Flat 2 The Towers Park Avenue

    FLAT 2 THE TOWERS, PARK AVENUE, SKEGNESS, PE25 1BL

    This flat/maisonette leasehold property on Park Avenue last sold in August 2021 for £92,000. Based on price growth in the PE25 district since then, its estimated current value is £104,292 — placing it in the 4th percentile nationally and the 11th percentile within PE25. The property covers 60 m² (646 sq ft), giving an estimated value of £1,738 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £92,000

    Aug 2021

    Estimated Valuation

    £104,292

    Est. £/sq ft

    £161/sq ft

    £1,738/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2021

    £92,000

    14 Feb 2008

    £85,000

    31 Jan 2003

    £63,500

    Key Metrics

    Estimated valuation£104,292
    Value per sq ft / m²£161/sq ft (£1,738/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE25 district percentile11th percentile
    National percentile4th percentile

    District Context — PE25

    PE25 covers parts of south Lincolnshire, including areas around Spalding and the surrounding fens. It is a rural district with a strong agricultural and market-town character.

    Average Property Price - PE25

    £195,176

    11

    National percentile

    Average Net Household Income - PE25

    £25,619

    3

    National percentile

    10-Year Annualised Price Growth - PE25

    3.5%

    49

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE25

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