Flat 1, 47
Flat 1, 47
Description & Estimates
Flat 1, 47, Cavendish Road, Skegness is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 47, Cavendish Road, Skegness is £281,218 and its rental estimate is £1,128 per month, given the available information and assuming reasonable condition.
47, Cavendish Road is a residential building on Cavendish Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 1, 47, Cavendish Road, Skegness has 31 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated July 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
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, 47, Cavendish Road, Skegness, we estimate a market value of £295,279 and a rental value of £1,184 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,533 and £1,049 per month respectively.
Recent Market Change
Over the last year, Flat 1, 47, Cavendish Road, Skegness has seen its estimated sale value decline by £2,924 (1.0%) and its estimated rental value climb by £71 per month (6.3%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
Flat 1, 47, Cavendish Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 1, 47, Cavendish Road, Skegness completed on 31st May 2007 at £137,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 15.6% over the period since May 2007.
- Sold May 2007£137,000
- Sold Jul 1998£48,000
- Sold Aug 1997£46,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 510 metres of Flat 1, 47, Cavendish Road, Skegness, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was 51, Cavendish Road, Skegness, PE25 2QZ, a freehold house which sold for £145,000.
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
Of the 76 addresses on Cavendish Road, Skegness, PE25, Flat 1, 47, Cavendish Road, Skegness comes out as the 62nd largest and the 3rd most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the PE25 district.
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Schools Nearby
- 100mSkegness Junior Academy
- 200mSkegness Infant Academy
- 800mBeacon Primary Academy
- 300mSkegness Grammar School
- 600mSkegness Academy
- 16.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Flat 1, 47, Cavendish Road, Skegness, the nearest station is Skegness, 700 metres away.
- 700mSkegness
- 5.8kmHavenhouse
- 8.4kmWainfleet
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.
