204B, Drummond Road
204B, Drummond Road
Description & Estimates
According to the public record, 204B, Drummond Road, Skegness is a period Leasehold apartment with 700 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 204B, Drummond Road, Skegness is £114,574 and the estimated rental value is £675 per month.
The apartment is within 204, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
204B, Drummond Road, Skegness has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated November 2014.
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 204B, Drummond Road, Skegness is in very good condition we estimate a sale value of £120,302 and a rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,553 and a rental value of £628 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 204B, Drummond Road, Skegness has fallen by £1,191 (1.0%), while its estimated rental value has moved up by £42 per month (6.3%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
204B, Drummond Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 204B, Drummond Road, Skegness was last sold on 10th July 2017 for £107,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen by 1.3%.
- Sold Jul 2017£107,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 204B, Drummond Road, Skegness within a radius of 850 metres over the last 2 years.
The most recent example is 1 Links Court, Laythorpe Avenue, Skegness, PE25 3BX, a leasehold flat which sold for £118,000 on the 13th December 2023.
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
Drummond Road, Skegness, PE25 has a total of 417 addresses. According to our analysis of all the public data, 204B, Drummond Road, Skegness is the 216th largest and the 209th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in PE25.
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Schools Nearby
- 800mThe Richmond Primary Academy
- 1.7kmSkegness Infant Academy
- 1.8kmSkegness Junior Academy
- 1.8kmSkegness Grammar School
- 2.1kmSkegness Academy
- 17.1kmKing Edward VI Academy
More reading links
Public Transport Nearby
The closest station to 204B, Drummond Road, Skegness is Skegness station, which is 1.2 kilometres away.
- 1.2kmSkegness
- 4.8kmHavenhouse
- 7.6kmWainfleet
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.
