House Prices in Grimsby: The Local Numbers That Matter
It’s not a guessing game when you’ve got this much recorded data. Grimsby’s market gives away a lot if you know where to look.
You’ll find this page structured around real data – from property price changes to movement across transaction bands – helping you see where things are heading and how fast they’re moving.
House Prices > Grimsby
A Look at Grimsby House Prices, Year on Year
Here’s how much Grimsby’s average property prices have changed year on year since 2018.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £174,900 | 2,290 |
| 2024 | £171,900 | 1,708 |
| 2023 | £168,900 | 1,912 |
| 2022 | £178,300 | 2,707 |
| 2021 | £170,200 | 3,132 |
| 2020 | £164,600 | 2,099 |
| 2019 | £156,000 | 2,289 |
| 2018 | £155,300 | 2,181 |
Property Prices Year on Year in Grimsby: What’s Actually Unfolded?
If you look closely at Grimsby since 2018, the property market has been pacing upward like eager shoppers down Freeman Street Market on a Saturday. At the same time, it’s not been entirely one-way traffic. While average property values have shown a measured climb, transaction numbers have twisted and dipped, reflecting both resilience and moments of caution.
- Prices have edged upward almost every year, with the average home value rising about 13% since 2018. It’s no wild boom, but a consistent increase that signals underlying stability for buyers and sellers alike.
- Transaction volumes are more changeable, ranging from bustling years to periods when activity has slowed. Most recently in 2023, there was a marked dip, with just 1,912 transactions, and a projected 2,290 for 2025 suggesting a potential recovery. In fact, 2021 saw a flurry of activity not often witnessed in Grimsby, possibly spurred by post-pandemic motivations.
Let’s call out a handful of themes we’re seeing:
- Affordability remains Grimsby’s trump card. Even with price rises, the market is still accessible compared to national averages. For those thinking of climbing the property ladder, value can still be found on the town’s quieter avenues and in budget-friendly postcodes (see our piece on Grimsby’s Most Budget-Friendly Postcodes).
- Investor interest is increasing. Shrewd buyers can see the potential for future returns with prices ticking upward and rental demand remaining resilient.
- Short-term volatility, long-term progress. That dip in 2023 might worry some, but Grimsby’s property “weather” is often changeable. The longer trend is a steady climb, more marathon than sprint.
If you’re sizing up a move, it’s smart to look beyond the occasional squall. Grimsby’s core strengths - affordability, community, and future opportunity - are quietly powering the market’s gentle upward journey.
House Type and Cost: Grimsby’s Breakdown
Detached
Avg. Property Price: 279,100
Avg. Size of Property
1,404 sq/ft
Avg. Cost Per Sq/ft
£208 sq/ft
Total transactions
951 (since 2021)
Semi-detached
Avg. Property Price: 159,700
Avg. Size of Property
953 sq/ft
Avg. Cost Per Sq/ft
£172 sq/ft
Total transactions
1,685 (since 2021)
Terraces
Avg. Property Price: 91,200
Avg. Size of Property
913 sq/ft
Avg. Cost Per Sq/ft
£103 sq/ft
Total transactions
2,595 (since 2021)
Apartments
Avg. Property Price: 82,600
Avg. Size of Property
681 sq/ft
Avg. Cost Per Sq/ft
£123 sq/ft
Total transactions
81 (since 2021)
Grimsby’s property market tells a vivid, even odd, story when you look beyond the headline numbers. Prices have ballooned in certain segments, while others remain unusually budget-friendly, almost as if value has been tucked away in unexpected corners of town. The last few years have seen thousands of properties change hands, but what does this say about demand, buyer psyche, and the future?
Let’s peel this back. Detached homes come with a notably higher ticket price but also a naturally larger footprint. This makes their cost per square foot distinctively higher, putting them at the pinnacle for buyers who crave privacy, garden space, and quieter, leafy streets. Yet, is that premium entirely justified? Are we simply paying for room to breathe, or are buyers chasing prestige in a town where practicality has always ruled?
