According to the public record, 518, Laceby Road, Grimsby is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,084 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Laceby Road, Grimsby, DN34 is located within the DN34 postal district.
518, Laceby Road, Grimsby has a single entry in the Land Registry database from February 2006 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 518 Laceby Road Grimsby as £160,290 and the rental value as £699 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 518 Laceby Road Grimsby has increased by £199 (0.1%) and its rental value has increased by £27 per month (3.8%).
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 518, Laceby Road, Grimsby is in very good condition we estimate a sale value of £168,304 and rental value of £734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,069 and a rental value of £650 per month.
If you were able to purchase this property for the estimated value of £160,290, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £788 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, 518, Laceby Road, Grimsby was last sold on 03 Feb 2006 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 518, Laceby Road, Grimsby within a radius of 630 metres over the last 2 years.
The most recent example is 6, The Ridgeway, Grimsby, DN34 5PJ, a Freehold house which sold for £127,500 in Oct 2020.
Read more about house prices in DN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laceby Road, Grimsby, DN34 has a total of 415 addresses. According to our analysis of all the public data, 518, Laceby Road, Grimsby is the 155th largest and the 225th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in DN34.
The closest station to 518, Laceby Road, Grimsby is Great Coates station which is 2.8 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 518, Laceby Road, Grimsby, 32.0% of property is privately owned outright and 30.3% 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 518, Laceby Road, Grimsby, 17.7% of residents are recorded as possessing school level qualifications and 17.3% 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 518, Laceby Road, Grimsby, the average age was 42.4 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 518, Laceby Road, Grimsby, 1.1% 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 518, Laceby Road, Grimsby, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.