FLAT 12, 55, BARGATE, GRIMSBY, DN34 5AD - £87,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 12 55 BARGATE is a small flat of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £100,259. It was last sold for £87,000 in October 2009, which was around 33% above the average October 2009 flat price in the North East Lincolnshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 12 55 BARGATE Sold Prices

Land registry data shows four sales for FLAT 12 55 BARGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the North East Lincolnshire local authority area for the corresponding sale date. All of the four FLAT 12 55 BARGATE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 14 OCT	£87,000	£65,483	33% above HPI
2006 3 NOV	£80,000	£68,398	17% above HPI
2003 13 MAY	£52,500	£39,202	34% above HPI
1999 13 JAN	£25,500	£23,511	8% above HPI

What might FLAT 12 55 BARGATE be worth now?

FLAT 12 55 BARGATE might now be worth an estimated £100,259.

This is based on house price inflation of 15.2%, between October 2009 and April 2026, for flats, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for FLAT 12 55 BARGATE of £87,000 on 14th October 2009. For the value to have increased from £87,000 to £100,259 over the seventeen years and six months to April 2026, the following assumptions must hold true:

• The value of FLAT 12 55 BARGATE has moved in line with the HPI for flats in the North East Lincolnshire local authority area.
• The October 2009 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 12 55 BARGATE has not materially changed since October 2009.

How Large is FLAT 12 55 BARGATE?

FLAT 12 55 BARGATE is 51m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of flats in Grimsby, based on EPC data. 30% of flats are smaller than FLAT 12 55 BARGATE, and 68% of flats are larger. Note that EPC data is not available for all properties in Grimsby.

FLAT 12 55 BARGATE: Plot

FLAT 12 55 BARGATE sits on a plot of roughly 0.467 of an acre, or 1,891m².

Where is FLAT 12 55 BARGATE?

FLAT 12, 55 BARGATE is located in GRIMSBY, in the DN34 postcode district.