1, Bankside Maisonettes Sea Bank Road, Chapel St Leonards, Skegness, PE24 5QU is a leasehold flat built between 1983-1990. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £111,668 , which equates to approximately £155 per square foot. It was last sold on 21 Mar 1997 for £26,000. Since then, the value has increased by £85,668, representing a 329.5% increase, or approximately 11.5% per year.

The current estimated value of £111,668 is:

  • 33.2% lower than the average property price on Sea Bank Road
  • 42.1% lower than the average in the PE24 5QU postcode area
  • and 52.4% lower than the average price for Skegness as a whole

View sold house prices in PE24 5QU

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1983-1990
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£111,668
Price Per sq ft (estimate)
£155
Bedroom Count (estimate)
2 bedrooms

EPC Summary

1, Bankside Maisonettes Sea Bank Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5QU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jan 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Feb 2017, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 60.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE24 5QU

12 th / 21
Price Rank
42% lower than average
14 th / 16
Size Rank
33% smaller than average
12 th / 16
Price Per Sq FT Rank
14% lower than average

Compared to other properties in PE24 5QU , this maisonette's estimated value ranks 12th out of 21. Based on price per square foot, it ranks 12th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 14th out of 16 properties in its postcode area.

Sale History

Today
£111,668
streetscan.co.uk estimate
+329 %
21 Mar 1997
£26,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 775 sq ft
sale price: £74,000
sale date: 2 Oct 2020
rooms: 3
size: 716 sq ft
sale price: £107,000
sale date: 28 Oct 2019
rooms: 3
size: 826 sq ft
sale price: £39,995
sale date: 12 Jul 2017
rooms: 3
size: 743 sq ft
sale price: £75,000
sale date: 30 Oct 2015
rooms: 4
size: 732 sq ft
sale price: £64,000
sale date: 31 Aug 2011

Data Sources

The property at 1, Bankside Maisonettes Sea Bank Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5QU appears once in the Land Registry records, with the transaction recorded on 21 Mar 1997. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jan 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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