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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Richmond Road, Cleethorpes is £102,915 and the estimated rental value is £731 per month.
Richmond Road, Cleethorpes, DN35 is located within the DN35 postal district.
31, Richmond Road, Cleethorpes has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated May 2024.
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.
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 31, Richmond Road, Cleethorpes is in very good condition we estimate a sale value of £108,061 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,711 and a rental value of £680 per month.
Over the last 12 months the sale value of 31 Richmond Road Cleethorpes has decreased by an estimated £1,863 (1.8%) and its rental value has increased by an estimated £36 per month (5.0%), giving an expected gross yield of 8.5%.
31, Richmond Road, Cleethorpes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 31, Richmond Road, Cleethorpes was last sold on 24th October 2024 for £99,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Richmond Road, Cleethorpes within a radius of 430 metres over the last 2 years.
The most recent example is 3, Richmond Road, Cleethorpes, DN35 8PD, a leasehold flat which sold for £110,000 on the 19th August 2024.
Read more about house prices in DN35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Cleethorpes, DN35 has a total of 64 addresses. According to our analysis of all the public data, 31, Richmond Road, Cleethorpes is the 47th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in DN35.
The closest station to 31, Richmond Road, Cleethorpes is Cleethorpes station which is 900 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 31, Richmond Road, Cleethorpes, 36.4% of property is privately rented and 27.3% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber 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 31, Richmond Road, Cleethorpes, 17.8% of residents are recorded as possessing school level qualifications and 27.1% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 31, Richmond Road, Cleethorpes, the average age was 43.1 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber 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 31, Richmond Road, Cleethorpes, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 31, Richmond Road, Cleethorpes, there are an average of 0.8 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.