63, Lumley Avenue
63, Lumley Avenue
Description & Estimates
Public records show 63, Lumley Avenue, Skegness to be an early-century leasehold house with 1,033 ft2 of internal area, sitting on a 253 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
63, Lumley Avenue, Skegness has an estimated sale value of £151,910 and an estimated rental value of £806 per month, assuming reasonable condition and based on the information available.
Lumley Avenue, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
63, Lumley Avenue, Skegness has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated February 2020.
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 63, Lumley Avenue, Skegness would be worth £159,506, with a potential rental value of £847 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £141,277, with a rental value of £750 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 63, Lumley Avenue, Skegness has dropped by £3,481 (2.3%) over the last year. During the same period, its estimated monthly rental value has risen by £42 (5.2%). The property's estimated gross yield is currently 6.4%.
Plot Size
63, Lumley Avenue, Skegness occupies a 253 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 19th largest.
Energy Efficiency
63, Lumley Avenue, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
63, Lumley Avenue, Skegness last changed hands on 16th February 2016, selling for £101,500. 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 43.8% since February 2016.
- Sold Feb 2016£101,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 63, Lumley Avenue, Skegness across the last 2 years.
Most recently, 54, Lumley Avenue, Skegness, PE25 2TH, a freehold house, sold at £172,000 on the 30th August 2019.
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
Our analysis of the public data ranks 63, Lumley Avenue, Skegness as the 28th largest and the 32nd most expensive of the 131 addresses on Lumley Avenue, Skegness, PE25.
Against the PE25 postcode district average, it is £79k less expensive than the typical property.
More reading links
Schools Nearby
- 400mSkegness Junior Academy
- 400mSkegness Infant Academy
- 1.0kmThe Richmond Primary Academy
- 600mSkegness Grammar School
- 900mSkegness Academy
- 16.3kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Skegness station is the nearest stop to 63, Lumley Avenue, Skegness at 700 metres away.
- 700mSkegness
- 5.9kmHavenhouse
- 8.6kmWainfleet
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 medium risk of flooding.
