22 Magellan Drive

    22, MAGELLAN DRIVE, SPILSBY, SPILSBY, PE23 5FB

    This terraced freehold property on Magellan Drive last sold in February 2007 for £124,999. Based on price growth in the PE23 district since then, its estimated current value is £174,138 — placing it in the 18th percentile nationally and the 25th percentile within PE23. The property covers 70 m² (753 sq ft), giving an estimated value of £2,488 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £124,999

    Feb 2007

    Estimated Valuation

    £174,138

    Est. £/sq ft

    £231/sq ft

    £2,488/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area753 sq ft (70 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2007

    £124,999

    28 Feb 2002

    £67,950

    Key Metrics

    Estimated valuation£174,138
    Value per sq ft / m²£231/sq ft (£2,488/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile25th percentile
    National percentile18th 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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