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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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2, Burkitt Way, Skegness is described in the public record as a modern house with 882 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Burkitt Way, Skegness is £124,684 and its rental estimate is £686 per month, given the available information and assuming reasonable condition.
Burkitt Way, Wainfleet, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
2, Burkitt Way, Skegness has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Burkitt Way, Skegness, we estimate a market value of £130,919 and a rental value of £720 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,956 and £638 per month respectively.
Over the last year, 2, Burkitt Way, Skegness has seen its estimated sale value decline by £4,653 (3.7%) and its estimated rental value climb by £20 per month (3.0%). This results in an estimated gross rental yield of 6.6%.
2, Burkitt Way, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, radiators, electric.
Over the past 2 years 3 properties similar to 2, Burkitt Way, Skegness have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 42, High Street, Skegness, PE24 4BH, a freehold house which sold for £115,000.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Burkitt Way, Wainfleet, Skegness, PE24, 2, Burkitt Way, Skegness comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the PE24 district.
From 2, Burkitt Way, Skegness, the nearest station is Wainfleet, 400 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Burkitt Way, Skegness, 55.4% of property is privately rented and 19.8% is privately owned outright.
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 2, Burkitt Way, Skegness, 17.9% of residents are recorded as possessing school level qualifications and 16.2% 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 2, Burkitt Way, Skegness, the average age was 47.4 and the most common age was 57.
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 2, Burkitt Way, Skegness, 0.4% 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 2, Burkitt Way, Skegness, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
