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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 10, Springfields Close, Skegness is a modern freehold house with 2,755 ft2 of internal area and sits on a 447 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 10, Springfields Close, Skegness is £483,154 and the estimated rental value is £1,935 per month.
Springfields Close, Burgh Le Marsh, Skegness, PE24 is located in the borough of East Lindsey within the PE24 postal district.
10, Springfields Close, Skegness has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 10, Springfields Close, Skegness is in very good condition we estimate a sale value of £507,312 and a rental value of £2,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,333 and a rental value of £1,799 per month.
Over the last 12 months the sale value of 10 Springfields Close Skegness has decreased by an estimated £26,470 (5.5%) and its rental value has increased by an estimated £21 per month (1.1%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 10, Springfields Close, Skegness sits on a plot of 447m2.
We have plot size data on 6 out of 11 other houses in the postcode and 10, Springfields Close, Skegness sits on the 4th largest plot.
10, Springfields Close, Skegness has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 10, Springfields Close, Skegness was last sold on 1st September 2022 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Springfields Close, Skegness within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 1, Oak Tree Lane, Skegness, PE24 5FT, a freehold house which sold for £110,000 on the 23rd August 2024.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfields Close, Burgh Le Marsh, Skegness, PE24 has a total of 11 addresses. According to our analysis of all the public data, 10, Springfields Close, Skegness is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in PE24.
The closest station to 10, Springfields Close, Skegness is Thorpe Culvert station which is 5.5 kilometres 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 10, Springfields Close, Skegness, 29.5% of property is privately owned outright and 24.2% is privately rented.
The graph below shows how this compares to East Midlands 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 10, Springfields Close, Skegness, 18.6% of residents are recorded as possessing school level qualifications and 20.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Springfields Close, Skegness, the average age was 47.5 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 10, Springfields Close, Skegness, 0.6% 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 10, Springfields Close, 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.
