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According to the public record, Nirvana, Skegness is a modern house with 1,237 ft2 of internal area and sits on a 828 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 Nirvana, Skegness is £246,038 and the estimated rental value is £1,092 per month.
Merrifield Road, Wainfleet, Skegness, PE24 is located in the borough of East Lindsey within the PE24 postal district.
Nirvana, Skegness has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Nirvana, Skegness is in very good condition we estimate a sale value of £258,339 and a rental value of £1,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,815 and a rental value of £1,016 per month.
Over the last 12 months the sale value of Nirvana Skegness has decreased by an estimated £9,182 (3.7%) and its rental value has increased by an estimated £32 per month (3.0%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, Nirvana, Skegness sits on a plot of 828m2.
We have plot size data on 14 out of 20 other houses in the postcode and Nirvana, Skegness sits on the 2nd largest plot.
Nirvana, Skegness has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Nirvana, Skegness within a radius of 4.6 kilometres over the last 2 years.
The most recent example is 29, Hastings Drive, Skegness, PE24 4PX, a freehold house which sold for £220,000 on the 14th July 2023.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrifield Road, Wainfleet, Skegness, PE24 has a total of 20 addresses. According to our analysis of all the public data, Nirvana, Skegness is the 11th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in PE24.
The closest station to Nirvana, Skegness is Wainfleet station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Nirvana, 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 Nirvana, 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 Nirvana, 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 Nirvana, 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 Nirvana, 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.