Flats, by contrast, sit at the absolute bottom of the market for price and size. Their cost per square foot is remarkably modest, but transaction volumes are virtually a trickle compared to houses. Could this reflect lingering stigma, lack of new-build supply, or is it just that Grimsby remains a place where the dream is, stubbornly, a house and plot? For single buyers or would-be investors, flats are an arresting opportunity, but will latent demand ever really catch up?
The semi-detached property stands right in the sweet spot - Grimsby’s not-so-secret ingredient. These homes marry family-sized layouts with midrange cost per square foot, resulting in a bustling transaction volume. If we, at M0VE, had to bet on which segment will outpace inflation in the next cycle, semi-detached homes would be right at the top of the pile. Are they perhaps even a little undervalued, considering lifestyle and local earnings? Here’s how not to undervalue your own Grimsby home.
Finally, terraced properties move with speed and conviction, tallying the highest number of sales in recent years. Their smaller sizes and competitive entry prices echo Grimsby’s working class heritage, offering an accessible rung for first-time buyers, but also drawing both private landlords and “fixer-upper” fans. Yet, with prices still lagging behind most regional rivals, is this a bargain or just a new baseline in affordability? Will their popularity continue if mortgage costs stop rising, or could we see a sudden, frothy jump as buyers chase ever-dwindling stock?
So, what should we remember?
- Detached homes suit buyers who value breathing space and can stretch their budgets for long-term enjoyment.
- Semi-detached houses hit the right balance on almost every metric - price, size, and re-sale volume - appealing to family-focused buyers.
- Terraced properties remain the fastest-moving part of Grimsby’s market; affordable, practical, and packed with untapped potential for growth.
- Flats, while less in vogue, might offer overlooked value for those entering the housing market or seeking compact investment opportunities.
How Property Values Change Across Grimsby Districts
| District | Avg Price (£) | Transactions |
|---|---|---|
| DN31 | £92,300 | 1,466 |
| DN32 | £112,900 | 3,235 |
| DN33 | £170,000 | 2,411 |
| DN34 | £130,100 | 2,284 |
| DN36 | £228,600 | 3,494 |
| DN37 | £208,500 | 2,404 |
| DN41 | £217,000 | 851 |
Across Grimsby, property prices rarely march in step from one district to the next. Instead, you’ll find a patchwork of neighbourhoods, each with its own tempo and personality, reflected in both the numbers and the vibe on the streets.
If you’re drawn to the value-driven districts, then Grimsby's urban core is as accessible as a stroll down Freeman Street. Prices start comfortably low here, especially around the town centre, offering entry for buyers and investors alike. Yet, these areas are by no means sleepy – activity levels remain solid, demonstrating that even the more affordable patches see no shortage of key jangle and front-door moments. You can see just how wallet-friendly these spots are in our Grimsby’s Most Budget-Friendly Postcodes.
Step out towards the suburbs and things begin to change pace. Some areas swing into more aspirational territory: larger plots, detached homes, and tree-lined avenues become the norm. Property values climb higher in these spots, but they’re not completely out of reach – more like a tempting treat at the end of a brisk Humber-side walk. Here, demand keeps its steady drumbeat, as buyers searching for extra breathing room and privacy are willing to pay a bit more for it.
But it’s not just about prices ticking up as you move away from town. There are pockets, especially on the fringes, where prices feel positively robust, with homes feeling a tad grander than your standard Grimsby terrace. These districts might not see wild sales figures, but there’s a quiet confidence in their stability – and a sense that their blend of space, security and lifestyle holds perennial appeal.
One thing’s clear: Grimsby's property market in 2025 is tiptoeing up – not a sprint, but each district offers its own kind of opportunity. Families keen on back gardens and tranquil streets will feel just as at home as city-centre dwellers hunting for affordable options that don’t skimp on convenience or character.
So, what are the key takeaway points?
- Affordability anchors the central districts - ideal if maximising value is your top priority.
- Suburban neighbourhoods command a premium, especially where homes are bigger and streets calmer: these areas suit families and buyers seeking a longer-term move.
- Higher price tags at the fringes often come with lower transaction numbers – these markets move steadily, but buyers here expect both space and a certain standard of living.
- Every corner of Grimsby brings different amenities, connections and lifestyles – from lively local shops to expansive green space.
