Our Data Sources
1, Melbourne Drive, Skegness has 41 entries in the Land Registry, most recently in April 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Melbourne Drive, Skegness, we estimate a market value of £117,586 and a rental value of £587 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £104,147 and £520 per month respectively.
Plot Size
HM Land Registry records the plot of land for 1, Melbourne Drive, Skegness as measuring 232 m2.
That makes it the 10th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
1, Melbourne Drive, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 1, Melbourne Drive, Skegness completed on 2nd April 2019 at £120,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 12.4% over the period since April 2019.
- Sold Apr 2019£120,000
- Sold Sep 2001£58,950
- Sold Sep 2000£42,995
Similar Properties Sold Nearby
Since 2008 4 properties similar to 1, Melbourne Drive, Skegness have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th March 2021, was 5, Melbourne Drive, Skegness, PE25 2HZ, a freehold house which sold for £112,000.
Read more about house prices in PE25.
- Sold Mar 2021£112,000 | 2 Bed House5, Melbourne Drive, Skegness, PE25 2HZ5, Melbourne Drive, Skegness, PE25 2HZ
- Sold May 2010£106,000 | 2 Bed House21, Revesby Drive, Skegness, PE25 2HT21, Revesby Drive, Skegness, PE25 2HT
- Sold Aug 2008£56,000 | 2 Bed House8, Elder Close, Skegness, PE25 2JW8, Elder Close, Skegness, PE25 2JW
- Sold Jun 2008£47,250 | 2 Bed House34, Hudson Way, Skegness, PE25 2JL34, Hudson Way, Skegness, PE25 2JL
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £190,611, ranging from £107,484 to £278,728.
- 5 Melbourne Drive
2 Bed House | 19 m | Est. Value: £107,484
- 16 Revesby Drive
3 Bed House | 23 m | Est. Value: £197,476
- 18 Revesby Drive
2 Bed House | 29 m | Est. Value: £165,416
- 10 Melbourne Drive
2 Bed House | 38 m | Est. Value: £144,853
- 4 Melbourne Drive
2 Bed House | 38 m | Est. Value: £179,268
Location Comparison
Of the 12 addresses on Melbourne Drive, Skegness, PE25, 1, Melbourne Drive, Skegness comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- Beacon Primary Academy800 m away
- Skegness Infant Academy1.0 km away
- Skegness Junior Academy1.1 km away
- Skegness Academy700 m away
- Skegness Grammar School900 m away
- John Spendluffe Foundation Technology College15.3 km away
More reading links
Public Transport Nearby
- Skegness|1.1 km away
- Havenhouse|5.0 km away
- Wainfleet|7.5 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Low, based on Environment Agency data.
