61 Melrose Road

    61, MELROSE ROAD, GAINSBOROUGH, DN21 2SA

    This terraced freehold property on Melrose Road last sold in March 2024 for £64,500. Based on price growth in the DN21 district since then, its estimated current value is £69,428 — placing it in the 1st percentile nationally and the 7th percentile within DN21. The property covers 74 m² (797 sq ft), giving an estimated value of £938 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £64,500

    Mar 2024

    Estimated Valuation

    £69,428

    Est. £/sq ft

    £87/sq ft

    £938/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2024

    £64,500

    20 Oct 2006

    £75,000

    4 Jul 2003

    £29,950

    Key Metrics

    Estimated valuation£69,428
    Value per sq ft / m²£87/sq ft (£938/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DN21 district percentile7th percentile
    National percentile1st 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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