3, College Close
3, College Close
Description & Estimates
The public record describes 3, College Close, Skegness as a modern apartment with 594 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, College Close, Skegness has an estimated sale value of £72,061 and an estimated rental value of £459 per month, assuming reasonable condition and based on the information available.
College Close, Wainfleet, Skegness, PE24 lies in the borough of East Lindsey, within the PE24 postal district.
Our Data Sources
3, College Close, Skegness has no records in the the Land Registry and a single entry in the EPC database dated May 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, College Close, Skegness would be worth £75,664, with a potential rental value of £482 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £67,017, with a rental value of £427 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 3, College Close, Skegness has declined by £685 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £27 (5.9%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
3, College Close, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 4.6 kilometres of 3, College Close, Skegness across the last 2 years.
Most recently, 76, High Street, Skegness, PE24 4BH, a leasehold flat, sold at £51,000 on the 4th September 2017.
Read more about house prices in PE24.
•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 3, College Close, Skegness as the 6th largest and the 9th most expensive of the 10 addresses on College Close, Wainfleet, Skegness, PE24.
Against the PE24 postcode district average, it is £136k less expensive than the typical property.
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Schools Nearby
- 400mThe Wainfleet Magdalen Church of England/Methodist School
- 5.0kmFriskney All Saints Church of England Primary School
- 6.2kmThe St Peter and St Paul C of E Primary School
- 8.1kmSkegness Academy
- 8.1kmSkegness Grammar School
- 12.5kmThe Giles Academy
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Public Transport Nearby
Wainfleet station is the nearest stop to 3, College Close, Skegness at 200 metres away.
- 200mWainfleet
- 2.6kmHavenhouse
- 3.2kmThorpe Culvert
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
