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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8 Summerfields, Cleethorpes is £101,001 and the estimated rental value is £730 per month.
The apartment is within Summerfields, Kings Road, Cleethorpes, DN35.
Kings Road, Cleethorpes, DN35 is located within the DN35 postal district.
8 Summerfields, Cleethorpes has 2 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated July 2018.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8 Summerfields, Cleethorpes is in very good condition we estimate a sale value of £106,051 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,931 and a rental value of £679 per month.
Over the last 12 months the sale value of 8 Summerfields Cleethorpes has decreased by an estimated £2,311 (2.3%) and its rental value has increased by an estimated £22 per month (3.0%), giving an expected gross yield of 8.7%.
8 Summerfields, Cleethorpes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 8 Summerfields, Cleethorpes was last sold on 15th February 2019 for £94,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2019, the market for similar properties has dropped 25.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8 Summerfields, Cleethorpes within a radius of 750 metres over the last 2 years.
The most recent example is 21 Summerfields, Kings Road, Cleethorpes, DN35 0AF, a leasehold flat which sold for £95,000 on the 13th October 2017.
Read more about house prices in DN35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Cleethorpes, DN35 has a total of 40 addresses. According to our analysis of all the public data, 8 Summerfields, Cleethorpes is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in DN35.
The closest station to 8 Summerfields, Cleethorpes is Cleethorpes station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8 Summerfields, Cleethorpes, % of property is and % is .
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8 Summerfields, Cleethorpes, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8 Summerfields, Cleethorpes, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8 Summerfields, Cleethorpes, there are an average of 0.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.