85, SPRING BANK, GRIMSBY, DN34 4DA - £85,000

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.

85 SPRING BANK is a terraced house, which could now be worth an estimated £117,648. It was last sold for £85,000 in February 2007, which was about the average February 2007 terraced price in the North East Lincolnshire local authority area.

85 SPRING BANK Sold Prices

Land registry data shows three sales for 85 SPRING BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North East Lincolnshire local authority area for the corresponding sale date. The three 85 SPRING BANK sales were a mix of roughly equal to the average price, above the average price, and 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
2007 23 FEB	£85,000	£84,901	Close to HPI
2002 24 MAY	£36,000	£34,686	4% above HPI
2000 20 DEC	£18,000	£28,852	38% below HPI

What might 85 SPRING BANK be worth now?

85 SPRING BANK might now be worth an estimated £117,648.

This is based on house price inflation of 38.4%, between February 2007 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 38.4% inflationary increase is applied to the most recent sale price for 85 SPRING BANK of £85,000 on 23rd February 2007. For the value to have increased from £85,000 to £117,648 over the eighteen years and seven months to July 2026, the following assumptions must hold true:

• The value of 85 SPRING BANK has moved in line with the HPI for terraced houses in the North East Lincolnshire local authority area.
• The February 2007 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 85 SPRING BANK has not materially changed since February 2007.

Where is 85 SPRING BANK?

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