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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 5, Bargate, Grimsby is £51,204 and the estimated rental value is £273 per month.
The apartment is within 5, Bargate, Grimsby, DN34.
Bargate, Grimsby, DN34 is located within the DN34 postal district.
Flat 4, 5, Bargate, Grimsby has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property 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 Flat 4, 5, Bargate, Grimsby is in very good condition we estimate a sale value of £53,764 and a rental value of £287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £47,620 and a rental value of £254 per month.
Over the last 12 months the sale value of Flat 4 5 Bargate Grimsby has decreased by an estimated £1,017 (2.0%) and its rental value has increased by an estimated £9 per month (3.3%), giving an expected gross yield of 6.4%.
Flat 4, 5, Bargate, Grimsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, 5, Bargate, Grimsby was last sold on 8th April 2022 for £52,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 13.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 4, 5, Bargate, Grimsby within a radius of 510 metres over the last 2 years.
The most recent example is First Floor Flat, 94, Cartergate, Grimsby, DN31 1SB, a leasehold flat which sold for £27,500 on the 29th October 2020.
Read more about house prices in DN34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bargate, Grimsby, DN34 has a total of 152 addresses. According to our analysis of all the public data, Flat 4, 5, Bargate, Grimsby is the 152nd largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in DN34.
The closest station to Flat 4, 5, Bargate, Grimsby is Grimsby Town station which is 500 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 Flat 4, 5, Bargate, Grimsby, 39.1% of property is privately rented and 35.9% is privately owned outright.
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 Flat 4, 5, Bargate, Grimsby, 7.8% of residents are recorded as possessing school level qualifications and 32.6% 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 Flat 4, 5, Bargate, Grimsby, the average age was 42.6 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 Flat 4, 5, Bargate, Grimsby, 0.5% 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 4, 5, Bargate, Grimsby, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.