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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, 3, Tower Close, Mablethorpe is a modern freehold house with 613 ft2 of internal area and sits on a 440 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Tower Close, Mablethorpe is £188,251 and the estimated rental value is £799 per month.
Tower Close, Mablethorpe, LN12 is located in the borough of East Lindsey within the LN12 postal district.
3, Tower Close, Mablethorpe has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2020.
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.
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 3, Tower Close, Mablethorpe is in very good condition we estimate a sale value of £197,663 and a rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,073 and a rental value of £743 per month.
Over the last 12 months the sale value of 3 Tower Close Mablethorpe has decreased by an estimated £4,313 (2.3%) and its rental value has increased by an estimated £34 per month (4.3%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3, Tower Close, Mablethorpe sits on a plot of 440m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, Tower Close, Mablethorpe sits on the 2nd largest plot.
3, Tower Close, Mablethorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Tower Close, Mablethorpe was last sold on 29th January 2021 for £160,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Tower Close, Mablethorpe within a radius of 900 metres over the last 2 years.
The most recent example is 33, Aqua Drive, Mablethorpe, LN12 2YB, a freehold house which sold for £185,000 on the 9th November 2022.
Read more about house prices in LN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Close, Mablethorpe, LN12 has a total of 6 addresses. According to our analysis of all the public data, 3, Tower Close, Mablethorpe is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in LN12.
The closest station to 3, Tower Close, Mablethorpe is Skegness station which is 21.6 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 3, Tower Close, Mablethorpe, 87.3% of property is privately owned outright and 6.7% 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 3, Tower Close, Mablethorpe, 1.5% of residents are recorded as possessing school level qualifications and 14.1% 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 3, Tower Close, Mablethorpe, the average age was 58.4 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 3, Tower Close, Mablethorpe, 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 3, Tower Close, Mablethorpe, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
