318, Drummond Road
318, Drummond Road
Description & Estimates
318, Drummond Road, Skegness is recorded publicly as a mid-century freehold house across 2,497 ft2 of internal area, sitting on a 634 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 318, Drummond Road, Skegness is £399,085 and its rental estimate is £1,539 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
318, Drummond Road, Skegness has 3 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated December 2022.
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 318, Drummond Road, Skegness, we estimate a market value of £419,039 and a rental value of £1,616 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £371,149 and £1,431 per month respectively.
Recent Market Change
Over the last year, 318, Drummond Road, Skegness has seen its estimated sale value drop by £21,112 (5.3%) and its estimated rental value rise by £24 per month (1.6%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 318, Drummond Road, Skegness as measuring 634 m2.
That makes it the 6th largest plot in the postcode, where 14 of the 19 other houses have recorded plot data.
Energy Efficiency
318, Drummond Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2022.
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 318, Drummond Road, Skegness completed on 14th November 2024 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 4.4% over the period since November 2024.
- Sold Nov 2024£475,000
- Sold Aug 2021£375,000
- Sold Feb 2021£370,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 318, Drummond Road, Skegness have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2019, was 274, Drummond Road, Skegness, PE25 3AT, a freehold house which sold for £310,000.
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, 318, Drummond Road, Skegness comes out as the 20th largest and the 16th most expensive in our analysis of the public data.
It is also £168k more expensive than the average property across the PE25 district.
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Schools Nearby
- 1.6kmThe Richmond Primary Academy
- 2.6kmSkegness Infant Academy
- 2.7kmSkegness Junior Academy
- 2.7kmSkegness Grammar School
- 2.9kmSkegness Academy
- 17.2kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 318, Drummond Road, Skegness, the nearest station is Skegness, 2.0 kilometres away.
- 2.0kmSkegness
- 4.3kmHavenhouse
- 7.1kmWainfleet
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.
