According to the public record, The Wayfarers, Grimsby is a mid-century freehold house and with 2,098 ft2 of internal area and sits on a 1,700 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Church Lane, Marshchapel, Grimsby, DN36 is located in the borough of East Lindsey within the DN36 postal district.
The Wayfarers, Grimsby has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated October 2019.
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 The Wayfarers Grimsby as £398,538 and the rental value as £1,471 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of The Wayfarers Grimsby has decreased by £1,848 (0.5%) and its rental value has increased by £48 per month (3.3%).
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 The Wayfarers, Grimsby is in very good condition we estimate a sale value of £418,465 and rental value of £1,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,640 and a rental value of £1,368 per month.
If you were able to purchase this property for the estimated value of £398,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,959 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 data from HM Land Registry, The Wayfarers, Grimsby sits on a plot of 1700m2.
We have plot size data on 18 out of 32 other houses in the postcode and The Wayfarers, Grimsby sits on the 6th largest plot.
According to HM Land Registry, The Wayfarers, Grimsby was last sold on 16 Jun 2021 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Wayfarers, Grimsby within a radius of 274m over the last 2 years.
The most recent example is Cherry Grove, Sea Dyke Way, Grimsby, DN36 5SX, a Freehold house which sold for £358,000 in Feb 2021.
Read more about house prices in DN36.
Church Lane, Marshchapel, Grimsby, DN36 has a total of 32 addresses. According to our analysis of all the public data, The Wayfarers, Grimsby is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in DN36.
The Wayfarers, Grimsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to The Wayfarers, Grimsby is Cleethorpes station which is 11.4 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 The Wayfarers, Grimsby, 49.2% of property is privately owned outright and 32.8% 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 The Wayfarers, Grimsby, 15.1% of residents are recorded as possessing school level qualifications and 24.4% 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 The Wayfarers, Grimsby, the average age was 48.5 and the most common age was 62.
The graph below shows how this compares to East Midlands 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 The Wayfarers, Grimsby, 1.0% of property was a second home.
Comparison figures for East Midlands 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 The Wayfarers, Grimsby, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.