140B, Drummond Road
140B, Drummond Road
Description & Estimates
Public records show 140B, Drummond Road, Skegness to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
140B, Drummond Road, Skegness has an estimated sale value of £53,103 and an estimated rental value of £370 per month, assuming reasonable condition and based on the information available.
The apartment sits within 140, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
140B, Drummond Road, Skegness has a single entry in the Land Registry from June 2015 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
In very good condition, we estimate 140B, Drummond Road, Skegness would be worth £55,758, with a potential rental value of £389 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £49,386, with a rental value of £344 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 140B, Drummond Road, Skegness has moved down by £882 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (5.6%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
140B, 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
140B, Drummond Road, Skegness last changed hands on 30th June 2015, selling for £48,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.5% since June 2015.
- Sold Jun 2015£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 680 metres of 140B, Drummond Road, Skegness across the last 2 years.
Most recently, Flat 2, Willcliff, Clifton Grove, Skegness, PE25 3HB, a leasehold flat, sold at £63,950 on the 4th October 2022.
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
Our analysis of the public data ranks 140B, Drummond Road, Skegness as the 283rd largest and the 417th most expensive of the 417 addresses on Drummond Road, Skegness, PE25.
Against the PE25 postcode district average, it is £178k less expensive than the typical property.
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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
Skegness station is the nearest stop to 140B, Drummond Road, Skegness at 1.0 kilometres away.
- 1.0kmSkegness
- 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 low risk of flooding.
