Flat 1, The Villas Sea Bank Road, Chapel St Leonards, Skegness, PE24 5QU is a leasehold flat built between 1900-1929. The property offers approximately 517 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £80,943 , which equates to approximately £157 per square foot. It was last sold on 27 Nov 2020 for £70,000. Since then, the value has increased by £10,943, representing a 15.6% increase, or approximately 3.1% per year.

The current estimated value of £80,943 is:

  • 51.6% lower than the average property price on Sea Bank Road
  • 58.0% lower than the average in the PE24 5QU postcode area
  • and 65.5% lower than the average price for Skegness as a whole

View sold house prices in PE24 5QU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£80,943
Price Per sq ft (estimate)
£157
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, The Villas Sea Bank Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5QU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Jul 2020.

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 Apr 2018. The rating of E remains the same, but the energy efficiency score improved by 23.3%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE24 5QU

19 th / 21
Price Rank
58% lower than average
15 th / 16
Size Rank
52% smaller than average
11 th / 16
Price Per Sq FT Rank
13% lower than average

Compared to other properties in PE24 5QU , this flat's estimated value ranks 19th out of 21. Based on price per square foot, it ranks 11th 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 15th out of 16 properties in its postcode area.

Sale History

Today
£80,943
streetscan.co.uk estimate
+16 %
27 Nov 2020
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £55,000
sale date: 30 Jun 2016

Data Sources

The property at Flat 1, The Villas Sea Bank Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5QU appears once in the Land Registry records, with the transaction recorded on 27 Nov 2020. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Jul 2020. 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.