House Prices in DN32 House Prices in DN32 (Grimsby)

The average house price in DN32 (Grimsby) is £140,500 using HM Land Registry data.

The average property price increased by £21,991 (16.02%) over the last 5 years and increased by £4,406 (2.59%) over the last 12 months.

Over the last year, there were 230 residential property sales – a decrease of 125 transactions (-54.35%) relative to the previous year. The majority of house sales (67) were in the £50,000 - £90,000 range. Then came properties in the £90,000 - £130,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,653 (-2%).

In Oct 24, there were 67 new estate agency instructions, 52 agreed home sales and 46 property price reductions.

5-Year Average Property Prices in DN32 (Grimsby)

16.02%

Property prices in Grimsby increased by 16.02% 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 DN32 (Grimsby) Over the Last Year

2.59%

Property prices in Grimsby increased by 2.59% 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 DN32 (Grimsby) - Oct 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 DN32 (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 DN32 (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 DN32 (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 DN32 (Grimsby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN32 postcode area since 1995.

Recent Sales in DN32 (Grimsby)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Ainslie Street, Grimsby, North East Lincolnshire, DN32 0LY£109,950£105,000-£4,95026 Dec 202323 Aug 2024241 Days
9 St Andrews Drive, Grimsby, North East Lincolnshire, DN32 8PR£234,000£228,000-£6,00008 May 202405 Aug 202489 Days
21 Cartledge Avenue, Grimsby, North East Lincolnshire, DN32 8ES£124,950£122,500-£2,45018 Apr 202430 Jul 2024103 Days
172 Humberston Road, Grimsby, North East Lincolnshire, DN32 8QJ£274,950£271,000-£3,95014 Mar 202426 Jul 2024134 Days
15 Torrington Street, Grimsby, North East Lincolnshire, DN32 9QH£115,500£110,000-£5,50019 Apr 202426 Jul 202498 Days
15 Frobisher Avenue, Grimsby, North East Lincolnshire, DN32 8JA£195,000£195,000£0021 Apr 202412 Jul 202482 Days
47 Thomas Street, Grimsby, North East Lincolnshire, DN32 9HP£70,000£67,000-£3,00010 Apr 202403 Jul 202484 Days
222 Willingham Street, Grimsby, North East Lincolnshire, DN32 9PY£76,000£73,500-£2,50023 Feb 202428 Jun 2024126 Days
19 Patrick Street, Grimsby, North East Lincolnshire, DN32 0JQ£75,000£70,000-£5,00012 Mar 202428 Jun 2024108 Days
61 Buller Street, Grimsby, North East Lincolnshire, DN32 8BW£79,950£75,000-£4,95028 Mar 202428 Jun 202492 Days
64 Weelsby Street, Grimsby, North East Lincolnshire, DN32 7RY£70,000£69,000-£1,00029 Feb 202428 Jun 2024120 Days
1 Abbey Park Mews, Grimsby, North East Lincolnshire, DN32 0JA£125,000£123,000-£2,00006 Mar 202426 Jun 2024112 Days
56 Park Avenue, Grimsby, North East Lincolnshire, DN32 0DQ£325,000£320,000-£5,00023 Aug 202318 Jun 2024300 Days
87 Patrick Street, Grimsby, North East Lincolnshire, DN32 9PQ£75,000£73,000-£2,00025 Mar 202414 Jun 202481 Days
132 Durban Road, Grimsby, North East Lincolnshire, DN32 8AY£112,500£110,000-£2,50006 Feb 202414 Jun 2024129 Days
138 Weelsby Road, Grimsby, North East Lincolnshire, DN32 0PU£175,000£175,000£0006 Mar 202424 May 202479 Days
72 Legsby Avenue, Grimsby, North East Lincolnshire, DN32 0NE£110,000£106,000-£4,00026 Jan 202424 May 2024119 Days
87 Cooper Road, Grimsby, North East Lincolnshire, DN32 8DG£104,950£104,950£0011 Jan 202417 May 2024127 Days
1 Albert Place, Grimsby, North East Lincolnshire, DN32 7DW£79,000£79,000£0014 Mar 202408 May 202455 Days
91 Wintringham Road, Grimsby, North East Lincolnshire, DN32 0PD£52,950£52,950£0023 Jan 202422 Apr 202490 Days

Most Expensive Streets in DN32 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN32 0EEPark DriveGrimsby£498,3333
DN32 0DZWelholme AvenueGrimsby£432,5003
DN32 0EFPark DriveGrimsby£406,4003
DN32 0QAWeelsby RoadGrimsby£334,4995
DN32 0EGPark DriveGrimsby£330,0003
DN32 8NBChurch Lane, Old CleeGrimsby£320,0004
DN32 0BTCumberland AvenueGrimsby£319,6258
DN32 0PNWelholme AvenueGrimsby£309,4005
DN32 0BXLansdowne AvenueGrimsby£301,9005
DN32 8QEVaughan AvenueGrimsby£297,3333

Least Expensive Streets in DN32 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN32 7RPGrafton StreetGrimsby£43,5006
DN32 7NBHarold StreetGrimsby£44,0005
DN32 7NATunnard StreetGrimsby£44,5559
DN32 7NFRutland StreetGrimsby£45,2857
DN32 7LNStanley StreetGrimsby£46,0256
DN32 9LJHainton AvenueGrimsby£46,6503
DN32 7NDRutland StreetGrimsby£47,7508
DN32 7JNWellington StreetGrimsby£48,0007
DN32 7LGCastle StreetGrimsby£48,6119
DN32 7NQHarold StreetGrimsby£49,6248

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