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4, College Close, Skegness is recorded publicly as a period freehold house across 473 ft2 of internal area, sitting on a 48.2 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 4, College Close, Skegness is £135,453 and its rental estimate is £720 per month, given the available information and assuming reasonable condition.
College Close, Wainfleet, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
4, College Close, Skegness has a single entry in the Land Registry from October 2012 and a single entry in the EPC database dated December 2022.
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.
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 4, College Close, Skegness, we estimate a market value of £142,226 and a rental value of £756 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £125,972 and £670 per month respectively.
Over the last year, 4, College Close, Skegness has seen its estimated sale value drop by £3,389 (2.5%) and its estimated rental value rise by £31 per month (4.3%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 4, College Close, Skegness as measuring 48 m2.
That makes it the 7th largest plot in the postcode, where 6 of the 8 other houses have recorded plot data.
4, College Close, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 4, College Close, Skegness completed on 23rd October 2012 at £45,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 96.5% over the period since October 2012.
Over the past 2 years 3 properties similar to 4, College Close, Skegness have sold within a radius of 4.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd March 2023, was 6, Rumbold Lane, Skegness, PE24 4DS, a freehold house which sold for £83,000.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on College Close, Wainfleet, Skegness, PE24, 4, College Close, Skegness comes out as the 10th largest and the 8th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the PE24 district.
From 4, College Close, Skegness, the nearest station is Wainfleet, 200 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, College Close, Skegness, 46.3% of property is privately owned outright and 35.2% 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 4, College Close, Skegness, 12.0% 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 4, College Close, Skegness, the average age was 47.4 and the most common age was 57.
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 4, College Close, 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 4, College Close, Skegness, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
