According to the public record, 26, Butt Lane, Grimsby is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 949 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Butt Lane, Laceby, Grimsby, DN37 is located within the DN37 postal district.
26, Butt Lane, Grimsby has a single entry in the Land Registry database from April 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 26 Butt Lane Grimsby as £176,898 and the rental value as £800 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 26 Butt Lane Grimsby has increased by £1,623 (0.9%) and its rental value has increased by £37 per month (4.7%).
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 26, Butt Lane, Grimsby is in very good condition we estimate a sale value of £185,742 and rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,515 and a rental value of £744 per month.
If you were able to purchase this property for the estimated value of £176,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £869 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 HM Land Registry, 26, Butt Lane, Grimsby was last sold on 29 Apr 2022 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Butt Lane, Grimsby within a radius of 103m over the last 2 years.
The most recent example is 23, Stanford Close, Grimsby, DN37 7AG, a Freehold house which sold for £135,000 in Feb 2024.
Read more about house prices in DN37.
Butt Lane, Laceby, Grimsby, DN37 has a total of 53 addresses. According to our analysis of all the public data, 26, Butt Lane, Grimsby is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in DN37.
The closest station to 26, Butt Lane, Grimsby is Healing station which is 4.2 km 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 26, Butt Lane, Grimsby, 54.7% of property is privately owned outright and 25.8% 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 26, Butt Lane, Grimsby, 12.5% of residents are recorded as possessing school level qualifications and 25.5% 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 26, Butt Lane, Grimsby, the average age was 44.2 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 26, Butt Lane, Grimsby, 2.1% 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 26, Butt Lane, Grimsby, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.