2, Wainfleet Road
2, Wainfleet Road
Description & Estimates
2, Wainfleet Road, Skegness is recorded publicly as a period freehold house across 1,057 ft2 of internal area, sitting on a 357 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Wainfleet Road, Skegness is £229,689 and its rental estimate is £1,019 per month, given the available information and assuming reasonable condition.
Wainfleet Road, Burgh Le Marsh, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
Our Data Sources
2, Wainfleet Road, Skegness has 21 entries in the Land Registry , most recently in December 2009 and a single entry in the EPC database dated September 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Wainfleet Road, Skegness, we estimate a market value of £241,173 and a rental value of £1,070 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £213,611 and £947 per month respectively.
Recent Market Change
Over the last year, 2, Wainfleet Road, Skegness has seen its estimated sale value drop by £8,572 (3.7%) and its estimated rental value rise by £30 per month (3.0%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 2, Wainfleet Road, Skegness as measuring 357 m2.
That makes it the 14th largest plot in the postcode, where 16 of the 22 other houses have recorded plot data.
Energy Efficiency
2, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 29 Sep 2009.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
Sold Prices
The most recent sale of 2, Wainfleet Road, Skegness completed on 9th December 2009 at £152,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.1% over the period since December 2009.
- Sold Dec 2009£152,000
- Sold Nov 2005£111,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wainfleet Road, Skegness have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was 26, Elm Crescent, Skegness, PE24 5EG, a leasehold house which sold for £205,000.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 77 addresses on Wainfleet Road, Burgh Le Marsh, Skegness, PE24, 2, Wainfleet Road, Skegness comes out as the 49th largest and the 58th most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the PE24 district.
More reading links
Schools Nearby
- 100mThe St Peter and St Paul C of E Primary School
- 5.7kmGreat Steeping Primary School
- 5.9kmThe Wainfleet Magdalen Church of England/Methodist School
- 6.2kmSkegness Academy
- 6.5kmSkegness Grammar School
- 9.9kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 2, Wainfleet Road, Skegness, the nearest station is Thorpe Culvert, 4.9 kilometres away.
- 4.9kmThorpe Culvert
- 5.6kmHavenhouse
- 6.1kmWainfleet
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 very low, based on Environment Agency data.
