3, Richmond Drive
3, Richmond Drive
Description & Estimates
Public records show 3, Richmond Drive, Skegness to be a mid-century freehold house with 1,140 ft2 of internal area, sitting on a 248 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Richmond Drive, Skegness has an estimated sale value of £233,516 and an estimated rental value of £1,043 per month, assuming reasonable condition and based on the information available.
Richmond Drive, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
3, Richmond Drive, Skegness has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated January 2014.
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
In very good condition, we estimate 3, Richmond Drive, Skegness would be worth £245,192, with a potential rental value of £1,095 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £217,170, with a rental value of £970 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Richmond Drive, Skegness has fallen by £5,351 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £54 (5.2%). The property's estimated gross yield is currently 5.4%.
Plot Size
3, Richmond Drive, Skegness occupies a 248 m2 plot as recorded by HM Land Registry.
Of the 55 other houses in this postcode, 40 have recorded plot sizes, and this one ranks as the 31st largest.
Energy Efficiency
3, Richmond Drive, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Richmond Drive, Skegness last changed hands on 17th April 2014, selling for £133,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.4% since April 2014.
- Sold Apr 2014£133,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 3, Richmond Drive, Skegness across the last 2 years.
Most recently, 88, Beresford Avenue, Skegness, PE25 3JL, a freehold house, sold at £215,000 on the 13th May 2024.
Read more about house prices in PE25.
- Sold May 2024£215,000 | 3 Bed House88, Beresford Avenue, Skegness, PE25 3JL88, Beresford Avenue, Skegness, PE25 3JL
- Sold Sep 2018£144,000 | 3 Bed House20, Richmond Drive, Skegness, PE25 3PQ20, Richmond Drive, Skegness, PE25 3PQ
- Sold Oct 2016£120,000 | 3 Bed House22, Richmond Drive, Skegness, PE25 3PQ22, Richmond Drive, Skegness, PE25 3PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Richmond Drive, Skegness as the 17th largest and the 11th most expensive of the 109 addresses on Richmond Drive, Skegness, PE25.
Against the PE25 postcode district average, it is £2k more expensive than the typical property.
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Schools Nearby
- 100mThe Richmond Primary Academy
- 1.0kmSkegness Infant Academy
- 1.1kmSkegness Junior Academy
- 1.1kmSkegness Grammar School
- 1.4kmSkegness Academy
- 16.6kmKing Edward VI Academy
More reading links
Public Transport Nearby
Skegness station is the nearest stop to 3, Richmond Drive, Skegness at 500 metres away.
- 500mSkegness
- 4.8kmHavenhouse
- 7.6kmWainfleet
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
