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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 1, 193, Drummond Road, Skegness to be a period Leasehold apartment with 1,130 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 193, Drummond Road, Skegness has an estimated sale value of £310,814 and an estimated rental value of £1,062 per month, assuming reasonable condition and based on the information available.
The apartment sits within 193, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Flat 1, 193, Drummond Road, Skegness has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated September 2022.
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.
In very good condition, we estimate Flat 1, 193, Drummond Road, Skegness would be worth £326,355, with a potential rental value of £1,115 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £289,057, with a rental value of £988 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 1, 193, Drummond Road, Skegness has decreased by £3,679 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £65 (6.1%). The property's estimated gross yield is currently 4.1%.
Flat 1, 193, Drummond Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 1, 193, Drummond Road, Skegness last changed hands on 1st October 2024, selling for £326,000. 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 dropped by 46.9% since October 2024.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 1.1 kilometres of Flat 1, 193, Drummond Road, Skegness across the last 2 years.
Most recently, 11, Drake Road, Skegness, PE25 3BH, a leasehold flat, sold at £335,000 on the 13th February 2017.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 1, 193, Drummond Road, Skegness as the 134th largest and the 63rd most expensive of the 417 addresses on Drummond Road, Skegness, PE25.
Against the PE25 postcode district average, it is £80k more expensive than the typical property.
Skegness station is the nearest stop to Flat 1, 193, Drummond Road, Skegness at 1.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 193, Drummond Road, Skegness, 59.1% of property is privately owned outright and 18.3% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 193, Drummond Road, Skegness, 10.6% of residents are recorded as possessing school level qualifications and 24.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 193, Drummond Road, Skegness, the average age was 44.7 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 193, Drummond Road, Skegness, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 193, Drummond Road, Skegness, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
