Flat 2, The Villas Sea Bank Road, Chapel St Leonards, Skegness, PE24 5QU is a leasehold flat built between 1900-1929. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £87,969 , which equates to approximately £114 per square foot. It was last sold on 2 Oct 2020 for £74,000. Since then, the value has increased by £13,969, representing a 18.9% increase, or approximately 3.6% per year.

The current estimated value of £87,969 is:

  • 47.4% lower than the average property price on Sea Bank Road
  • 54.4% lower than the average in the PE24 5QU postcode area
  • and 62.5% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 4 July 2019, the property was recorded as owner-occupied.

View sold house prices in PE24 5QU

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
775 sq ft
Tenure
Leasehold
Price (estimate)
£87,969
Price Per sq ft (estimate)
£114
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 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 4 Jul 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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to PE24 5QU

15 th / 21
Price Rank
54% lower than average
8 th / 16
Size Rank
28% smaller than average
14 th / 16
Price Per Sq FT Rank
37% lower than average

Compared to other properties in PE24 5QU , this flat's estimated value ranks 15th out of 21. Based on price per square foot, it ranks 14th 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 8th out of 16 properties in its postcode area.

Sale History

Today
£87,969
streetscan.co.uk estimate
+19 %
2 Oct 2020
£74,000
Leasehold
-14 %
20 Feb 2007
£86,000
Leasehold
+309.5 %
6 Sep 1995
£21,000
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 4
size: 721 sq ft
sale price: £85,000
sale date: 17 Jan 2007

Data Sources

The property at Flat 2, The Villas Sea Bank Road, Chapel St Leonards, Skegness, PE24 5QU appears three times in the Land Registry records, with the latest transaction recorded on 2 Oct 2020. It also has a single Energy Performance Certificate (EPC) from 4 Jul 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.