According to the public record, 131, Sea Road, Skegness is a modern freehold house and with 904 ft2 of internal area and sits on a 587 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sea Road, Chapel St. Leonards, Skegness, PE24 is located in the borough of East Lindsey within the PE24 postal district.
131, Sea Road, Skegness has a single entry in the Land Registry database from December 2006 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 131 Sea Road Skegness as £236,729 and the rental value as £874 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 131 Sea Road Skegness has increased by £4,993 (2.1%) and its rental value has increased by £4 per month (0.5%).
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 131, Sea Road, Skegness is in very good condition we estimate a sale value of £248,565 and rental value of £918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,158 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £236,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,163 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, 131, Sea Road, Skegness sits on a plot of 587m2.
We have plot size data on 28 out of 43 other houses in the postcode and 131, Sea Road, Skegness sits on the 12th largest plot.
According to HM Land Registry, 131, Sea Road, Skegness was last sold on 12 Dec 2006 for £176,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Sea Road, Skegness within a radius of 85m over the last 2 years.
The most recent example is 136, Sea Road, Skegness, PE24 5RY, a Freehold house which sold for £240,000 in Feb 2024.
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, 131, Sea Road, Skegness is the 74th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in PE24.
131, Sea Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2024.
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 131, 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 131, 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 131, 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 131, 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 131, 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 131, 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.