Flat 1, 38
Flat 1, 38
Description & Estimates
Flat 1, 38, Wainfleet Road, Skegness is described in the public record as a period apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 38, Wainfleet Road, Skegness is £70,848 and its rental estimate is £495 per month, given the available information and assuming reasonable condition.
38, Wainfleet Road is a residential building on Wainfleet Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 1, 38, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
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 Flat 1, 38, Wainfleet Road, Skegness, we estimate a market value of £74,391 and a rental value of £520 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,889 and £461 per month respectively.
Recent Market Change
Over the last year, Flat 1, 38, Wainfleet Road, Skegness has seen its estimated sale value drop by £735 (1.0%) and its estimated rental value rise by £31 per month (6.3%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 1, 38, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 38, Wainfleet Road, Skegness have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2025, was Flat 1, 33, Ida Road, Skegness, PE25 2AU, a leasehold flat which sold for £200,000.
Read more about house prices in PE25.
- Sold Aug 2025£200,000 | 1 Bed FlatFlat 1, 33, Ida Road, Skegness, PE25 2AUFlat 1, 33, Ida Road, Skegness, PE25 2AU
- Sold Aug 2024£75,000 | 1 Bed FlatFlat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QUFlat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
- Sold May 2024£508,750 | 1 Bed Flat3, Church Road South, Skegness, PE25 3RS3, Church Road South, Skegness, PE25 3RS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 176 addresses on Wainfleet Road, Skegness, PE25, Flat 1, 38, Wainfleet Road, Skegness comes out as the 164th largest and the 142nd most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 500mSkegness Infant Academy
- 500mThe Richmond Primary Academy
- 600mSkegness Junior Academy
- 600mSkegness Grammar School
- 800mSkegness Academy
- 16.2kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Flat 1, 38, Wainfleet Road, Skegness, the nearest station is Skegness, 100 metres away.
- 100mSkegness
- 5.2kmHavenhouse
- 7.9kmWainfleet
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.
