79, Richmond Drive
79, Richmond Drive
Description & Estimates
Public records show 79, Richmond Drive, Skegness to be a modern freehold house with 785 ft2 of internal area, sitting on a 296 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
79, Richmond Drive, Skegness has an estimated sale value of £183,864 and an estimated rental value of £942 per month, assuming reasonable condition and based on the information available.
Richmond Drive, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
79, Richmond Drive, Skegness has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated February 2024.
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 79, Richmond Drive, Skegness would be worth £193,057, with a potential rental value of £989 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £170,994, with a rental value of £876 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 79, Richmond Drive, Skegness has decreased by £4,213 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (5.2%). The property's estimated gross yield is currently 6.2%.
Plot Size
79, Richmond Drive, Skegness occupies a 296 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
79, Richmond Drive, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
79, Richmond Drive, Skegness last changed hands on 4th April 2024, selling for £187,500. 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 dropped by 9.9% since April 2024.
- Sold Apr 2024£187,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 79, Richmond Drive, Skegness across the last 2 years.
Most recently, 4, Royal Arthur Close, Skegness, PE25 3PD, a freehold house, sold at £185,000 on the 11th October 2024.
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 79, Richmond Drive, Skegness as the 78th largest and the 76th most expensive of the 109 addresses on Richmond Drive, Skegness, PE25.
Against the PE25 postcode district average, it is £47k less expensive than the typical property.
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Schools Nearby
- 400mThe Richmond Primary Academy
- 1.4kmSkegness Infant Academy
- 1.5kmSkegness Junior Academy
- 1.5kmSkegness Grammar School
- 1.7kmSkegness Academy
- 16.6kmKing Edward VI Academy
More reading links
Public Transport Nearby
Skegness station is the nearest stop to 79, Richmond Drive, Skegness at 800 metres away.
- 800mSkegness
- 4.6kmHavenhouse
- 7.3kmWainfleet
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 low risk of flooding.
