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Property sale volume in Gainsborough, East Midlands, peaked notably in March 2025 with 62 sales, likely driven by changes in stamp duty rates, reflecting heightened buyer activity. Over the past six months, monthly sales have varied between 13 and 42 outside of March, showing a generally stable market with some fluctuations in median prices. This trend suggests sustained demand with price sensitivity among buyers, especially outside the spike in early spring 2025.
The most recent median house price in Gainsborough as of June 2025 was £117,000, following a peak median price of £190,000 in March 2025. This indicates a softening in prices after the March surge, aligning with the typical post-stamp duty adjustment period and ongoing market dynamics in the area.
Median house prices in Gainsborough vary significantly by property type, with detached houses commanding the highest prices around £215,000 in June 2025, followed by semi-detached houses at £181,000, terraced houses at £60,000, and flats considerably lower at £67,000 in May 2025. This price disparity highlights diverse buyer preferences and affordability within the local property market, reflecting Gainsborough's broad housing mix and varied investment opportunities.