16 Parliament Close, Skegness, PE25 1GP is a leasehold flat built between 1996-2002. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £109,367 , which equates to approximately £175 per square foot. It was last sold on 19 Jun 2020 for £92,000. Since then, the value has increased by £17,367, representing a 18.9% increase, or approximately 3.4% per year.

The current estimated value of £109,367 is:

  • 2.9% lower than the average property price on Parliament Close
  • 3.9% lower than the average in the PE25 1GP postcode area
  • and 53.4% lower than the average price for Skegness as a whole

View sold house prices in PE25 1GP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£109,367
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Parliament Close, Skegness, East Lindsey, Lincolnshire, PE25 1GP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Oct 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 13 Aug 2009, and the property received the same rating of C with an unchanged energy efficiency score of 79.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE25 1GP

18 th / 29
Price Rank
4% lower than average
10 th / 27
Size Rank
3% smaller than average
21 st / 27
Price Per Sq FT Rank
1% lower than average

Compared to other properties in PE25 1GP , this flat's estimated value ranks 18th out of 29. Based on price per square foot, it ranks 21th out of 27 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 10th out of 27 properties in its postcode area.

Sale History

Today
£109,367
streetscan.co.uk estimate
+19 %
19 Jun 2020
£92,000
Leasehold
-5.6 %
3 Aug 2007
£97,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 646 sq ft
sale price: £95,000
sale date: 25 Nov 2024
rooms: 3
size: 570 sq ft
sale price: £97,000
sale date: 11 Oct 2023
rooms: 3
size: 549 sq ft
sale price: £103,000
sale date: 11 Apr 2023
rooms: 3
size: 624 sq ft
sale price: £95,000
sale date: 30 Nov 2022
rooms: 3
size: 592 sq ft
sale price: £95,000
sale date: 8 Aug 2022

Data Sources

The property at 16 Parliament Close, Skegness, PE25 1GP appears two times in the Land Registry records, with the latest transaction recorded on 19 Jun 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.