47 Melrose Road

    47, MELROSE ROAD, GAINSBOROUGH, DN21 2SA

    This terraced freehold property on Melrose Road last sold in August 2016 for £73,500. Based on price growth in the DN21 district since then, its estimated current value is £110,370 — placing it in the 5th percentile nationally and the 22nd percentile within DN21. The property covers 103 m² (1,109 sq ft), giving an estimated value of £1,072 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £73,500

    Aug 2016

    Estimated Valuation

    £110,370

    Est. £/sq ft

    £100/sq ft

    £1,072/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2016

    £73,500

    5 Aug 2005

    £73,000

    11 Dec 2002

    £43,000

    Key Metrics

    Estimated valuation£110,370
    Value per sq ft / m²£100/sq ft (£1,072/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DN21 district percentile22nd percentile
    National percentile5th percentile

    District Context — DN21

    DN21 covers Market Rasen and surrounding villages in central Lincolnshire, positioned between the Wolds and the Vale of Trent. The area blends rural character with practical market-town amenities, appealing to those seeking affordable living in a quieter setting.

    Average Property Price - DN21

    £194,236

    10

    National percentile

    Average Net Household Income - DN21

    £33,866

    24

    National percentile

    10-Year Annualised Price Growth - DN21

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - DN

    3.2%

    14

    National percentile

    View full analysis for DN21

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