Average Price for property in Skegness is around £153,204 which varies based on type of property you are interested in and ranges from £176,122 for detached house to around £133,682 for semi-detached. Similarly terraced house is around £118,877 and a flat is worth £88,078. Values have been changing and have risen £2,719 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,240 in last 6 months, £11,408 in last 1 year, £18,610 in last 2 years, £19,166 in last 3 years, £17,671 in last 4 years and £15,930 in last 5 years.
Currently average asking price of a property in Skegness is around £183,351 based on approximately 431 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £454 per month.
Estimated property value in Skegness is £153,204. Average asking price is £183,351 while average price paid is £135,399 which is up by £11,408 and Avg. asking rent £454.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Skegness area. In last 1 year alone average price buyer paid is around £135,399 based on approximately 431 sales in Skegness area alone. If you compare it to last 3 years sales of 1,209 properties where buyers paid around £130,847. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £130,222 for 1,961 and average amount paid for purchase of approx. 2,769 properties sold in last 7 years comes to about £130,372 per sale.