Springcliff Farm Cottage, Gainsborough
Springcliff Farm Cottage, Gainsborough
Description & Estimates
The public record lists Springcliff Farm Cottage, Gainsborough as a freehold house.
Comparison with its neighbours suggests a modern house with 1,496 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
Springcliff Farm Cottage, Gainsborough has an estimated sale value of £205,540 and an estimated rental value of £982 per month, assuming reasonable condition and based on the information available.
Redbourne, Gainsborough, DN21 lies within the DN21 postal district.
Our Data Sources
Springcliff Farm Cottage, Gainsborough has a single entry in the Land Registry from October 2021 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Springcliff Farm Cottage, Gainsborough would be worth £215,817, with a potential rental value of £1,031 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £191,152, with a rental value of £913 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 Springcliff Farm Cottage, Gainsborough has fallen by £3,374 (1.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (3.5%). The property's estimated gross yield is currently 5.7%.
Sold Prices
Springcliff Farm Cottage, Gainsborough last changed hands on 21st October 2021, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.7% since October 2021.
- Sold Oct 2021£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.5 kilometres of Springcliff Farm Cottage, Gainsborough across the last 2 years.
Most recently, 2, Spa Hill, Gainsborough, DN21 4NE, a freehold house, sold at £195,000 on the 30th September 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 Springcliff Farm Cottage, Gainsborough as the 8th largest and the 8th most expensive of the 13 addresses on Redbourne, Gainsborough, DN21.
Against the DN21 postcode district average, it is £18k more expensive than the typical property.
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Schools Nearby
- 2.6kmKirton Lindsey Primary Academy
- 3.5kmWaddingham Primary School
- 4.3kmHibaldstow Academy
- 1.9kmKirton Academy
- 9.7kmSir John Nelthorpe School
- 10.1kmThe Vale Academy
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Public Transport Nearby
Kirton Lindsey station is the nearest stop to Springcliff Farm Cottage, Gainsborough at 2.8 kilometres away.
- 2.8kmKirton Lindsey
- 9.3kmBrigg
- 13.8kmScunthorpe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
