Green Lane, Skegness, PE25
NE

Green Lane, Skegness, PE25

By Newton Fallowell

£ 450,000

Reviews

3 out of 5 stars

Newton Fallowell says ..

NO CHAIN. A Substantial 5 Bedroom residence situated to the south of Skegness in the popular area of Seacroft just a stones throw from the Golf course, beach and only a short distance to Gibraltar Point Nature Reserve.  The accommodation comprises an open Porch, Entrance Hall, Lounge, Con...

Property Oracle says ..

The property is located on Green Lane, Skegness, Lincolnshire. The area benefits from relatively close proximity to several schools, including Skegness Infant Academy and Skegness Junior Academy, both rated ‘Good’ by Ofsted, and Skegness Grammar School, also rated ‘Good’. The Richmond School and The Viking School are also nearby, although their Ofsted ratings are ‘Requires Improvement’. Skegness railway station is approximately 1.41km away, offering a transport link.

Based on the provided images, the property appears to be in good condition. The interior is well-maintained and shows signs of some modernisation, while still retaining traditional features. The kitchen and bathrooms appear clean and functional. There is no visible evidence of significant repairs or renovations being required. The exterior is also well-maintained with a large garden.

The property includes a substantial garden, as shown in the numerous photos. The garden is well-maintained and offers ample outdoor space.

Considering the list price of £450,000, the average house price in the area is £183,693, and the average price per square foot is £228. Without the square footage of the property, a precise price per square foot comparison cannot be made. However, given the property’s apparent good condition, large garden, and proximity to schools and transport, the list price appears to be significantly above the average for the area. Further investigation into the property’s size and specific features would be necessary to determine whether the asking price represents good value. The nearby properties on Green Lane, Norwood Road, and Drake Road all command significantly higher prices, suggesting that the location and type of property are factors contributing to the higher list price.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
5
Condition
8
Location
7
Land
9
Bedrooms
5
Bathrooms
1
Sqft (est)
1,892.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
106,875.00 £
Decreased by 56.21 %
from 244,045.00 £
Est sale value
160,845.50 £
Decreased by 62.39 %
from 427,659.80 £
Average area rental value
993.00 £/mo
Increased by 57.37 %
from 631.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
11.15 %
Increased by 259.68 %
from 3.10 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
The Richmond School, SkegnessCommunity SchoolRequires improvement0.98 KM
Skegness Infant AcademyAcademy ConverterGood1.96 KM
Skegness Junior AcademyAcademy Sponsor LedGood2.05 KM
Skegness Grammar SchoolAcademy ConverterGood2.07 KM
The Viking SchoolOther Independent SchoolRequires improvement2.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Green Lane £ 000.00 KM
Norwood Road £ 414,97500.00 KM
Drake Road £ 600,00000.00 KM
Vine Walk £ 000.00 KM
Beresford Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG1.41 KM
Havenhouse6260HVN7.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
Green Lane, Skegness, PE25 £ 450,000BUY7 / 100.00 KM
Norwood Road, Skegness, PE25 £ 550,000BUY6 / 100.14 KM
Norwood Road, Skegness, PE25 £ 260,000BUY7 / 100.14 KM
Norwood Road, Skegness, PE25 £ 279,950BUY6 / 100.14 KM
Hesketh Crescent, Skegness, PE25 £ 350,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
5 Links Crescent £ 152,0000.07 KM
6 Links Crescent £ 240,0000.07 KM
12 Links Crescent £ 167,5000.07 KM
16 Links Crescent £ 88,0000.07 KM
3 Links Crescent £ 360,0000.07 KM