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House Prices in DN33

The average house price in DN33 (Grimsby) is £172,490 using HM Land Registry data.

The average property price increased by £35,662 (27.22%) over the last 5 years and increased by £7,129 (4.07%) over the last 12 months.

Over the last year, there were 165 residential property sales – a decrease of 126 transactions (-76.36%) relative to the previous year. The majority of house sales (47) were in the £120,000 - £160,000 range. Then came properties in the £160,000 - £200,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,522 (-3%).

In June 2024, there were 52 new estate agency instructions, 32 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in DN33 (Grimsby)

27.22%

Property prices in Grimsby increased by 27.22% 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 DN33 (Grimsby) Over the Last Year

4.07%

Property prices in Grimsby increased by 4.07% 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.

Property Market Heat Gauge for DN33 (Grimsby) - June 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 DN33 (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 DN33 (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 DN33 (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 DN33 (Grimsby) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DN33 postcode area since 1995.

Recent Sales in DN33 (Grimsby)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
199 Edge Avenue, Grimsby, North East Lincolnshire, DN33 2DP	£150,000	£145,500	-£4,500	22 Jan 2024	22 Apr 2024	91 Days
26 Torbay Drive, Grimsby, North East Lincolnshire, DN33 3DQ	£299,950	£289,540	-£10,410	18 Sep 2023	19 Apr 2024	214 Days
53 Kirkstead Crescent, Grimsby, North East Lincolnshire, DN33 1JX	£78,000	£74,250	-£3,750	13 Sep 2023	12 Apr 2024	212 Days
3 Orchards Croft, Scartho, Grimsby, North East Lincolnshire, DN33 2QD	£395,000	£395,000	£00	16 Oct 2023	11 Apr 2024	178 Days
16 Crowle Drive, Grimsby, North East Lincolnshire, DN33 1HU	£90,000	£87,000	-£3,000	23 Jan 2024	28 Mar 2024	65 Days
7 Markhams Orchard, Grimsby, North East Lincolnshire, DN33 2LP	£249,950	£240,000	-£9,950	25 Jan 2024	15 Mar 2024	50 Days
6 Woodrow Park, Grimsby, North East Lincolnshire, DN33 2EF	£380,000	£365,000	-£15,000	03 Aug 2023	15 Mar 2024	225 Days
13 Lime Tree Avenue, Grimsby, North East Lincolnshire, DN33 2BB	£180,000	£175,000	-£5,000	04 Oct 2023	15 Mar 2024	163 Days
30 Hampstead Park, Scartho Top, Grimsby, North East Lincolnshire, DN33 3RW	£149,950	£143,000	-£6,950	23 Oct 2023	08 Mar 2024	137 Days
31 Ancaster Avenue, Grimsby, North East Lincolnshire, DN33 3LH	£239,950	£230,000	-£9,950	17 Aug 2023	29 Feb 2024	196 Days
65 Wren Crescent, Scartho Top, Grimsby, North East Lincolnshire, DN33 3RA	£345,000	£335,000	-£10,000	06 Jun 2023	29 Feb 2024	268 Days
53 Sutcliffe Avenue, Grimsby, North East Lincolnshire, DN33 1AG	£92,000	£90,000	-£2,000	20 Oct 2023	15 Feb 2024	118 Days
19 Lilac Court, Grimsby, North East Lincolnshire, DN33 3LR	£137,000	£134,500	-£2,500	05 Sep 2023	12 Feb 2024	160 Days
4 Redbourne Road, Grimsby, North East Lincolnshire, DN33 1PE	£72,950	£72,950	£00	06 Oct 2023	06 Feb 2024	123 Days
35 Boundary Road, Grimsby, North East Lincolnshire, DN33 3BG	£170,000	£162,500	-£7,500	03 Oct 2023	26 Jan 2024	115 Days
9 Sagefield Close, Grimsby, North East Lincolnshire, DN33 3PD	£215,000	£205,000	-£10,000	20 Oct 2023	23 Jan 2024	95 Days
22 Hampstead Park, Scartho Top, Grimsby, North East Lincolnshire, DN33 3RW	£140,000	£135,000	-£5,000	08 Nov 2023	19 Jan 2024	72 Days
54 Brookfield Road, Grimsby, North East Lincolnshire, DN33 3JL	£230,000	£228,000	-£2,000	20 Oct 2023	19 Jan 2024	91 Days
15 Mendip Avenue, Grimsby, North East Lincolnshire, DN33 3AB	£130,000	£123,000	-£7,000	17 Jul 2023	12 Jan 2024	179 Days
9 Kiddier Avenue, Grimsby, North East Lincolnshire, DN33 3DA	£159,950	£157,000	-£2,950	15 Aug 2023	11 Jan 2024	149 Days

Most Expensive Streets in DN33 (Grimsby)

Postcode	Street	Area	Average	No. of Sales
DN33 2EF	Woodrow Park	Grimsby	£349,166	6
DN33 3DP	Fairfield Road	Grimsby	£331,250	4
DN33 2LW	The Copse	Grimsby	£326,666	3
DN33 2JX	Louth Road	Grimsby	£322,000	5
DN33 2FB	Permain Close, Scartho	Grimsby	£308,290	5
DN33 2NG	Waltham Road	Grimsby	£305,250	4
DN33 2JU	Louth Road	Grimsby	£301,666	3
DN33 3NU	Ferriby Lane	Grimsby	£298,316	3
DN33 2AB	Scartho Road	Grimsby	£280,000	3
DN33 3ST	Fenwick Road, Scartho Top	Grimsby	£279,450	10

Least Expensive Streets in DN33 (Grimsby)

Postcode	Street	Area	Average	No. of Sales
DN33 1RH	Alder View	Grimsby	£64,375	4
DN33 1RB	Pinewood Crescent	Grimsby	£66,000	3
DN33 1JU	Kirkstead Crescent	Grimsby	£83,333	3
DN33 1DD	Milton Road	Grimsby	£84,333	3
DN33 1HG	Langton Close	Grimsby	£86,666	3
DN33 1DN	Milton Road	Grimsby	£90,816	6
DN33 1JF	Marton Grove	Grimsby	£94,666	3
DN33 1EH	Winchester Avenue	Grimsby	£94,750	4
DN33 1EN	Stratford Avenue	Grimsby	£96,357	7
DN33 3AN	Mendip Avenue	Grimsby	£96,940	5