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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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7, Simpson Close, Skegness is described in the public record as a modern house with 505 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Simpson Close, Skegness is £95,625 and its rental estimate is £544 per month, given the available information and assuming reasonable condition.
Simpson Close, Chapel St. Leonards, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
7, Simpson Close, Skegness has no records in the the Land Registry and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Simpson Close, Skegness, we estimate a market value of £100,406 and a rental value of £572 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £88,931 and £506 per month respectively.
Over the last year, 7, Simpson Close, Skegness has seen its estimated sale value move down by £2,392 (2.5%) and its estimated rental value increase by £24 per month (4.3%). This results in an estimated gross rental yield of 6.8%.
7, Simpson Close, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Over the past 2 years 3 properties similar to 7, Simpson Close, Skegness have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th May 2021, was 38, Simpson Close, Skegness, PE24 5JU, a leasehold house which sold for £74,000.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Simpson Close, Chapel St. Leonards, Skegness, PE24, 7, Simpson Close, Skegness comes out as the 43rd largest and the 42nd most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the PE24 district.
From 7, Simpson Close, Skegness, the nearest station is Skegness, 8.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Simpson Close, Skegness, 44.1% of property is privately owned outright and 18.3% is socially 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 7, Simpson Close, Skegness, 12.3% of residents are recorded as possessing school level qualifications and 10.4% 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, Simpson Close, 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, Simpson Close, Skegness, 1.3% 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, Simpson 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.
