7, Derby Avenue
7, Derby Avenue
Description & Estimates
7, Derby Avenue, Skegness is recorded publicly as an early-century freehold house across 1,933 ft2 of internal area, sitting on a 237 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Derby Avenue, Skegness is £306,889 and its rental estimate is £1,286 per month, given the available information and assuming reasonable condition.
Derby Avenue, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
Our Data Sources
7, Derby Avenue, Skegness has 31 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated December 2010.
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 7, Derby Avenue, Skegness, we estimate a market value of £322,234 and a rental value of £1,350 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,407 and £1,196 per month respectively.
Recent Market Change
Over the last year, 7, Derby Avenue, Skegness has seen its estimated sale value move down by £16,235 (5.3%) and its estimated rental value increase by £20 per month (1.6%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 7, Derby Avenue, Skegness as measuring 237 m2.
That makes it the 29th largest plot in the postcode, where 31 of the 33 other houses have recorded plot data.
Energy Efficiency
7, Derby Avenue, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2010.
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 7, Derby Avenue, Skegness completed on 26th September 2014 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 70.9% over the period since September 2014.
- Sold Sep 2014£180,000
- Sold May 2007£210,000
- Sold Feb 2002£82,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Derby Avenue, Skegness have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th July 2021, was 2, Derby Avenue, Skegness, PE25 3DH, a freehold house which sold for £280,000.
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 38 addresses on Derby Avenue, Skegness, PE25, 7, Derby Avenue, Skegness comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £76k more expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 900mThe Richmond Primary Academy
- 1.8kmSkegness Infant Academy
- 1.9kmSkegness Junior Academy
- 1.9kmSkegness Grammar School
- 2.2kmSkegness Academy
- 17.3kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 7, Derby Avenue, Skegness, the nearest station is Skegness, 1.3 kilometres away.
- 1.3kmSkegness
- 4.9kmHavenhouse
- 7.7kmWainfleet
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.
