7 Parliament Close, Skegness, PE25 1GP is a leasehold flat built between 2003-2006. The property offers approximately 646 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £110,279 , which equates to approximately £171 per square foot. It was last sold on 1 Nov 2007 for £97,500. Since then, the value has increased by £12,779, representing a 13.1% increase, or approximately 0.7% per year.

The current estimated value of £110,279 is:

  • 2.1% lower than the average property price on Parliament Close
  • 3.1% lower than the average in the PE25 1GP postcode area
  • and 53.0% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 26 April 2023, the property was recorded as rented.

View sold house prices in PE25 1GP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£110,279
Price Per sq ft (estimate)
£171
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 Parliament Close, Skegness, East Lindsey, Lincolnshire, PE25 1GP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Apr 2023.

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 10 Jun 2009. The rating of B remains the same, but the energy efficiency score improved by 2.5%.

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 system changed from electric immersion, dual tariff to electric immersion, off-peak, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good 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

14 th / 29
Price Rank
3% lower than average
6 th / 27
Size Rank
0% same size than average
22 nd / 27
Price Per Sq FT Rank
3% lower than average

Compared to other properties in PE25 1GP , this flat's estimated value ranks 14th out of 29. Based on price per square foot, it ranks 22th 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 6th out of 27 properties in its postcode area.

Sale History

Today
£110,279
streetscan.co.uk estimate
+13 %
1 Nov 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 7 Parliament Close, Skegness, East Lindsey, Lincolnshire, PE25 1GP appears once in the Land Registry records, with the transaction recorded on 1 Nov 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Apr 2023. 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.