58, SPRING BANK, GRIMSBY, DN34 4DB - £29,500

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.

58 SPRING BANK is a terraced house, which could now be worth an estimated £122,689. It was last sold for £29,500 in April 1997, which was around 4% above the average April 1997 terraced price in the North East Lincolnshire local authority area.

58 SPRING BANK Sold Prices

Land registry data shows two sales for 58 SPRING BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. One of the two 58 SPRING BANK sales was for above the average price, whilst the other was for below 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
1997 15 APR	£29,500	£28,255	4% above HPI
1996 4 OCT	£18,000	£27,543	35% below HPI

What might 58 SPRING BANK be worth now?

58 SPRING BANK might now be worth an estimated £122,689.

This is based on house price inflation of 315.9%, between April 1997 and July 2026, for terraced houses, 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 315.9% inflationary increase is applied to the most recent sale price for 58 SPRING BANK of £29,500 on 15th April 1997. For the value to have increased from £29,500 to £122,689 over the 28 years and nine months to July 2026, the following assumptions must hold true:

• The value of 58 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The April 1997 sale price of £29,500 represented a fair market value for the property.
• The size, condition, and specification of 58 SPRING BANK has not materially changed since April 1997.

Where is 58 SPRING BANK?

58 SPRING BANK is located in GRIMSBY, in the DN34 postcode district.