According to the public record, 41, Veal Street, Grimsby is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 883 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Veal Street, Grimsby, DN31 is located within the DN31 postal district.
41, Veal Street, Grimsby has a single entry in the Land Registry database from February 2007 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 41 Veal Street Grimsby as £68,723 and the rental value as £341 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 41 Veal Street Grimsby has increased by £989 (1.4%) and its rental value has increased by £20 per month (6.0%).
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 41, Veal Street, Grimsby is in very good condition we estimate a sale value of £72,159 and rental value of £358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £63,912 and a rental value of £317 per month.
If you were able to purchase this property for the estimated value of £68,723, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £338 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, 41, Veal Street, Grimsby was last sold on 09 Feb 2007 for £43,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Veal Street, Grimsby within a radius of 380 metres over the last 2 years.
The most recent example is 19, Ripon Street, Grimsby, DN31 2HG, a Freehold house which sold for £73,000 in Apr 2023.
Read more about house prices in DN31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veal Street, Grimsby, DN31 has a total of 29 addresses. According to our analysis of all the public data, 41, Veal Street, Grimsby is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in DN31.
The closest station to 41, Veal Street, Grimsby is Grimsby Town station which is 500 metres 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 41, Veal Street, Grimsby, 43.8% of property is socially rented and 30.6% is privately rented.
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 41, Veal Street, Grimsby, 14.3% of residents are recorded as possessing school level qualifications and 10.7% 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 41, Veal Street, Grimsby, the average age was 37.3 and the most common age was 27.
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 41, Veal Street, Grimsby, 0.0% 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 41, Veal Street, Grimsby, there are an average of 0.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.