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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
According to the public record, 7, Grimsby Road, Louth is a period freehold house with 2,734 ft2 of internal area and sits on a 1,618 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Grimsby Road, Louth is £527,856 and the estimated rental value is £1,860 per month.
Grimsby Road, Louth, LN11 is located in the borough of East Lindsey within the LN11 postal district.
7, Grimsby Road, Louth has 21 entries in the Land Registry , most recently in October 2022 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.
The local information is scored as 2 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 7, Grimsby Road, Louth is in very good condition we estimate a sale value of £554,248 and a rental value of £1,953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,906 and a rental value of £1,729 per month.
Over the last 12 months the sale value of 7 Grimsby Road Louth has decreased by an estimated £21,703 (4.1%) and its rental value has increased by an estimated £35 per month (1.9%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 7, Grimsby Road, Louth sits on a plot of 1618m2.
We have plot size data on 17 out of 24 other houses in the postcode and 7, Grimsby Road, Louth sits on the 2nd largest plot.
7, Grimsby Road, Louth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 2020.
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, 7, Grimsby Road, Louth was last sold on 20th October 2022 for £615,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Grimsby Road, Louth within a radius of 680 metres over the last 2 years.
The most recent example is 36, St. Marys Lane, Louth, LN11 0DT, a freehold house which sold for £571,750 on the 31st May 2024.
Read more about house prices in LN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grimsby Road, Louth, LN11 has a total of 87 addresses. According to our analysis of all the public data, 7, Grimsby Road, Louth is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £300k more expensive than the average property in LN11.
The closest station to 7, Grimsby Road, Louth is Cleethorpes station which is 21.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Grimsby Road, Louth, 52.4% of property is privately owned outright and 38.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 7, Grimsby Road, Louth, 16.7% of residents are recorded as possessing school level qualifications and 40.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Grimsby Road, Louth, the average age was 42.9 and the most common age was 57.
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 7, Grimsby Road, Louth, 0.0% 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 7, Grimsby Road, Louth, 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.
