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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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According to the public record, 3, Cavendish Road, Skegness is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 908 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Cavendish Road, Skegness is £81,433 and the estimated rental value is £506 per month.
The apartment is within 3, Cavendish Road, Skegness, PE25.
Cavendish Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
3, Cavendish Road, Skegness has 31 entries in the Land Registry , most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Cavendish Road, Skegness is in very good condition we estimate a sale value of £85,505 and a rental value of £531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,733 and a rental value of £471 per month.
Over the last 12 months the sale value of 3 Cavendish Road Skegness has decreased by an estimated £1,482 (1.8%) and its rental value has increased by an estimated £28 per month (5.5%), giving an expected gross yield of 7.5%.
According to HM Land Registry, 3, Cavendish Road, Skegness was last sold on 23rd May 2008 for £100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2008, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cavendish Road, Skegness within a radius of 510 metres over the last 2 years.
The most recent example is 38, Lumley Avenue, Skegness, PE25 2TH, a leasehold flat which sold for £80,000 on the 15th November 2022.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Road, Skegness, PE25 has a total of 76 addresses. According to our analysis of all the public data, 3, Cavendish Road, Skegness is the 51st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in PE25.
The closest station to 3, Cavendish Road, Skegness is Skegness station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Cavendish Road, Skegness, 43.9% of property is privately rented and 32.5% 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 3, Cavendish Road, Skegness, 20.7% of residents are recorded as possessing school level qualifications and 13.8% 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 3, Cavendish Road, Skegness, the average age was 46.8 and the most common age was 72.
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 3, Cavendish Road, Skegness, 0.0% 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 3, Cavendish Road, Skegness, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