Whether you’re looking for your first rung on the ladder or aspiring to that forever home, Grimsby’s districts present a full spectrum of choices. For more on why prices differ so dramatically across town, take a look at our property price comparison guide.
Just to note, the numbers shared here focus on average sale price and transaction count alone.
Property sizes and cost per square foot have not been factored in, so some patterns could be blurred. For a full district breakdown, head over to our blog. Thanks for stopping by.
House Prices in Grimsby and How They Compare Nearby
| City | Avg Price (£) | Transactions |
|---|---|---|
| Cleethorpes | £147,800 | 3,863 |
| Immingham | £143,800 | 1,179 |
| Louth | £228,600 | 3,373 |
| Withernsea | £131,800 | 765 |
| Barrow-Upon-Humber | £228,300 | 583 |
| Market Rasen | £240,200 | 1,983 |
| Brigg | £198,100 | 1,350 |
| Barton-Upon-Humber | £180,000 | 1,608 |
| Hull | £142,300 | 25,035 |
| Hessle | £213,800 | 2,205 |
If we zoom in on house prices across Grimsby’s neighbouring towns and villages, you’ll spot a market with striking variety. Some areas are tiptoeing upward with moderate, measured growth, while others are downright humble in price, attracting those unwilling to overstretch. Transaction figures, meanwhile, range from quietly sluggish to energetically brisk—a vivid reflection of local tastes and priorities.
Let’s break down a few revealing themes:
- Louth and Market Rasen compete for the top spot in average price, sitting confidently above £228,600 and £240,200. For buyers, these towns are the “aspirational picks”: think leafy avenues, handsome period homes, and a pace reminiscent of an unhurried Lincolnshire morning. Don’t expect rampant activity, but there’s consistent demand from families and professionals seeking that extra something.
- Cleethorpes is noticeably more accessible: sitting just below the £150,000 mark, but posting a strong nearly 3,900 transactions. The coast delivers: a ripple of interest from sun-seekers, downsizers, and buy-to-let investors. This is where affordability meets lively demand.
- Hull’s property market is teeming with action. Despite being the cheapest large centre, there are an energetic over 25,000 transactions on record. Whether you want metropolitan buzz or simply a budget alternative, Hull’s numbers dwarf nearby towns. The city is serving up classic value for every pound spent.
- Contrast that with **Immingham, Withernsea, and Barrow-Upon-Humber**: attractive to price-conscious buyers, with average prices trailing the larger regional market by a decent margin. Transaction volumes are modest, hinting at tighter supply and a more settled, neighbourly crowd. Think local loyalties and a quieter pace of life.
- In between, spots like Brigg, Barton-Upon-Humber, and Hessle are the market’s steady hands. With prices and activity sitting neatly in the middle, they’re perfect for anyone wanting to dodge the extremes, both in price and market fervour.
Thinking about buying in Grimsby versus one of its neighbours? You’ll find meaningful variety in both pace and pricing. For some, the extra chunk required for Louth or Market Rasen means trading up to elegant settings. For others, the lively energy and affordability found in Cleethorpes, or the sheer scale of Hull’s transactions, promises more value with every purchase.
What it all means
- Looking for affordability and energy? Cleethorpes and Hull both stand out, each punching above their weight in transaction numbers.
- Craving a slower pace or prestige address? Louth and Market Rasen offer higher prices and a quieter, more exclusive feel.
- Prefer balance without crowds or hefty mark-ups? Brigg, Barton-Upon-Humber, and Hessle provide sensible middle ground for families and steady movers alike.
The upshot: You’re spoilt for choice around Grimsby. House prices and turnover don’t march to the same tune, so you can choose a setting—and a budget—that matches your plans. Even in this part of Lincolnshire, there’s no single, dominant trend—just a patchwork of local stories waiting to unfold.
Quick reminder: the averages here cover property sale prices and transactions only.
Property size and cost per square foot are not factored in, meaning some shifts may be missed. To explore further, visit our blog.
Why Grimsby Deserves a Closer Look
Interested in Grimsby property or investment? Browse our expert articles for the best roads, housing insights, and market tips to land a smart deal.
Data You Can Believe In
We measure with care, not haste. Every property value is processed through our smart engine (adjusted for size, build, location and more), producing something gently reliable. View our full breakdown