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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, 51A, Wellowgate, Grimsby is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 907 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 51A, Wellowgate, Grimsby is £127,979 and the estimated rental value is £665 per month.
The apartment is within 51, Wellowgate, Grimsby, DN32.
Wellowgate, Grimsby, DN32 is located within the DN32 postal district.
51A, Wellowgate, Grimsby has 21 entries in the Land Registry , most recently in July 2008 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.
The local information is scored as 1 out of 5 and is considered of low 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 51A, Wellowgate, Grimsby is in very good condition we estimate a sale value of £134,378 and a rental value of £699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,020 and a rental value of £619 per month.
Over the last 12 months the sale value of 51A Wellowgate Grimsby has decreased by an estimated £1,902 (1.5%) and its rental value has increased by an estimated £30 per month (4.5%), giving an expected gross yield of 6.2%.
According to HM Land Registry, 51A, Wellowgate, Grimsby was last sold on 19th July 2008 for £121,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2008, the market for similar properties has dropped 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51A, Wellowgate, Grimsby within a radius of 560 metres over the last 2 years.
The most recent example is Flat 1, 25-27, Welholme Road, Grimsby, DN32 0DR, a leasehold flat which sold for £137,000 on the 22nd November 2024.
Read more about house prices in DN32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellowgate, Grimsby, DN32 has a total of 53 addresses. According to our analysis of all the public data, 51A, Wellowgate, Grimsby is the 24th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in DN32.
The closest station to 51A, Wellowgate, Grimsby is Grimsby Town station which is 300 metres 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 51A, Wellowgate, Grimsby, 41.1% of property is privately owned outright and 29.0% is privately rented.
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 51A, Wellowgate, Grimsby, 15.9% of residents are recorded as possessing school level qualifications and 30.0% 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 51A, Wellowgate, Grimsby, the average age was 41.2 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 51A, Wellowgate, Grimsby, 1.2% 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 51A, Wellowgate, Grimsby, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
