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The most recent median house price in Gainsborough, East Midlands, stood at £143,750 in May 2025, reflecting a mixed market with significant month-to-month variability. Compared YoY, median prices show considerable volatility with some months in 2025 significantly higher such as March at £235,000 compared to £199,995 in April 2024, yet other months like April 2025 showing a drop to £82,000. This indicates no consistent YoY increase or decrease, highlighting a somewhat unstable pricing environment influenced by market fluctuations and buyer activity.
Median prices for detached houses remain the highest among property types at £190,000 in May 2025, with prices generally stable or slightly declining YoY compared to peaks of £300,000 in early 2024 and 2025. Semi-detached houses showed median prices around £131,250 in May 2025, down from £187,495 a year earlier, indicating a YoY decrease nearing 30%. Terraced houses and flats experienced lower median prices recently, with terraced properties at £103,500 and flats at £67,000 in May 2025, both showing downward price trends YoY. Overall, detached homes retain premium pricing while other types have seen noticeable declines in median prices over the past year.