Flat 1, 23
Flat 1, 23
Description & Estimates
The public record describes Flat 1, 23, Wainfleet Road, Skegness as a period apartment with 1,076 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 1, 23, Wainfleet Road, Skegness has an estimated sale value of £92,033 and an estimated rental value of £532 per month, assuming reasonable condition and based on the information available.
The apartment sits within 23, Wainfleet Road, Skegness, PE25.
Wainfleet Road, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
Flat 1, 23, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
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
In very good condition, we estimate Flat 1, 23, Wainfleet Road, Skegness would be worth £96,635, with a potential rental value of £559 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,591, with a rental value of £495 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 Flat 1, 23, Wainfleet Road, Skegness has decreased by £1,675 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (5.5%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 1, 23, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2023.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Flat 1, 23, Wainfleet Road, Skegness across the last 2 years.
Most recently, Flat 2, 3, Brunswick Drive, Skegness, PE25 2QT, a leasehold flat, sold at £82,000 on the 16th March 2022.
Read more about house prices in PE25.
- Sold Mar 2022£82,000 | 3 Bed Flat3, Brunswick DriveFlat 2, 3, Brunswick Drive, Skegness, PE25 2QT
- Sold Sep 2021£100,000 | 3 Bed FlatLincoln Road4, Lincoln Road, Skegness, PE25 2RZ
- Sold Nov 2007£94,000 | 3 Bed FlatAshton Villa 7, Old Wainfleet RoadFlat 1, Ashton Villa 7, Old Wainfleet Road, Skegness, PE25 3RU
•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 Flat 1, 23, Wainfleet Road, Skegness as the 58th largest and the 112th most expensive of the 176 addresses on Wainfleet Road, Skegness, PE25.
Against the PE25 postcode district average, it is £139k less expensive than the typical property.
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Schools Nearby
- 600mSkegness Infant Academy
- 600mThe Richmond Primary Academy
- 700mSkegness Junior Academy
- 600mSkegness Grammar School
- 800mSkegness Academy
- 16.1kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Skegness station is the nearest stop to Flat 1, 23, Wainfleet Road, Skegness at 300 metres away.
- 300mSkegness
- 5.0kmHavenhouse
- 7.7kmWainfleet
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.
