According to the public record, 58A, Butt Lane, Grimsby is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,920 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Butt Lane, Laceby, Grimsby, DN37 is located within the DN37 postal district.
58A, Butt Lane, Grimsby has 21 entries in the Land Registry database, most recently in April 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 58A Butt Lane Grimsby as £297,656 and the rental value as £1,215 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 58A Butt Lane Grimsby has decreased by £965 (0.3%) and its rental value has increased by £41 per month (3.4%).
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 58A, Butt Lane, Grimsby is in very good condition we estimate a sale value of £312,539 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,821 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £297,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,463 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, 58A, Butt Lane, Grimsby was last sold on 05 Apr 2007 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 38.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58A, Butt Lane, Grimsby within a radius of 362m over the last 2 years.
The most recent example is 32, Phillips Lane, Grimsby, DN37 7BL, a Freehold house which sold for £424,400 in Jan 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, 58A, Butt Lane, Grimsby is the 2nd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in DN37.
The closest station to 58A, Butt Lane, Grimsby is Healing station which is 4.0 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 58A, Butt Lane, Grimsby, 40.8% of property is privately owned with a mortgage and 35.2% is privately owned outright.
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 58A, Butt Lane, Grimsby, 17.6% of residents are recorded as possessing school level qualifications and 30.4% 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 58A, 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 58A, Butt Lane, Grimsby, 1.0% 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 58A, Butt Lane, Grimsby, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.