92, Richmond Drive
92, Richmond Drive
Description & Estimates
92, Richmond Drive, Skegness appears in the public record as a freehold house sitting on a 322 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,142 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 92, Richmond Drive, Skegness is £223,260 and its rental estimate is £1,051 per month, given the available information and assuming reasonable condition.
Richmond Drive, Skegness, PE25 falls within the PE25 postal district, in the borough of East Lindsey.
Our Data Sources
92, Richmond Drive, Skegness has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 92, Richmond Drive, Skegness, we estimate a market value of £234,423 and a rental value of £1,103 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,632 and £977 per month respectively.
Recent Market Change
Over the last year, 92, Richmond Drive, Skegness has seen its estimated sale value move down by £5,116 (2.3%) and its estimated rental value increase by £54 per month (5.2%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 92, Richmond Drive, Skegness as measuring 322 m2.
That makes it the 9th largest plot in the postcode, where 20 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 92, Richmond Drive, Skegness completed on 8th February 2007 at £150,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.7% over the period since February 2007.
- Sold Feb 2007£150,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 92, Richmond Drive, Skegness have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 4, Regents Close, Skegness, PE25 3QG, a freehold house which sold for £225,000.
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 109 addresses on Richmond Drive, Skegness, PE25, 92, Richmond Drive, Skegness comes out as the 16th largest and the 19th most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the PE25 district.
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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
From 92, Richmond Drive, Skegness, the nearest station is Skegness, 800 metres away.
- 800mSkegness
- 4.6kmHavenhouse
- 7.3kmWainfleet
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.
