23 Magellan Drive

    23, MAGELLAN DRIVE, SPILSBY, PE23 5FB

    This semi-detached freehold property on Magellan Drive last sold in November 2012 for £100,000. Based on price growth in the PE23 district since then, its estimated current value is £158,197 — placing it in the 14th percentile nationally and the 18th percentile within PE23. The property covers 73 m² (786 sq ft), giving an estimated value of £2,167 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £100,000

    Nov 2012

    Estimated Valuation

    £158,197

    Est. £/sq ft

    £201/sq ft

    £2,167/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateFeb 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2012

    £100,000

    10 Nov 2004

    £115,000

    24 Jul 2002

    £72,000

    8 Dec 2000

    New build

    £56,000

    Key Metrics

    Estimated valuation£158,197
    Value per sq ft / m²£201/sq ft (£2,167/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE28 district percentile18th percentile
    National percentile14th percentile

    Other Properties on Magellan Drive

    District Context — SE28

    SE28 covers Thamesmead and surrounding areas in south-east London, positioned on the Thames south of Woolwich. It is a diverse, densely populated district with strong family communities and a significant rental market.

    Average Property Price - SE28

    £348,848

    56

    National percentile

    Average Net Household Income - SE28

    £51,952

    92

    National percentile

    10-Year Annualised Price Growth - SE28

    4.2%

    72

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE28

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