118, Drummond Road
118, Drummond Road
Description & Estimates
118, Drummond Road, Skegness is recorded publicly as a period freehold house across 2,637 ft2 of internal area, sitting on a 324 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 118, Drummond Road, Skegness is £256,735 and its rental estimate is £1,213 per month, given the available information and assuming reasonable condition.
Drummond Road, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
Our Data Sources
118, Drummond Road, Skegness has 31 entries in the Land Registry , most recently in March 2007 and a single entry in the EPC database dated May 2021.
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.
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 118, Drummond Road, Skegness, we estimate a market value of £269,571 and a rental value of £1,274 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,763 and £1,129 per month respectively.
Recent Market Change
Over the last year, 118, Drummond Road, Skegness has seen its estimated sale value drop by £13,582 (5.3%) and its estimated rental value rise by £19 per month (1.6%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 118, Drummond Road, Skegness as measuring 324 m2.
That makes it the 7th largest plot in the postcode, where 4 of the 6 other houses have recorded plot data.
Energy Efficiency
118, Drummond Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 118, Drummond Road, Skegness completed on 14th March 2007 at £220,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 76.6% over the period since March 2007.
- Sold Mar 2007£220,000
- Sold Sep 2004£210,000
- Sold May 1996£59,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 118, Drummond Road, Skegness have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2013, was 12, Trafalgar Avenue, Skegness, PE25 3EU, a freehold house which sold for £205,000.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 417 addresses on Drummond Road, Skegness, PE25, 118, Drummond Road, Skegness comes out as the 13th largest and the 95th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 600mThe Richmond Primary Academy
- 1.3kmSkegness Infant Academy
- 1.4kmSkegness Junior Academy
- 1.5kmSkegness Grammar School
- 1.8kmSkegness Academy
- 17.2kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From 118, Drummond Road, Skegness, the nearest station is Skegness, 900 metres away.
- 900mSkegness
- 5.2kmHavenhouse
- 8.0kmWainfleet
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
