292, Drummond Road
292, Drummond Road
Description & Estimates
292, Drummond Road, Skegness is recorded publicly as a period freehold house across 1,711 ft2 of internal area, sitting on a 730 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 292, Drummond Road, Skegness is £335,171 and its rental estimate is £1,214 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
292, Drummond Road, Skegness has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 292, Drummond Road, Skegness, we estimate a market value of £351,929 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 £311,709 and £1,129 per month respectively.
Recent Market Change
Over the last year, 292, Drummond Road, Skegness has seen its estimated sale value fall by £15,027 (4.5%) and its estimated rental value move up by £31 per month (2.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 292, Drummond Road, Skegness as measuring 730 m2.
That makes it the 7th largest plot in the postcode, where 16 of the 21 other houses have recorded plot data.
Energy Efficiency
292, Drummond Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jan 2017.
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 292, Drummond Road, Skegness completed on 11th August 2017 at £385,000 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 6.0% over the period since August 2017.
- Sold Aug 2017£385,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 292, Drummond Road, Skegness have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 298, Drummond Road, Skegness, PE25 3AT, a freehold house which sold for £390,000.
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, 292, Drummond Road, Skegness comes out as the 60th largest and the 47th most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 1.3kmThe Richmond Primary Academy
- 2.3kmSkegness Infant Academy
- 2.4kmSkegness Junior Academy
- 2.4kmSkegness Grammar School
- 2.6kmSkegness Academy
- 17.1kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 292, Drummond Road, Skegness, the nearest station is Skegness, 1.7 kilometres away.
- 1.7kmSkegness
- 4.5kmHavenhouse
- 7.2kmWainfleet
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.
