According to the public record, 1, Welbeck Place, Grimsby is a early-century freehold house with 635 ft2 of internal area and sits on a 157 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Welbeck Place, Grimsby, DN34 is located within the DN34 postal district.
1, Welbeck Place, Grimsby has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Welbeck Place Grimsby as £99,140 and the rental value as £489 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Welbeck Place Grimsby has increased by £802 (0.8%) and its rental value has increased by £24 per month (5.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Welbeck Place, Grimsby is in very good condition we estimate a sale value of £104,097 and rental value of £513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,200 and a rental value of £455 per month.
If you were able to purchase this property for the estimated value of £99,140, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £487 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Welbeck Place, Grimsby sits on a plot of 157m2.
We have plot size data on 8 out of 12 other houses in the postcode and 1, Welbeck Place, Grimsby sits on the 2nd largest plot.
According to HM Land Registry, 1, Welbeck Place, Grimsby was last sold on 26 Aug 2022 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Welbeck Place, Grimsby within a radius of 620 metres over the last 2 years.
The most recent example is 25, Revesby Avenue, Grimsby, DN34 5JW, a Freehold house which sold for £133,000 in Jun 2021.
Read more about house prices in DN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welbeck Place, Grimsby, DN34 has a total of 12 addresses. According to our analysis of all the public data, 1, Welbeck Place, Grimsby is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in DN34.
1, Welbeck Place, Grimsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Welbeck Place, Grimsby is Great Coates station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Welbeck Place, Grimsby, 44.3% of property is privately owned outright and 32.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Welbeck Place, Grimsby, 24.1% of residents are recorded as possessing school level qualifications and 20.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Welbeck Place, Grimsby, the average age was 40.4 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Welbeck Place, Grimsby, 0.7% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Welbeck Place, Grimsby, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.