127B, Drummond Road
127B, Drummond Road
Description & Estimates
127B, Drummond Road, Skegness is described in the public record as a period apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 127B, Drummond Road, Skegness is £79,500 and its rental estimate is £563 per month, given the available information and assuming reasonable condition.
127, Drummond Road is a residential building on Drummond Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
127B, Drummond Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated November 2015.
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 127B, Drummond Road, Skegness, we estimate a market value of £83,475 and a rental value of £591 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,935 and £524 per month respectively.
Recent Market Change
Over the last year, 127B, Drummond Road, Skegness has seen its estimated sale value decrease by £1,321 (1.7%) and its estimated rental value grow by £32 per month (5.6%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
127B, Drummond Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 127B, Drummond Road, Skegness have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 6A, Franklin Avenue, Skegness, PE25 3DP, a leasehold flat which sold for £80,000.
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 417 addresses on Drummond Road, Skegness, PE25, 127B, Drummond Road, Skegness comes out as the 302nd largest and the 335th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the PE25 district.
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Schools Nearby
- 700mThe Richmond Primary Academy
- 1.5kmSkegness Infant Academy
- 1.6kmSkegness Junior Academy
- 1.7kmSkegness Grammar School
- 2.0kmSkegness Academy
- 17.2kmKing Edward VI Academy
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Public Transport Nearby
From 127B, Drummond Road, Skegness, the nearest station is Skegness, 1.0 kilometres away.
- 1.0kmSkegness
- 5.0kmHavenhouse
- 7.8kmWainfleet
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.
