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According to the public record, Flat 5, 5, Bargate, Grimsby is a period leasehold apartment with 570 ft2 of internal area.
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 5, 5, Bargate, Grimsby is £55,942 and the estimated rental value is £292 per month.
The apartment is within 5, Bargate, Grimsby, DN34.
Bargate, Grimsby, DN34 is located within the DN34 postal district.
Flat 5, 5, Bargate, Grimsby has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated November 2021.
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 5, 5, Bargate, Grimsby is in very good condition we estimate a sale value of £58,739 and a rental value of £306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,026 and a rental value of £271 per month.
Over the last 12 months the sale value of Flat 5 5 Bargate Grimsby has decreased by an estimated £1,112 (2.0%) and its rental value has increased by an estimated £10 per month (3.3%), giving an expected gross yield of 6.3%.
Flat 5, 5, Bargate, Grimsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 5, 5, Bargate, Grimsby was last sold on 24th September 2021 for £42,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, 5, Bargate, Grimsby within a radius of 510 metres over the last 2 years.
The most recent example is 13, Abbey Drive East, Grimsby, DN32 0HD, a leasehold flat which sold for £45,000 on the 31st July 2019.
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 5, 5, Bargate, Grimsby is the 117th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in DN34.
The closest station to Flat 5, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 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 5, 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 5, 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 5, 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 5, 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.
