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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.

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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Heather Close, Gainsborough, Lincolnshire, DN21 1GP	£250,000	£250,000	£0	03 Oct 2024	21 Feb 2025	141 Days
6 Adelaide Close, Gainsborough, Lincolnshire, DN21 1PH	£105,000	£99,000	-£6,000	06 Sep 2024	17 Feb 2025	164 Days
28 Arthur Road, Gainsborough, Lincolnshire, DN21 2QS	£140,000	£135,000	-£5,000	24 Sep 2024	17 Feb 2025	146 Days
12 Cromwell Street, Gainsborough, Lincolnshire, DN21 1DH	£67,950	£65,000	-£2,950	20 Sep 2024	31 Jan 2025	133 Days
11 The Rowans, Gainsborough, Lincolnshire, DN21 1WH	£210,000	£205,000	-£5,000	16 Jul 2024	31 Jan 2025	199 Days
21 Woods Terrace, Gainsborough, Lincolnshire, DN21 2RP	£75,000	£75,000	£0	31 Oct 2024	24 Jan 2025	85 Days
2 Sycamore Drive, Gainsborough, Lincolnshire, DN21 1FD	£210,000	£205,000	-£5,000	15 Apr 2024	24 Jan 2025	284 Days
21 Asquith Street, Gainsborough, Lincolnshire, DN21 2PQ	£99,950	£98,000	-£1,950	24 Oct 2024	22 Jan 2025	90 Days
4 Balfour Street, Gainsborough, Lincolnshire, DN21 2LF	£95,000	£89,000	-£6,000	25 Jun 2024	14 Jan 2025	203 Days
1 Morley Street, Gainsborough, Lincolnshire, DN21 2NF	£180,000	£175,000	-£5,000	19 Apr 2023	10 Jan 2025	632 Days
23 Salisbury Close, Morton, Gainsborough, Lincolnshire, DN21 3GB	£340,000	£325,000	-£15,000	02 Aug 2024	10 Jan 2025	161 Days
100 Foxby Mews, Gainsborough, Lincolnshire, DN21 1FR	£150,500	£150,500	£0	11 May 2024	10 Jan 2025	244 Days
9 Shakespeare Street, Gainsborough, Lincolnshire, DN21 1DE	£110,000	£100,000	-£10,000	10 Jul 2024	19 Dec 2024	162 Days
17 Falcon Grove, Gainsborough, Lincolnshire, DN21 1GQ	£219,950	£215,000	-£4,950	03 Sep 2024	09 Dec 2024	97 Days
2 Heapham Crescent, Gainsborough, Lincolnshire, DN21 1TD	£120,000	£103,000	-£17,000	24 Sep 2024	06 Dec 2024	73 Days
40 Greystones Road, Gainsborough, Lincolnshire, DN21 2TF	£66,950	£39,900	-£27,050	23 May 2018	04 Dec 2024	2387 Days
6 Cedar Close, Gainsborough, Lincolnshire, DN21 2TY	£220,000	£212,000	-£8,000	21 Feb 2024	29 Nov 2024	282 Days
3 Birchwood View, Gainsborough, Lincolnshire, DN21 1WA	£175,000	£175,000	£0	29 Feb 2024	29 Nov 2024	274 Days
37 Enderby Crescent, Gainsborough, Lincolnshire, DN21 1XQ	£225,000	£220,000	-£5,000	19 Jun 2024	28 Nov 2024	162 Days
23 Birchwood View, Gainsborough, Lincolnshire, DN21 1WA	£160,000	£157,500	-£2,500	23 Aug 2024	27 Nov 2024	96 Days

Most Expensive Streets in Gainsborough

Postcode	Street	Area	Average	No. of Sales
DN21 1PS	Foxby Warren	Gainsborough	£438,333	3
DN21 1HQ	Summer Hill	Gainsborough	£358,750	4
DN21 3GB	Salisbury Close	Morton	£306,237	4
DN21 1FY	Lindrick Drive	Gainsborough	£300,833	3
DN21 3AL	Walkerith Road	Morton	£277,666	3
DN21 3AQ	Trentside	Morton	£265,000	3
DN21 3BJ	Granary Close	Morton	£263,333	3
DN21 1QF	Thonock Avenue	Gainsborough	£258,497	10
DN21 3DA	Walkerith Road	Morton	£247,000	6
DN21 1FF	Oak Tree Avenue	Gainsborough	£245,000	4

Least Expensive Streets in Gainsborough

Postcode	Street	Area	Average	No. of Sales
DN21 1JL	Clinton Terrace	Gainsborough	£38,999	4
DN21 1BN	Frampton Terrace	Gainsborough	£39,833	3
DN21 1JQ	Linden Terrace	Gainsborough	£42,250	8
DN21 1BX	Wellington Street	Gainsborough	£45,487	4
DN21 1BZ	Dickenson Terrace	Gainsborough	£46,100	5
DN21 1BS	Wheeldon Street	Gainsborough	£46,250	4
DN21 2JF	Tower Street	Gainsborough	£47,999	4
DN21 1JR	Portland Terrace	Gainsborough	£48,200	5
DN21 1BL	Britannia Terrace	Gainsborough	£48,500	5
DN21 1LA	Waterworks Street	Gainsborough	£48,740	10