16 Magellan Drive

    16, MAGELLAN DRIVE, SPILSBY, PE23 5FB

    This terraced freehold property on Magellan Drive last sold in November 2019 for £173,000. Based on price growth in the PE23 district since then, its estimated current value is £215,986 — placing it in the 29th percentile nationally and the 41st percentile within PE23. The property covers 123 m² (1,324 sq ft), giving an estimated value of £1,756 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £173,000

    Nov 2019

    Estimated Valuation

    £215,986

    Est. £/sq ft

    £163/sq ft

    £1,756/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2019

    £173,000

    26 Apr 2002

    £65,000

    Key Metrics

    Estimated valuation£215,986
    Value per sq ft / m²£163/sq ft (£1,756/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile41st percentile
    National percentile29th percentile

    District Context — PE23

    PE23 covers the area around Hunstanton and surrounding villages on the north Norfolk coast. It is a predominantly rural and coastal district with a long-established character centred on leisure and retirement.

    Average Property Price - PE23

    £276,895

    35

    National percentile

    Average Net Household Income - PE23

    £33,140

    20

    National percentile

    10-Year Annualised Price Growth - PE23

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE23

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