28 Magellan Drive

    28, MAGELLAN DRIVE, SPILSBY, PE23 5FB

    This semi-detached freehold property on Magellan Drive last sold in November 2015 for £120,000. Based on price growth in the PE23 district since then, its estimated current value is £180,509 — placing it in the 20th percentile nationally and the 28th percentile within PE23. The property covers 67 m² (721 sq ft), giving an estimated value of £2,694 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £120,000

    Nov 2015

    Estimated Valuation

    £180,509

    Est. £/sq ft

    £250/sq ft

    £2,694/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2015

    £120,000

    25 Apr 2013

    £116,000

    18 Apr 2007

    £131,500

    12 Apr 2002

    £67,950

    Key Metrics

    Estimated valuation£180,509
    Value per sq ft / m²£250/sq ft (£2,694/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile28th percentile
    National percentile20th 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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