20, Merrifield Road
20, Merrifield Road
Description & Estimates
Public records show 20, Merrifield Road, Skegness to be a modern freehold house with 1,076 ft2 of internal area, sitting on a 447 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
20, Merrifield Road, Skegness has an estimated sale value of £178,492 and an estimated rental value of £938 per month, assuming reasonable condition and based on the information available.
Merrifield Road, Wainfleet, Skegness, PE24 lies in the borough of East Lindsey, within the PE24 postal district.
Our Data Sources
20, Merrifield Road, Skegness has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 20, Merrifield Road, Skegness would be worth £187,417, with a potential rental value of £985 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,998, with a rental value of £872 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 20, Merrifield Road, Skegness has dropped by £6,661 (3.7%) over the last year. During the same period, its estimated monthly rental value has risen by £28 (3.0%). The property's estimated gross yield is currently 6.3%.
Plot Size
20, Merrifield Road, Skegness occupies a 447 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
20, Merrifield Road, Skegness has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jul 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, oil.
Sold Prices
20, Merrifield Road, Skegness last changed hands on 1st March 2019, selling for £117,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 69.2% since March 2019.
- Sold Mar 2019£117,000
- Sold Jun 2013£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of 20, Merrifield Road, Skegness across the last 2 years.
Most recently, Roslyn, Rumbold Lane, Skegness, PE24 4DS, a freehold house, sold at £220,000 on the 7th September 2021.
Read more about house prices in PE24.
- Sold Sep 2021£220,000 | 3 Bed HouseRoslyn, Rumbold Lane, Skegness, PE24 4DSRoslyn, Rumbold Lane, Skegness, PE24 4DS
- Sold May 2021£173,000 | 3 Bed HouseSandilea, Rumbold Lane, Skegness, PE24 4ABSandilea, Rumbold Lane, Skegness, PE24 4AB
- Sold Oct 2012£125,000 | 3 Bed House18, Merrifield Road, Skegness, PE24 4AE18, Merrifield Road, Skegness, PE24 4AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 20, Merrifield Road, Skegness as the 13th largest and the 14th most expensive of the 20 addresses on Merrifield Road, Wainfleet, Skegness, PE24.
Against the PE24 postcode district average, it is £30k less expensive than the typical property.
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Schools Nearby
- 500mThe Wainfleet Magdalen Church of England/Methodist School
- 5.5kmFriskney All Saints Church of England Primary School
- 5.9kmThe St Peter and St Paul C of E Primary School
- 7.7kmSkegness Academy
- 7.7kmSkegness Grammar School
- 12.6kmKing Edward VI Academy
More reading links
Public Transport Nearby
Wainfleet station is the nearest stop to 20, Merrifield Road, Skegness at 500 metres away.
- 500mWainfleet
- 2.3kmHavenhouse
- 3.3kmThorpe Culvert
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
