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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, 7, Point Road, Skegness is a early-century freehold house with 1,022 ft2 of internal area and sits on a 802 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Point Road, Skegness is £380,140 and the estimated rental value is £1,331 per month.
Point Road, Ingoldmells, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
7, Point Road, Skegness has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated February 2015.
We combine this information with that 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.
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 7, Point Road, Skegness is in very good condition we estimate a sale value of £399,147 and a rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,530 and a rental value of £1,238 per month.
Over the last 12 months the sale value of 7 Point Road Skegness has decreased by an estimated £8,711 (2.3%) and its rental value has increased by an estimated £69 per month (5.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 7, Point Road, Skegness sits on a plot of 802m2.
We have plot size data on 5 out of 5 other houses in the postcode and 7, Point Road, Skegness sits on the 2nd largest plot.
7, Point Road, Skegness has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 14 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, bottled LPG.
According to HM Land Registry, 7, Point Road, Skegness was last sold on 2nd September 2016 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 45.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Point Road, Skegness within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Newstead Holding, Walls Lane, Skegness, PE25 1JH, a freehold house which sold for £231,600 on the 23rd October 2014.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Point Road, Ingoldmells, Skegness, PE25 has a total of 5 addresses. According to our analysis of all the public data, 7, Point Road, Skegness is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in PE25.
The closest station to 7, Point Road, Skegness is Skegness station which is 5.4 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 7, Point Road, Skegness, 52.5% of property is privately rented and 42.5% is privately owned outright.
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 7, Point Road, Skegness, 7.3% of residents are recorded as possessing school level qualifications and 15.0% 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 7, Point Road, Skegness, the average age was 53.5 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 7, Point Road, Skegness, 2.7% 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 7, Point Road, Skegness, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
