140A, Drummond Road
140A, Drummond Road
Description & Estimates
According to the public record, 140A, Drummond Road, Skegness is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 140A, Drummond Road, Skegness is £58,208 and the estimated rental value is £387 per month.
The apartment is within 140, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
140A, Drummond Road, Skegness has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated December 2020.
We combine this information with that 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
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 140A, Drummond Road, Skegness is in very good condition we estimate a sale value of £61,118 and a rental value of £406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,133 and a rental value of £360 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 140A, Drummond Road, Skegness has fallen by £967 (1.7%), while its estimated rental value has moved up by £22 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 8.0%.
Energy Efficiency
140A, Drummond Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, radiators.
Sold Prices
According to HM Land Registry, 140A, Drummond Road, Skegness was last sold on 12th August 2016 for £39,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2016, the market for similar properties has risen by 50.8%.
- Sold Aug 2016£39,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 140A, Drummond Road, Skegness within a radius of 680 metres over the last 2 years.
The most recent example is Flat 3, Willcliff, Clifton Grove, Skegness, PE25 3HB, a leasehold flat which sold for £75,000 on the 11th August 2023.
Read more about house prices in PE25.
- Sold Aug 2023£75,000 | 2 Bed FlatWillcliff, Clifton GroveFlat 3, Willcliff, Clifton Grove, Skegness, PE25 3HB
- Sold Dec 2019£58,000 | 2 Bed FlatDrummond Road121, Drummond Road, Skegness, PE25 3ES
- Sold Sep 2015£64,000 | 2 Bed FlatWillcliff, Clifton GroveFlat 1, Willcliff, Clifton Grove, Skegness, PE25 3HB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drummond Road, Skegness, PE25 has a total of 417 addresses. According to our analysis of all the public data, 140A, Drummond Road, Skegness is the 235th largest and the 411th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in PE25.
More reading links
Schools Nearby
- 600mThe Richmond Primary Academy
- 1.5kmSkegness Infant Academy
- 1.5kmSkegness Junior Academy
- 1.6kmSkegness Grammar School
- 1.9kmSkegness Academy
- 17.2kmKing Edward VI Academy
More reading links
Public Transport Nearby
The closest station to 140A, Drummond Road, Skegness is Skegness station, which is 1.0 kilometres away.
- 1.0kmSkegness
- 5.1kmHavenhouse
- 7.8kmWainfleet
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
