According to the public record, Flat 1, 11, Thorgam Court, Grimsby is a mid-century leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 11, Thorgam Court, Grimsby, DN31.
Thorgam Court, Grimsby, DN31 is located within the DN31 postal district.
Flat 1, 11, Thorgam Court, Grimsby has 3 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated September 2020.
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 Flat 1 11 Thorgam Court Grimsby as £28,941 and the rental value as £173 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 1 11 Thorgam Court Grimsby has increased by £235 (0.8%) and its rental value has increased by £9 per month (5.3%).
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 Flat 1, 11, Thorgam Court, Grimsby is in very good condition we estimate a sale value of £30,388 and rental value of £182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £26,915 and a rental value of £161 per month.
If you were able to purchase this property for the estimated value of £28,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £142 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, Flat 1, 11, Thorgam Court, Grimsby was last sold on 09 Jan 2018 for £31,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2018, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 11, Thorgam Court, Grimsby within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, 3, Thorgam Court, Grimsby, DN31 2EU, a Leasehold flat which sold for £35,000 in Dec 2023.
Read more about house prices in DN31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorgam Court, Grimsby, DN31 has a total of 48 addresses. According to our analysis of all the public data, Flat 1, 11, Thorgam Court, Grimsby is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in DN31.
Flat 1, 11, Thorgam Court, Grimsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 11, Thorgam Court, Grimsby is Grimsby Town station which is 600 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 Flat 1, 11, Thorgam Court, Grimsby, 68.2% of property is privately rented and 12.8% 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 Flat 1, 11, Thorgam Court, Grimsby, 17.6% of residents are recorded as possessing school level qualifications and 9.0% 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 Flat 1, 11, Thorgam Court, 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 Flat 1, 11, Thorgam Court, 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 Flat 1, 11, Thorgam Court, Grimsby, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.