3 Magellan Drive

    3, MAGELLAN DRIVE, SPILSBY, SPILSBY, PE23 5FB

    This detached freehold property on Magellan Drive last sold in September 2002 for £75,000. Based on price growth in the PE23 district since then, its estimated current value is £186,013 — placing it in the 21st percentile nationally and the 30th percentile within PE23. The property covers 68 m² (732 sq ft), giving an estimated value of £2,735 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £75,000

    Sept 2002

    Estimated Valuation

    £186,013

    Est. £/sq ft

    £254/sq ft

    £2,735/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Sept 2002

    New build

    £75,000

    Key Metrics

    Estimated valuation£186,013
    Value per sq ft / m²£254/sq ft (£2,735/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile30th percentile
    National percentile21st 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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