House Prices in DN32 House Prices in DN32 (Grimsby)

The average house price in DN32 (Grimsby) is £171,120 using HM Land Registry data.

The average property price increased by £20,829 (16.02%) over the last 5 years and increased by £4,174 (2.59%) over the last 12 months.

Over the last year, there were 246 residential property sales – a decrease of 104 transactions (-42.28%) relative to the previous year. The majority of house sales (71) were in the £50,000 - £90,000 range. Then came properties in the £90,000 - £130,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,741 (-3%).

In Dec 24, there were 25 new estate agency instructions, 32 agreed home sales and 34 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) - 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 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
12 St Olafs Grove, Grimsby, North East Lincolnshire, DN32 0HA£119,950£113,000-£6,95024 Sep 202421 Nov 202458 Days
48 Granville Street, Grimsby, North East Lincolnshire, DN32 9NS£86,950£83,000-£3,95026 Jul 202415 Nov 2024112 Days
58 Weelsby Avenue, Grimsby, North East Lincolnshire, DN32 0AS£139,000£125,000-£14,00020 Jun 202408 Nov 2024141 Days
29 Whitby Drive, Grimsby, North East Lincolnshire, DN32 9TB£145,000£143,000-£2,00022 Apr 202401 Nov 2024193 Days
6 Drew Avenue, Grimsby, North East Lincolnshire, DN32 0AY£184,500£183,500-£1,00017 Jul 202401 Nov 2024107 Days
145 Farebrother Street, Grimsby, North East Lincolnshire, DN32 0JP£120,000£113,500-£6,50024 Jun 202431 Oct 2024129 Days
6 Columbia Road, Grimsby, North East Lincolnshire, DN32 8EA£99,950£99,950£0024 May 202431 Oct 2024160 Days
155 Legsby Avenue, Grimsby, North East Lincolnshire, DN32 0LB£135,000£133,000-£2,00010 Jul 202428 Oct 2024110 Days
4 Reporto Avenue, Grimsby, North East Lincolnshire, DN32 9RE£199,950£195,000-£4,95004 May 202428 Oct 2024177 Days
50 Beverley Crescent, Grimsby, North East Lincolnshire, DN32 9TD£150,000£138,000-£12,00010 May 202428 Oct 2024171 Days
30 Cartledge Avenue, Grimsby, North East Lincolnshire, DN32 8ES£145,000£140,000-£5,00012 Jul 202425 Oct 2024105 Days
74 Danes Close, Grimsby, North East Lincolnshire, DN32 9AG£99,950£95,000-£4,95003 Jul 202425 Oct 2024114 Days
71 Humberstone Road, Grimsby, North East Lincolnshire, DN32 8AZ£149,950£149,950£0012 Jun 202416 Oct 2024126 Days
341 Weelsby Street, Grimsby, North East Lincolnshire, DN32 8BN£75,000£72,000-£3,00024 Nov 202315 Oct 2024326 Days
157 Willingham Street, Grimsby, North East Lincolnshire, DN32 9PT£110,000£105,000-£5,00018 Jun 202415 Oct 2024119 Days
31 Legsby Avenue, Grimsby, North East Lincolnshire, DN32 0NN£65,000£59,000-£6,00010 Sep 202411 Oct 202431 Days
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

Most Expensive Streets in DN32 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN32 0EEPark DriveGrimsby£538,3333
DN32 0EFPark DriveGrimsby£406,4003
DN32 0DZWelholme AvenueGrimsby£401,8754
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£308,2506
DN32 8QEVaughan AvenueGrimsby£297,3333

Least Expensive Streets in DN32 (Grimsby)

PostcodeStreetAreaAverageNo. of Sales
DN32 7RPGrafton StreetGrimsby£42,6005
DN32 7NBHarold StreetGrimsby£44,0005
DN32 7NATunnard StreetGrimsby£44,5559
DN32 7NFRutland StreetGrimsby£45,2857
DN32 9LJHainton AvenueGrimsby£46,6503
DN32 7LNStanley StreetGrimsby£47,1438
DN32 7LGCastle StreetGrimsby£48,6119
DN32 7NDRutland StreetGrimsby£48,8577
DN32 7NQHarold StreetGrimsby£50,2229
DN32 9PWMallard MewsGrimsby£50,7504

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