53, Wainfleet Road
53, Wainfleet Road
Description & Estimates
53, Wainfleet Road, Skegness appears in the public record as a freehold house sitting on a 247 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,289 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 53, Wainfleet Road, Skegness is £209,498 and its rental estimate is £1,042 per month, given the available information and assuming reasonable condition.
Wainfleet Road, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
Our Data Sources
53, Wainfleet Road, Skegness has 31 entries in the Land Registry , most recently in May 2007 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 5 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 53, Wainfleet Road, Skegness, we estimate a market value of £219,973 and a rental value of £1,094 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,833 and £969 per month respectively.
Recent Market Change
Over the last year, 53, Wainfleet Road, Skegness has seen its estimated sale value drop by £9,392 (4.5%) and its estimated rental value rise by £27 per month (2.6%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 53, Wainfleet Road, Skegness as measuring 247 m2.
That makes it the 13th largest plot in the postcode, where 14 of the 21 other houses have recorded plot data.
Sold Prices
The most recent sale of 53, Wainfleet Road, Skegness completed on 24th May 2007 at £157,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 93.0% over the period since May 2007.
- Sold May 2007£157,500
- Sold Jun 2005£132,000
- Sold Sep 1998£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Wainfleet Road, Skegness have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2023, was 51, Wainfleet Road, Skegness, PE25 3RQ, a freehold house which sold for £235,000.
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 176 addresses on Wainfleet Road, Skegness, PE25, 53, Wainfleet Road, Skegness comes out as the 38th largest and the 27th most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 700mSkegness Infant Academy
- 700mThe Richmond Primary Academy
- 800mSkegness Junior Academy
- 600mSkegness Grammar School
- 800mSkegness Academy
- 16.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From 53, Wainfleet Road, Skegness, the nearest station is Skegness, 400 metres away.
- 400mSkegness
- 5.0kmHavenhouse
- 7.6kmWainfleet
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.
