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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
According to the public record, Three Ways, Skegness is a period house with 1,323 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Three Ways, Skegness is £302,188 and the estimated rental value is £1,166 per month.
The Common, Burgh Le Marsh, Skegness, PE24 is located in the borough of East Lindsey within the PE24 postal district.
Three Ways, Skegness has no records in the the Land Registry and a single entry in the EPC database dated March 2017.
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 Three Ways, Skegness is in very good condition we estimate a sale value of £317,298 and a rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,035 and a rental value of £1,085 per month.
Over the last 12 months the sale value of Three Ways Skegness has decreased by an estimated £14,707 (4.9%) and its rental value has increased by an estimated £21 per month (1.8%), giving an expected gross yield of 4.6%.
Three Ways, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Three Ways, Skegness within a radius of 4.4 kilometres over the last 2 years.
The most recent example is 26, Bishop Tozer Close, Skegness, PE24 5JF, a freehold house which sold for £260,000 on the 29th April 2022.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Common, Burgh Le Marsh, Skegness, PE24 has a total of 15 addresses. According to our analysis of all the public data, Three Ways, Skegness is the 9th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in PE24.
The closest station to Three Ways, Skegness is Thorpe Culvert station which is 5.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Three Ways, Skegness, 29.5% of property is privately owned outright and 24.2% 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 Three Ways, Skegness, 18.6% of residents are recorded as possessing school level qualifications and 20.7% 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 Three Ways, Skegness, the average age was 47.5 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 Three Ways, Skegness, 0.6% 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 Three Ways, Skegness, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
