40 South ParadeHouse Prices / East Midlands, East Lindsey, South Parade, PE25 3HW
Key Building Insights
40 South Parade is a residential building situated on South Parade, Skegness, PE25 with 4 addresses.
It ranks as the 438th largest and 255th most expensive of the 750 buildings in the PE25 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
- Flats
Key Building Insights
40 South Parade is a residential building situated on South Parade, Skegness, PE25 with 4 addresses.
It ranks as the 438th largest and 255th most expensive of the 750 buildings in the PE25 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
- Flats
House Pricesin 40 South Parade
Sale prices range from £83,791 for 2 bedroom leasehold flats (463 ft2) to £103,347 for 2 bedroom leasehold flats with a garden (742 ft2) .
Monthly rental prices range from £589 pcm for 2 bed flats to £655 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 8.4%.
The average value per square foot is £155.
Sales Market Trendsin 40 South Parade
The last sale in 40 South Parade sold for £118,000 on 11th November 2022. Since then prices are down an average of 7.2%.
The current average value in the building is £94,214.
The 40 South Parade Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.4% | £94,214 |
| May 2025 | -3% | £95,506 |
| May 2024 | -3% | £98,490 |
| May 2023 | 3.9% | £101,565 |
| May 2022 | 8.7% | £97,749 |
| May 2021 | 5.1% | £89,916 |
| May 2020 | 1.1% | £85,590 |
| May 2019 | 3.1% | £84,659 |
| May 2018 | 2.9% | £82,077 |
| May 2017 | 3.9% | £79,759 |
| May 2016 | 1.8% | £76,752 |
| May 2015 | 5% | £75,360 |
| May 2014 | 0.9% | £71,758 |
| May 2013 | 0.5% | £71,115 |
| May 2012 | -0.8% | £70,738 |
| May 2011 | -1.4% | £71,333 |
| May 2010 | -0.8% | £72,329 |
| May 2009 | -11.4% | £72,919 |
| May 2008 | -0.2% | £82,321 |
| May 2007 | 0% | £82,479 |
Rental Market Trendsin 40 South Parade
The current average rental value in the building is £627.
The 40 South Parade Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 6% | £627pcm |
| May 2025 | 2.9% | £591pcm |
| May 2024 | 7.7% | £575pcm |
| May 2023 | 6.4% | £534pcm |
| May 2022 | 4.5% | £502pcm |
| May 2021 | 5% | £480pcm |
| May 2020 | 1.7% | £457pcm |
| May 2019 | -0.9% | £450pcm |
| May 2018 | 1.7% | £454pcm |
| May 2017 | 0.7% | £446pcm |
| May 2016 | 4.6% | £443pcm |
| May 2015 | 3.4% | £423pcm |
| May 2014 | 1.2% | £409pcm |
| May 2013 | -0.5% | £404pcm |
| May 2012 | 2.1% | £407pcm |
| May 2011 | 2.9% | £398pcm |
| May 2010 | -4.1% | £387pcm |
| May 2009 | -8.8% | £404pcm |
| May 2008 | 4.3% | £443pcm |
| May 2007 | 0% | £424pcm |
Explore Propertiesin 40, South Parade, Skegness, PE25 3HW
Sales Historyin 40, South Parade, Skegness, PE25 3HW
The last sale was on 11th November 2022 for £118,000 and since then the market in the area has decreased by 7.2%. The building has had a total of 8 sales since 1995.
40, South Parade, Skegness, PE25 3HW has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 40 South Parade
- 4 period flats built between 1800 and 1911
- period flat (4)
Energy Efficiencyof properties in 40 South Parade
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Saleson South Parade, Skegness, PE25
Schools Nearby
- 600mThe Richmond Primary Academy
- 1.0kmSkegness Infant Academy
- 1.1kmSkegness Junior Academy
- 1.2kmSkegness Grammar School
- 1.5kmSkegness Academy
- 17.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to 40, South Parade, Skegness, PE25 3HW is Skegness station, which is 700 metres away.
- 700mSkegness
- 5.5kmHavenhouse
- 8.2kmWainfleet
- 9.8kmThorpe Culvert
