According to the public record, 128, Sea Road, Skegness is a mid-century freehold house and with 1,894 ft2 of internal area and sits on a 1,193 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sea Road, Chapel St. Leonards, Skegness, PE24 is located in the borough of East Lindsey within the PE24 postal district.
128, Sea Road, Skegness has 21 entries in the Land Registry database, most recently in November 2018 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 128 Sea Road Skegness as £365,360 and the rental value as £1,254 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 128 Sea Road Skegness has increased by £5,026 (1.4%) and its rental value has decreased by £3 per month (0.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 128, Sea Road, Skegness is in very good condition we estimate a sale value of £383,628 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,785 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £365,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,796 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 128, Sea Road, Skegness sits on a plot of 1193m2.
We have plot size data on 28 out of 43 other houses in the postcode and 128, Sea Road, Skegness sits on the 3rd largest plot.
According to HM Land Registry, 128, Sea Road, Skegness was last sold on 29 Nov 2018 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 128, Sea Road, Skegness within a radius of 1.1km over the last 2 years.
The most recent example is 16, Ancaster Avenue, Skegness, PE24 5SL, a Freehold house which sold for £270,000 in Aug 2021.
Read more about house prices in PE24.
Sea Road, Chapel St. Leonards, Skegness, PE24 has a total of 134 addresses. According to our analysis of all the public data, 128, Sea Road, Skegness is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in PE24.
128, Sea Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 128, Sea Road, Skegness is Skegness station which is 9.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 128, Sea Road, Skegness, 70.9% of property is privately owned outright and 16.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 128, Sea Road, Skegness, 8.7% of residents are recorded as possessing school level qualifications and 17.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 128, Sea Road, Skegness, the average age was 53.5 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 128, Sea Road, Skegness, 1.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 128, Sea Road, Skegness, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.