40A, Arkwright Street
40A, Arkwright Street
Description & Estimates
40A, Arkwright Street, Gainsborough is described in the public record as a period apartment with 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40A, Arkwright Street, Gainsborough is £63,882 and its rental estimate is £325 per month, given the available information and assuming reasonable condition.
40, Arkwright Street is a residential building on Arkwright Street, Gainsborough, DN21 and falls within the DN21 postal district and the borough of West Lindsey.
Our Data Sources
40A, Arkwright Street, Gainsborough has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
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.
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 40A, Arkwright Street, Gainsborough, we estimate a market value of £67,076 and a rental value of £341 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,410 and £302 per month respectively.
Recent Market Change
Over the last year, 40A, Arkwright Street, Gainsborough has seen its estimated sale value drop by £1,619 (2.5%) and its estimated rental value rise by £8 per month (2.6%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
40A, Arkwright Street, Gainsborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 40A, Arkwright Street, Gainsborough have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2022, was 10, Henley Court, Gainsborough, DN21 2NW, a leasehold flat which sold for £60,000.
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 35 addresses on Arkwright Street, Gainsborough, DN21, 40A, Arkwright Street, Gainsborough comes out as the 35th largest and the 35th most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the DN21 district.
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Schools Nearby
- 300mThe Gainsborough Parish Church Primary School
- 600mCastle Wood Academy
- 600mMercer's Wood Academy
- 800mThe Queen Elizabeth's High School, Gainsborough
- 1.4kmThe Gainsborough Academy
- 13.8kmSouth Axholme Academy
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Public Transport Nearby
From 40A, Arkwright Street, Gainsborough, the nearest station is Gainsborough Central, 700 metres away.
- 700mGainsborough Central
- 2.1kmGainsborough Lea Road
- 15.0kmKirton 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.
