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House Prices in DN31 House Prices in DN31 (Grimsby)

The average house price in DN31 (Grimsby) is £76,900 using HM Land Registry data.

The average property price increased by £18,105 (34.23%) over the last 5 years and increased by £3,627 (4.89%) over the last 12 months.

Over the last year, there were 104 residential property sales – a decrease of 54 transactions (-51.92%) relative to the previous year. The majority of house sales (28) were in the £58,000 - £76,000 range. Then came properties in the £76,000 - £94,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 109 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,958 (-4%).

In Dec 24, there were 13 new estate agency instructions, 20 agreed home sales and 14 property price reductions.

Nearby Postcodes: DN32, DN33, DN34, DN35, DN36, DN37, DN38, DN39, DN40, DN41, LN7, LN8

5-Year Average Property Prices in DN31 (Grimsby)

34.23%

Property prices in Grimsby increased by 34.23% 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 DN31 (Grimsby) Over the Last Year

4.89%

Property prices in Grimsby increased by 4.89% 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 DN31 (Grimsby) - Dec 24

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 DN31 (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 DN31 (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 DN31 (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 DN31 (Grimsby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN31 postcode area since 1995.

Recent Sales in DN31 (Grimsby)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Cromwell Road, Grimsby, North East Lincolnshire, DN31 2DW£85,000£78,476-£6,52411 Sep 202308 Nov 2024424 Days
9 Ravenspurn Way, Grimsby, North East Lincolnshire, DN31 1XP£80,000£77,000-£3,00006 Sep 202405 Nov 202460 Days
79 Waterside Drive, Grimsby, North East Lincolnshire, DN31 1RY£85,000£81,000-£4,00027 Jul 202401 Nov 202497 Days
89 Lord Street, Grimsby, North East Lincolnshire, DN31 2NF£85,000£84,000-£1,00009 Aug 202431 Oct 202483 Days
60 Boulevard Avenue, Grimsby, North East Lincolnshire, DN31 2JQ£70,000£70,000£0009 Feb 202423 Oct 2024257 Days
50 Lancaster Avenue, Grimsby, North East Lincolnshire, DN31 2EW£80,000£68,000-£12,00020 Mar 202418 Oct 2024212 Days
11 Finchley Court, Grimsby, North East Lincolnshire, DN31 2FE£110,000£110,000£0029 Aug 202402 Oct 202434 Days
125 Newhaven Terrace, Grimsby, North East Lincolnshire, DN31 2RX£69,950£63,000-£6,95013 May 202430 Sep 2024140 Days
97 Elsenham Road, Grimsby, North East Lincolnshire, DN31 2QS£55,000£55,000£0026 Jul 202302 Sep 2024404 Days
155 Lord Street, Grimsby, North East Lincolnshire, DN31 2NH£79,950£74,500-£5,45021 Feb 202423 Aug 2024184 Days
66 Elsenham Road, Grimsby, North East Lincolnshire, DN31 2QR£45,000£40,000-£5,00003 Jun 202416 Aug 202474 Days
59 Frederick Street, Grimsby, North East Lincolnshire, DN31 1XQ£120,000£118,000-£2,00010 May 202416 Aug 202498 Days
11 Bowers Avenue, Grimsby, North East Lincolnshire, DN31 2BG£99,950£95,000-£4,95022 Mar 202419 Jul 2024119 Days
48 Henry Street, Grimsby, North East Lincolnshire, DN31 2JA£110,000£95,000-£15,00026 Apr 202417 Jun 202452 Days
40 Lawson Avenue, Grimsby, North East Lincolnshire, DN31 2EN£78,950£75,000-£3,95006 Dec 202303 Jun 2024180 Days
3 Alexandra Wharf, Grimsby, North East Lincolnshire, DN31 1TQ£50,000£45,000-£5,00010 Oct 202331 May 2024234 Days
23 Waterside Drive, Grimsby, North East Lincolnshire, DN31 1RY£92,000£88,000-£4,00018 Sep 202324 May 2024249 Days
1 St Leonards Avenue, Grimsby, North East Lincolnshire, DN31 2BW£130,000£128,500-£1,50005 Dec 202329 Apr 2024146 Days
97 Armstrong Street, Grimsby, North East Lincolnshire, DN31 2QQ£50,000£37,500-£12,50006 Feb 202425 Apr 202479 Days
6 Saunders Street, Grimsby, North East Lincolnshire, DN31 2HP£59,950£48,000-£11,95009 Feb 202423 Apr 202474 Days

Most Expensive Streets in DN31 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN31 2FNFreshney WayGrimsby£165,88516
DN31 2FGCromwell CloseGrimsby£162,9956
DN31 2FBSidings RoadGrimsby£155,46129
DN31 2FASidings RoadGrimsby£152,90743
DN31 2FJAllotment WayGrimsby£140,72728
DN31 2FFWest Marsh CloseGrimsby£122,1653
DN31 1XQFrederick StreetGrimsby£114,5004
DN31 2BWSt Leonards AvenueGrimsby£106,1905
DN31 2BPSt Francis AvenueGrimsby£105,8333
DN31 2BXCromwell RoadGrimsby£100,6663

Least Expensive Streets in DN31 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN31 2EUThorgam CourtGrimsby£32,4005
DN31 1RDAlexandra RoadGrimsby£36,1405
DN31 2HPSaunders StreetGrimsby£40,9993
DN31 1XRRavenspurn WayGrimsby£42,1906
DN31 2HHDover StreetGrimsby£44,6254
DN31 2QSElsenham RoadGrimsby£45,1119
DN31 2QZStortford StreetGrimsby£45,5005
DN31 2QRElsenham RoadGrimsby£46,3336
DN31 2QBCorporation RoadGrimsby£47,3333
DN31 2QPElsenham RoadGrimsby£50,54011

Explore DN31 (Grimsby) using map

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