton 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.
