House Prices in North East Lincolnshire

Property Market Overview North East Lincolnshire has seen steady residential activity, with over 12,000 sales across five years. The average price stands at £174,880, reflecting a market pitched between affordable commuter territory and modest regional values. Grimsby dominates transaction volume, accounting for roughly 72% of all sales in the dataset.

Property Types and Price Differences Detached homes command significantly higher prices at £276,888—roughly 2.7 times the cost of terraced properties and flats, which cluster around £103,000–£106,000. Semi-detached houses, the most common type with 4,475 sales, sit in the middle at £170,242, making them the market's backbone across the region.

Price Trends Over Time The five-year trend shows growth of 11.5% overall. Prices peaked in 2025 at £181,526 before dropping to £165,289 in 2026—a notable correction that leaves current levels closer to 2021–2022 averages than the recent highs.

What Stands Out The gap between detached and other property types is substantial, while flats and terraces trade at nearly identical price points despite different appeal. Grimsby's dominant market share contrasts with smaller coastal and industrial towns like Cleethorpes and Immingham, which show distinct pricing tiers.