7 Magellan Drive

    7, MAGELLAN DRIVE, SPILSBY, SPILSBY, PE23 5FB

    This detached freehold property on Magellan Drive last sold in October 2006 for £135,000. Based on price growth in the PE23 district since then, its estimated current value is £221,509 — placing it in the 30th percentile nationally and the 42nd percentile within PE23. The property covers 72 m² (775 sq ft), giving an estimated value of £3,077 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £135,000

    Oct 2006

    Estimated Valuation

    £221,509

    Est. £/sq ft

    £286/sq ft

    £3,077/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Oct 2006

    £135,000

    17 Nov 2000

    New build

    £62,000

    Key Metrics

    Estimated valuation£221,509
    Value per sq ft / m²£286/sq ft (£3,077/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile42nd percentile
    National percentile30th 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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