8, Wainfleet Road
8, Wainfleet Road
Description & Estimates
8, Wainfleet Road, Skegness is described in the public record as a period house with 2,970 ft2 of internal area, sitting on a 1,107 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Wainfleet Road, Skegness is £543,624 and its rental estimate is £1,691 per month, given the available information and assuming reasonable condition.
Wainfleet Road, Burgh Le Marsh, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
Our Data Sources
8, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Wainfleet Road, Skegness, we estimate a market value of £570,806 and a rental value of £1,775 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £505,571 and £1,573 per month respectively.
Recent Market Change
Over the last year, 8, Wainfleet Road, Skegness has seen its estimated sale value decrease by £25,364 (4.7%) and its estimated rental value grow by £33 per month (1.9%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 8, Wainfleet Road, Skegness as measuring 1,107 m2.
That makes it the 4th largest plot in the postcode, where 16 of the 22 other houses have recorded plot data.
Energy Efficiency
8, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Wainfleet Road, Skegness have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2022, was 11, Springfields Close, Skegness, PE24 5FR, a freehold house which sold for £550,000.
Read more about house prices in PE24.
- Sold Dec 2022£550,000 | 5 Bed House11, Springfields Close, Skegness, PE24 5FR11, Springfields Close, Skegness, PE24 5FR
- Sold Jan 2021£550,000 | 5 Bed HouseAutumn House, Wainfleet Road, Skegness, PE24 5AHAutumn House, Wainfleet Road, Skegness, PE24 5AH
- Sold Aug 2018£450,000 | 5 Bed House26, Station Road, Skegness, PE24 5EL26, Station Road, Skegness, PE24 5EL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on Wainfleet Road, Burgh Le Marsh, Skegness, PE24, 8, Wainfleet Road, Skegness comes out as the 8th largest and the 4th most expensive in our analysis of the public data.
It is also £335k more expensive than the average property across the PE24 district.
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Schools Nearby
- 100mThe St Peter and St Paul C of E Primary School
- 5.7kmGreat Steeping Primary School
- 5.9kmThe Wainfleet Magdalen Church of England/Methodist School
- 6.2kmSkegness Academy
- 6.5kmSkegness Grammar School
- 9.9kmKing Edward VI Academy
More reading links
Public Transport Nearby
From 8, Wainfleet Road, Skegness, the nearest station is Thorpe Culvert, 4.9 kilometres away.
- 4.9kmThorpe Culvert
- 5.6kmHavenhouse
- 6.1kmWainfleet
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 very low, based on Environment Agency data.
