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Public records show 23, Albany Way, Skegness to be a mid-century freehold house with 1,011 ft2 of internal area, sitting on a 391 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
23, Albany Way, Skegness has an estimated sale value of £240,953 and an estimated rental value of £1,047 per month, assuming reasonable condition and based on the information available.
Albany Way, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
23, Albany Way, Skegness has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated June 2018.
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.
In very good condition, we estimate 23, Albany Way, Skegness would be worth £253,001, with a potential rental value of £1,099 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,087, with a rental value of £974 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 23, Albany Way, Skegness has decreased by £5,522 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £54 (5.2%). The property's estimated gross yield is currently 5.2%.
23, Albany Way, Skegness occupies a 391 m2 plot as recorded by HM Land Registry.
Of the 16 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the 5th largest.
23, Albany Way, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
23, Albany Way, Skegness last changed hands on 1st April 2019, selling for £140,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 36.0% since April 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 23, Albany Way, Skegness across the last 2 years.
Most recently, 186, Burgh Road, Skegness, PE25 2LW, a freehold house, sold at £190,000 on the 29th January 2021.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 23, Albany Way, Skegness as the 8th largest and the 4th most expensive of the 34 addresses on Albany Way, Skegness, PE25.
Against the PE25 postcode district average, it is £10k more expensive than the typical property.
Skegness station is the nearest stop to 23, Albany Way, Skegness at 1.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Albany Way, Skegness, 51.7% of property is privately owned outright and 21.4% is privately owned with a mortgage.
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 23, Albany Way, Skegness, 17.6% of residents are recorded as possessing school level qualifications and 16.0% 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 23, Albany Way, Skegness, the average age was 46.8 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 23, Albany Way, Skegness, 0.0% 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 23, Albany Way, 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.