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House Prices in DN21 House Prices in DN21 (Gainsborough)

The average house price in DN21 (Gainsborough) is £175,520 using HM Land Registry data.

The average property price increased by £40,779 (51.93%) over the last 5 years and increased by £8,170 (6.67%) over the last 12 months.

Over the last year, there were 368 residential property sales – a decrease of 259 transactions (-70.38%) relative to the previous year. The majority of house sales (101) were in the £116,000 - £172,000 range. Then came properties in the £172,000 - £228,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,451 (-3%).

In Oct 24, there were 129 new estate agency instructions, 85 agreed home sales and 98 property price reductions.

Nearby Postcodes: DN10, DN11, DN14, DN15, DN16, DN17, DN18, DN20, DN22, DN3, DN36, DN37, DN38, DN39, DN4, DN7, DN8, DN9, LN1, LN10, LN11, LN12, LN13, LN2, LN3, LN4, LN5, LN6, LN7, LN8, LN9, NG22, NG23, PE22, PE23, PE24, S80, S81

5-Year Average Property Prices in DN21 (Gainsborough)

51.93%

Property prices in Gainsborough increased by 51.93% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in DN21 (Gainsborough) Over the Last Year

6.67%

Property prices in Gainsborough increased by 6.67% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for DN21 (Gainsborough) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in DN21 (Gainsborough)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in DN21 (Gainsborough)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in DN21 (Gainsborough)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the DN21 (Gainsborough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN21 postcode area since 1995.

Recent Sales in DN21 (Gainsborough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Messingham Road, Scotter, Gainsborough, Lincolnshire, DN21 3TB£180,000£180,000£0005 Mar 202416 Aug 2024164 Days
2 Greystones Road, Gainsborough, Lincolnshire, DN21 2TF£199,950£193,000-£6,95012 Jul 202326 Jul 2024380 Days
12 Colins Walk, Scotter, Gainsborough, Lincolnshire, DN21 3SR£205,000£197,500-£7,50011 Apr 202426 Jul 2024106 Days
24 Mill Lane, Morton, Gainsborough, Lincolnshire, DN21 3BW£74,999£72,500-£2,49918 Apr 202425 Jul 202498 Days
1 West Cross Street, Kirton Lindsey, Gainsborough, North Lincolnshire, DN21 4DN£275,000£255,000-£20,00018 Mar 202423 Jul 2024127 Days
28 Wellington Way, Hemswell Cliff, Gainsborough, Lincolnshire, DN21 5FN£190,000£180,000-£10,00007 Feb 202415 Jul 2024159 Days
9a, Gainsborough Road, Scotter, Gainsborough, Lincolnshire, DN21 3UB£200,000£200,000£0028 Mar 202412 Jul 2024106 Days
453 Ropery Road, Gainsborough, Lincolnshire, DN21 2SZ£180,000£178,000-£2,00002 Jan 202411 Jul 2024191 Days
49 Gainsborough Road, Scotter, Gainsborough, Lincolnshire, DN21 3RS£237,000£237,000£0028 Mar 202409 Jul 2024103 Days
20 Woodhill Avenue, Gainsborough, Lincolnshire, DN21 1FB£269,995£268,500-£1,49513 Feb 202404 Jul 2024142 Days
17 Tennyson Street, Gainsborough, Lincolnshire, DN21 2JG£95,000£95,000£0017 Jan 202428 Jun 2024163 Days
35 Nursery Vale, Morton, Gainsborough, Lincolnshire, DN21 3GE£180,000£175,000-£5,00008 Feb 202428 Jun 2024141 Days
5 Hillside Cottages, Blyborough, Gainsborough, Lincolnshire, DN21 4HG£200,000£195,000-£5,00029 Feb 202428 Jun 2024120 Days
50 Sandsfield Lane, Gainsborough, Lincolnshire, DN21 1DA£139,950£139,950£0006 Jan 202427 Jun 2024173 Days
2 Maypole Street, Hemswell, Gainsborough, Lincolnshire, DN21 5UL£150,000£150,000£0005 Apr 202426 Jun 202482 Days
298 Ropery Road, Gainsborough, Lincolnshire, DN21 2PD£90,000£87,500-£2,50021 Mar 202426 Jun 202497 Days
Willowcroft, Chapel Road, Fillingham, Gainsborough, Lincolnshire, DN21 5BP£350,000£340,000-£10,00028 Nov 202331 May 2024185 Days
31 North Cliff Road, Kirton Lindsey, Gainsborough, North Lincolnshire, DN21 4NJ£215,000£210,000-£5,00013 Feb 202428 May 2024105 Days
37 The Rookery, Scotter, Gainsborough, Lincolnshire, DN21 3FB£57,500£55,750-£1,75005 Oct 202324 May 2024232 Days
62 Greystones Road, Gainsborough, Lincolnshire, DN21 2TX£190,000£180,000-£10,00026 Dec 202324 May 2024150 Days

Most Expensive Streets in DN21 (Gainsborough)

PostcodeStreetAreaAverageNo. of Sales
DN21 3JNSusworth Road, ScotterGainsborough£744,2823
DN21 3JLScotterthorpeGainsborough£538,3336
DN21 3PPChurch Road, LaughtonGainsborough£532,6663
DN21 5BSHigh Street, FillinghamGainsborough£514,0005
DN21 5NSChurch Road, UptonGainsborough£455,1663
DN21 4QNThe Old School Yard, RedbourneGainsborough£445,0003
DN21 5NRChurch Road, UptonGainsborough£442,9163
DN21 5PFKnaith Hill, KnaithGainsborough£435,0004
DN21 3FEHawthorn Rise, ScotterGainsborough£422,3565
DN21 3TNHigh Street, ScotterGainsborough£421,9253

Least Expensive Streets in DN21 (Gainsborough)

PostcodeStreetAreaAverageNo. of Sales
DN21 1BHHigh StreetGainsborough£37,0485
DN21 1JLClinton TerraceGainsborough£38,9984
DN21 1BNFrampton TerraceGainsborough£39,8333
DN21 1JQLinden TerraceGainsborough£41,4449
DN21 1BXWellington StreetGainsborough£42,9905
DN21 2JFTower StreetGainsborough£44,1666
DN21 1BSWheeldon StreetGainsborough£45,0003
DN21 1BZDickenson TerraceGainsborough£45,9005
DN21 1LAWaterworks StreetGainsborough£46,21811
DN21 1DLDarwin StreetGainsborough£47,3256

Explore DN21 (Gainsborough) using map

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