Flat 8, Red House Court Park Avenue, Skegness, PE25 2TF is a leasehold flat built between 1967-1975. The property offers approximately 452 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,920 , which equates to approximately £363 per square foot. It was last sold on 25 Jul 2000 for £49,950. Since then, the value has increased by £113,970, representing a 228.2% increase, or approximately 9.0% per year.

The current estimated value of £163,920 is:

  • 22.1% lower than the average property price on Park Avenue
  • 21.6% lower than the average in the PE25 2TF postcode area
  • and 30.1% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 24 May 2013, the property was recorded as owner-occupied.

View sold house prices in PE25 2TF

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£163,920
Price Per sq ft (estimate)
£363
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Red House Court Park Avenue, Skegness, East Lindsey, Lincolnshire, PE25 2TF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 May 2013.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to PE25 2TF

24 th / 40
Price Rank
22% lower than average
31 st / 31
Size Rank
60% smaller than average
1 st / 31
Price Per Sq FT Rank
97% higher than average

Compared to other properties in PE25 2TF , this flat's estimated value ranks 24th out of 40. Based on price per square foot, it ranks 1st out of 31 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 31th out of 31 properties in its postcode area.

Sale History

Today
£163,920
streetscan.co.uk estimate
+228 %
25 Jul 2000
£49,950
Leasehold
+29.7 %
29 Jun 1998
£38,500
Leasehold
-7.2 %
27 Mar 1997
£41,500
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 807 sq ft
sale price: £34,000
sale date: 16 Feb 1996
rooms: 4
size: 764 sq ft
sale price: £115,000
sale date: 24 May 2023
rooms: 3
size: 818 sq ft
sale price: £115,000
sale date: 2 Mar 2023
rooms: 3
size: 678 sq ft
sale price: £85,000
sale date: 1 Dec 2009
rooms: 3
size: 732 sq ft
sale price: £105,000
sale date: 8 Oct 2021

Data Sources

The property at Flat 8, Red House Court Park Avenue, Skegness, PE25 2TF appears three times in the Land Registry records, with the latest transaction recorded on 25 Jul 2000. It also has a single Energy Performance Certificate (EPC) from 24 May 2013. 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.