40 Melrose Road

    40, MELROSE ROAD, GAINSBOROUGH, DN21 2SD

    This semi-detached freehold property on Melrose Road last sold in November 2018 for £105,000. Based on price growth in the DN21 district since then, its estimated current value is £135,890 — placing it in the 10th percentile nationally and the 33rd percentile within DN21. The property covers 88 m² (947 sq ft), giving an estimated value of £1,544 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £105,000

    Nov 2018

    Estimated Valuation

    £135,890

    Est. £/sq ft

    £143/sq ft

    £1,544/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Nov 2018

    £105,000

    9 Dec 2016

    £90,000

    30 May 2003

    £58,000

    Key Metrics

    Estimated valuation£135,890
    Value per sq ft / m²£143/sq ft (£1,544/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DN21 district percentile33rd percentile
    National percentile10th 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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