33, Cheltenham Way
33, Cheltenham Way
Description & Estimates
33, Cheltenham Way, Mablethorpe appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 951 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 33, Cheltenham Way, Mablethorpe is £214,453 and its rental estimate is £994 per month, given the available information and assuming reasonable condition.
Cheltenham Way, Mablethorpe, LN12 falls within the LN12 postal district, in the borough of East Lindsey.
Our Data Sources
33, Cheltenham Way, Mablethorpe has 2 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 33, Cheltenham Way, Mablethorpe, we estimate a market value of £225,176 and a rental value of £1,044 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,441 and £924 per month respectively.
Recent Market Change
Over the last year, 33, Cheltenham Way, Mablethorpe has seen its estimated sale value drop by £7,287 (3.4%) and its estimated rental value rise by £30 per month (3.0%). This results in an estimated gross rental yield of 5.6%.
Sold Prices
The most recent sale of 33, Cheltenham Way, Mablethorpe completed on 22nd November 2007 at £123,450 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 66.3% over the period since November 2007.
- Sold Nov 2007£123,450
- Sold Jun 2007£118,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 33, Cheltenham Way, Mablethorpe have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2024, was 42, Cheltenham Way, Mablethorpe, LN12 2AX, a freehold house which sold for £208,000.
Read more about house prices in LN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Cheltenham Way, Mablethorpe, LN12, 33, Cheltenham Way, Mablethorpe comes out as the 2nd largest and the 6th most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the LN12 district.
More reading links
Schools Nearby
- 500mMablethorpe Primary Academy
- 3.7kmSutton-on-Sea Community Primary School
- 3.9kmTheddlethorpe Academy
- 9.6kmJohn Spendluffe Foundation Technology College
- 10.0kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 14.5kmSomercotes Academy
More reading links
Public Transport Nearby
From 33, Cheltenham Way, Mablethorpe, the nearest station is Skegness, 22.1 kilometres away.
- 22.1kmSkegness
- 23.9kmThorpe Culvert
- 24.6kmHavenhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
