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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Butt Lane, Grimsby is a mid-century freehold house with 1,130 ft2 of internal area and sits on a 451 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Butt Lane, Grimsby is £207,185 and the estimated rental value is £1,001 per month.
Butt Lane, Laceby, Grimsby, DN37 is located within the DN37 postal district.
40, Butt Lane, Grimsby has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 40, Butt Lane, Grimsby is in very good condition we estimate a sale value of £217,544 and a rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,682 and a rental value of £931 per month.
Over the last 12 months the sale value of 40 Butt Lane Grimsby has decreased by an estimated £2,979 (1.4%) and its rental value has increased by an estimated £43 per month (4.3%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 40, Butt Lane, Grimsby sits on a plot of 451m2.
We have plot size data on 23 out of 24 other houses in the postcode and 40, Butt Lane, Grimsby sits on the 6th largest plot.
40, Butt Lane, Grimsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Butt Lane, Grimsby was last sold on 21st January 2022 for £234,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Butt Lane, Grimsby within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 16, Longmeadows Drive, Grimsby, DN37 7AQ, a freehold house which sold for £208,000 on the 18th December 2024.
Read more about house prices in DN37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butt Lane, Laceby, Grimsby, DN37 has a total of 52 addresses. According to our analysis of all the public data, 40, Butt Lane, Grimsby is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in DN37.
The closest station to 40, Butt Lane, Grimsby is Healing station which is 4.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 40, Butt Lane, Grimsby, 54.7% of property is privately owned outright and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 40, Butt Lane, Grimsby, 12.5% of residents are recorded as possessing school level qualifications and 25.5% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, 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 40, Butt Lane, Grimsby, 2.1% 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 40, Butt Lane, Grimsby, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
