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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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21, Lumley Crescent, Skegness is recorded publicly as a mid-century freehold house across 1,506 ft2 of internal area, sitting on a 492 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 21, Lumley Crescent, Skegness is £269,831 and its rental estimate is £1,150 per month, given the available information and assuming reasonable condition.
Lumley Crescent, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
21, Lumley Crescent, Skegness has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated March 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.
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 21, Lumley Crescent, Skegness, we estimate a market value of £283,323 and a rental value of £1,208 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,943 and £1,070 per month respectively.
Over the last year, 21, Lumley Crescent, Skegness has seen its estimated sale value fall by £12,097 (4.5%) and its estimated rental value move up by £30 per month (2.6%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 21, Lumley Crescent, Skegness as measuring 492 m2.
That makes it the 7th largest plot in the postcode, where 49 of the 55 other houses have recorded plot data.
21, Lumley Crescent, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 21, Lumley Crescent, Skegness completed on 29th November 2021 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.6% over the period since November 2021.
Over the past 2 years 3 properties similar to 21, Lumley Crescent, Skegness have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was 5, Lumley Crescent, Skegness, PE25 2TL, a freehold house which sold for £315,000.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Lumley Crescent, Skegness, PE25, 21, Lumley Crescent, Skegness comes out as the 6th largest and the 11th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the PE25 district.
From 21, Lumley Crescent, Skegness, the nearest station is Skegness, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Lumley Crescent, Skegness, 39.0% of property is privately rented and 38.4% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 21, Lumley Crescent, Skegness, 14.1% of residents are recorded as possessing school level qualifications and 15.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 21, Lumley Crescent, Skegness, the average age was 43.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 21, Lumley Crescent, Skegness, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 21, Lumley Crescent, Skegness, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
