6A, Franklin Avenue
6A, Franklin Avenue
Description & Estimates
Public records show 6A, Franklin Avenue, Skegness to be a period leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
6A, Franklin Avenue, Skegness has an estimated sale value of £85,573 and an estimated rental value of £592 per month, assuming reasonable condition and based on the information available.
The apartment sits within 6, Franklin Avenue, Skegness, PE25.
Franklin Avenue, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
6A, Franklin Avenue, Skegness has 31 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 6A, Franklin Avenue, Skegness would be worth £89,851, with a potential rental value of £622 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £79,583, with a rental value of £551 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 6A, Franklin Avenue, Skegness has declined by £1,421 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (5.6%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
6A, Franklin Avenue, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
6A, Franklin Avenue, Skegness last changed hands on 20th December 2024, selling for £80,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 23.8% since December 2024.
- Sold Dec 2024£80,000
- Sold Mar 2005£69,000
- Sold Nov 2002£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of 6A, Franklin Avenue, Skegness across the last 2 years.
Most recently, Flat 6, 43, Beresford Avenue, Skegness, PE25 3JG, a leasehold flat, sold at £39,950 on the 6th October 2023.
Read more about house prices in PE25.
- Sold Oct 2023£39,950 | 2 Bed FlatFlat 6, 43, Beresford Avenue, Skegness, PE25 3JGFlat 6, 43, Beresford Avenue, Skegness, PE25 3JG
- Sold Jul 2021£110,000 | 2 Bed FlatFlat 7, 42, South Parade, Skegness, PE25 3HWFlat 7, 42, South Parade, Skegness, PE25 3HW
- Sold Nov 2016£67,500 | 2 Bed FlatFlat 5, 42, South Parade, Skegness, PE25 3HWFlat 5, 42, South Parade, Skegness, PE25 3HW
•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 6A, Franklin Avenue, Skegness as the 15th largest and the 15th most expensive of the 15 addresses on Franklin Avenue, Skegness, PE25.
Against the PE25 postcode district average, it is £145k less expensive than the typical property.
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Schools Nearby
- 800mThe Richmond Primary Academy
- 1.6kmSkegness Infant Academy
- 1.7kmSkegness Junior Academy
- 1.7kmSkegness Grammar School
- 2.0kmSkegness Academy
- 17.3kmKing Edward VI Academy
More reading links
Public Transport Nearby
Skegness station is the nearest stop to 6A, Franklin Avenue, Skegness at 1.1 kilometres away.
- 1.1kmSkegness
- 5.1kmHavenhouse
- 7.8kmWainfleet
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 very low risk of flooding.
