Gainsborough House Prices Gainsborough House Prices

The average house price in Gainsborough is £165,000 using HM Land Registry data.

The average property price increased by £24,202 (18.39%) over the last 5 years and increased by £4,837 (3.2%) over the last 12 months.

Over the last year, there were 260 residential property sales – a decrease of 34 transactions (-13.08%) relative to the previous year. The majority of house sales (54) were in the £96,000 - £132,000 range. Then came properties in the £60,000 - £96,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 98 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,720 (-4%).

In May 2025, there were 73 new estate agency instructions, 49 agreed home sales and 60 property price reductions.

5-Year Average Property Prices in Gainsborough

18.39%

Property prices in Gainsborough increased by 18.39% 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 Gainsborough Over the Last Year

3.2%

Property prices in Gainsborough increased by 3.2% 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 Gainsborough - May 2025

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 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 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 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 Gainsborough since 1995

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

Recent Property Sales in Gainsborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Heather Close, Gainsborough, Lincolnshire, DN21 1GP£250,000£250,000£003 Oct 202421 Feb 2025141 Days
6 Adelaide Close, Gainsborough, Lincolnshire, DN21 1PH£105,000£99,000-£6,00006 Sep 202417 Feb 2025164 Days
28 Arthur Road, Gainsborough, Lincolnshire, DN21 2QS£140,000£135,000-£5,00024 Sep 202417 Feb 2025146 Days
12 Cromwell Street, Gainsborough, Lincolnshire, DN21 1DH£67,950£65,000-£2,95020 Sep 202431 Jan 2025133 Days
11 The Rowans, Gainsborough, Lincolnshire, DN21 1WH£210,000£205,000-£5,00016 Jul 202431 Jan 2025199 Days
21 Woods Terrace, Gainsborough, Lincolnshire, DN21 2RP£75,000£75,000£031 Oct 202424 Jan 202585 Days
2 Sycamore Drive, Gainsborough, Lincolnshire, DN21 1FD£210,000£205,000-£5,00015 Apr 202424 Jan 2025284 Days
21 Asquith Street, Gainsborough, Lincolnshire, DN21 2PQ£99,950£98,000-£1,95024 Oct 202422 Jan 202590 Days
4 Balfour Street, Gainsborough, Lincolnshire, DN21 2LF£95,000£89,000-£6,00025 Jun 202414 Jan 2025203 Days
1 Morley Street, Gainsborough, Lincolnshire, DN21 2NF£180,000£175,000-£5,00019 Apr 202310 Jan 2025632 Days
23 Salisbury Close, Morton, Gainsborough, Lincolnshire, DN21 3GB£340,000£325,000-£15,00002 Aug 202410 Jan 2025161 Days
100 Foxby Mews, Gainsborough, Lincolnshire, DN21 1FR£150,500£150,500£011 May 202410 Jan 2025244 Days
9 Shakespeare Street, Gainsborough, Lincolnshire, DN21 1DE£110,000£100,000-£10,00010 Jul 202419 Dec 2024162 Days
17 Falcon Grove, Gainsborough, Lincolnshire, DN21 1GQ£219,950£215,000-£4,95003 Sep 202409 Dec 202497 Days
2 Heapham Crescent, Gainsborough, Lincolnshire, DN21 1TD£120,000£103,000-£17,00024 Sep 202406 Dec 202473 Days
40 Greystones Road, Gainsborough, Lincolnshire, DN21 2TF£66,950£39,900-£27,05023 May 201804 Dec 20242387 Days
6 Cedar Close, Gainsborough, Lincolnshire, DN21 2TY£220,000£212,000-£8,00021 Feb 202429 Nov 2024282 Days
3 Birchwood View, Gainsborough, Lincolnshire, DN21 1WA£175,000£175,000£029 Feb 202429 Nov 2024274 Days
37 Enderby Crescent, Gainsborough, Lincolnshire, DN21 1XQ£225,000£220,000-£5,00019 Jun 202428 Nov 2024162 Days
23 Birchwood View, Gainsborough, Lincolnshire, DN21 1WA£160,000£157,500-£2,50023 Aug 202427 Nov 202496 Days

Most Expensive Streets in Gainsborough

PostcodeStreetAreaAverageNo. of Sales
DN21 1PSFoxby WarrenGainsborough£438,3333
DN21 1HQSummer HillGainsborough£358,7504
DN21 3GBSalisbury CloseMorton£306,2374
DN21 1FYLindrick DriveGainsborough£300,8333
DN21 3ALWalkerith RoadMorton£277,6663
DN21 3AQTrentsideMorton£265,0003
DN21 3BJGranary CloseMorton£263,3333
DN21 1QFThonock AvenueGainsborough£258,49710
DN21 3DAWalkerith RoadMorton£247,0006
DN21 1FFOak Tree AvenueGainsborough£245,0004

Least Expensive Streets in Gainsborough

PostcodeStreetAreaAverageNo. of Sales
DN21 1JLClinton TerraceGainsborough£38,9994
DN21 1BNFrampton TerraceGainsborough£39,8333
DN21 1JQLinden TerraceGainsborough£42,2508
DN21 1BXWellington StreetGainsborough£45,4874
DN21 1BZDickenson TerraceGainsborough£46,1005
DN21 1BSWheeldon StreetGainsborough£46,2504
DN21 2JFTower StreetGainsborough£47,9994
DN21 1JRPortland TerraceGainsborough£48,2005
DN21 1BLBritannia TerraceGainsborough£48,5005
DN21 1LAWaterworks StreetGainsborough£48,74010

Explore Gainsborough and Neighbouring Area House Prices

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