48, Lancaster Avenue
48, Lancaster Avenue
Description & Estimates
48, Lancaster Avenue, Skegness is described in the public record as a mid-century apartment with 430 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 48, Lancaster Avenue, Skegness is £77,323 and its rental estimate is £557 per month, given the available information and assuming reasonable condition.
Lancaster Avenue, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
Our Data Sources
48, Lancaster Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 48, Lancaster Avenue, Skegness, we estimate a market value of £81,189 and a rental value of £584 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £71,910 and £518 per month respectively.
Recent Market Change
Over the last year, 48, Lancaster Avenue, Skegness has seen its estimated sale value decline by £1,284 (1.7%) and its estimated rental value climb by £31 per month (5.6%). This results in an estimated gross rental yield of 8.6%.
Energy Efficiency
48, Lancaster Avenue, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 550 metres of 48, Lancaster Avenue, Skegness, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2021, was 230, Lincoln Road, Skegness, PE25 2PB, a freehold house which sold for £165,000.
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 83 addresses on Lancaster Avenue, Skegness, PE25, 48, Lancaster Avenue, Skegness comes out as the 78th largest and the 72nd most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the PE25 district.
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Schools Nearby
- 500mBeacon Primary Academy
- 900mSkegness Infant Academy
- 900mSkegness Junior Academy
- 500mSkegness Academy
- 700mSkegness Grammar School
- 15.2kmJohn Spendluffe Foundation Technology College
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Public Transport Nearby
From 48, Lancaster Avenue, Skegness, the nearest station is Skegness, 1.1 kilometres away.
- 1.1kmSkegness
- 5.2kmHavenhouse
- 7.8kmWainfleet
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.
