FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Grimsby

Grimsby House Prices Grimsby House Prices

The average house price in Grimsby is £145,320 using HM Land Registry data.

The average property price increased by £26,937 (21.61%) over the last 5 years and increased by £5,384 (3.68%) over the last 12 months.

Over the last year, there were 805 residential property sales – a decrease of 571 transactions (-70.93%) relative to the previous year. The majority of house sales (191) were in the £60,000 - £94,000 range. Then came properties in the £128,000 - £162,000 range, where 155 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,188 (-2%).

In April 2024, there were 211 new estate agency instructions, 148 agreed home sales and 111 property price reductions.

Neighbouring Areas: Cleethorpes, Waltham

Postcodes Covered: DN31, DN32, DN33, DN34, DN35, DN37, DN41

5-Year Average Property Prices in Grimsby

21.61%

Property prices in Grimsby increased by 21.61% 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 Grimsby Over the Last Year

3.68%

Property prices in Grimsby increased by 3.68% 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 Grimsby - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Grimsby

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 Grimsby

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 Grimsby

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 Grimsby since 1995

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

Recent Property Sales in Grimsby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Markhams Orchard, Grimsby, North East Lincolnshire, DN33 2LP£249,950£240,000-£9,95025 Jan 202415 Mar 202450 Days
6 Woodrow Park, Grimsby, North East Lincolnshire, DN33 2EF£380,000£365,000-£15,00003 Aug 202315 Mar 2024225 Days
13 Elm Avenue, Grimsby, North East Lincolnshire, DN34 4RQ£149,950£143,000-£6,95027 Oct 202313 Mar 2024138 Days
36 Felstead Road, Grimsby, North East Lincolnshire, DN34 4EU£125,000£120,000-£5,00016 Oct 202313 Mar 2024149 Days
4 Queens Parade, Grimsby, North East Lincolnshire, DN31 2LE£240,000£236,000-£4,00007 Mar 202311 Mar 2024370 Days
96 Roberts Street, Grimsby, North East Lincolnshire, DN32 8DT£100,000£94,000-£6,00003 Oct 202306 Mar 2024155 Days
69 Orion Way, Grimsby, North East Lincolnshire, DN34 5TZ£160,000£148,000-£12,00027 Nov 202305 Mar 202499 Days
7 Vaughan Avenue, Grimsby, North East Lincolnshire, DN32 8QB£325,000£312,500-£12,50011 Dec 202304 Mar 202484 Days
4c, Welholme Avenue, Grimsby, North East Lincolnshire, DN32 0HP£129,950£118,000-£11,95018 Oct 201801 Mar 20241961 Days
75 The Ridgeway, Grimsby, North East Lincolnshire, DN34 5PG£159,950£159,950£0020 Dec 202301 Mar 202472 Days
31 Ancaster Avenue, Grimsby, North East Lincolnshire, DN33 3LH£239,950£230,000-£9,95017 Aug 202329 Feb 2024196 Days
10 Clare Court, Grimsby, North East Lincolnshire, DN34 5UU£100,000£95,000-£5,00002 Feb 202428 Feb 202426 Days
23 Queens Court, Grimsby, North East Lincolnshire, DN34 5TT£118,000£115,000-£3,00012 Oct 202326 Feb 2024137 Days
76 The Ridgeway, Grimsby, North East Lincolnshire, DN34 5PQ£175,000£175,000£0012 Oct 202326 Feb 2024137 Days
41 Castle Street, Grimsby, North East Lincolnshire, DN32 7LW£48,000£47,000-£1,00023 Jan 202423 Feb 202431 Days
8 David Street, Grimsby, North East Lincolnshire, DN32 9NL£84,950£80,000-£4,95003 Nov 202323 Feb 2024112 Days
101 Yarborough Road, Grimsby, North East Lincolnshire, DN34 4EG£99,999£94,000-£5,99914 Aug 202323 Feb 2024193 Days
21 Birch Avenue, Grimsby, North East Lincolnshire, DN34 4RD£139,950£139,950£0014 Nov 202320 Feb 202498 Days
221 Corporation Road, Grimsby, North East Lincolnshire, DN31 2PZ£69,950£64,000-£5,95006 Oct 202316 Feb 2024133 Days
46 Cormorant Drive, Grimsby, North East Lincolnshire, DN37 9PD£240,000£227,500-£12,50010 Aug 202316 Feb 2024190 Days

Most Expensive Streets in Grimsby

PostcodeStreetAreaAverageNo. of Sales
DN32 0EEPark DriveGrimsby£498,3333
DN32 0DZWelholme AvenueGrimsby£419,3754
DN32 0EFPark DriveGrimsby£379,8004
DN32 0QAWeelsby RoadGrimsby£350,6234
DN33 2EFWoodrow ParkGrimsby£349,1666
DN32 0EAWelholme AvenueGrimsby£340,0003
DN34 4TENorthumberland CloseGrimsby£331,8754
DN33 3DPFairfield RoadGrimsby£331,2504
DN32 0EGPark DriveGrimsby£330,0003
DN33 2LWThe CopseGrimsby£326,6663

Least Expensive Streets in Grimsby

PostcodeStreetAreaAverageNo. of Sales
DN31 2EUThorgam CourtGrimsby£32,4005
DN31 1RDAlexandra RoadGrimsby£36,1405
DN31 2DHLincoln BoulevardGrimsby£36,3163
DN31 2QZStortford StreetGrimsby£36,5005
DN32 7NERutland StreetGrimsby£38,0003
DN32 7NFRutland StreetGrimsby£41,8758
DN31 2QSElsenham RoadGrimsby£42,8889
DN32 7RPGrafton StreetGrimsby£43,5006
DN31 1XRRavenspurn WayGrimsby£43,7347
DN32 7NBHarold StreetGrimsby£43,9166

Explore Grimsby and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Grimsby
Property Auctions Grimsby
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark