Flat 1, 7
Flat 1, 7
Description & Estimates
Flat 1, 7, Wainfleet Road, Skegness is described in the public record as a period apartment with 527 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, 7, Wainfleet Road, Skegness is £43,876 and its rental estimate is £306 per month, given the available information and assuming reasonable condition.
7, 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, 7, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
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, 7, Wainfleet Road, Skegness, we estimate a market value of £46,070 and a rental value of £321 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £40,805 and £285 per month respectively.
Recent Market Change
Over the last year, Flat 1, 7, Wainfleet Road, Skegness has seen its estimated sale value decline by £456 (1.0%) and its estimated rental value climb by £19 per month (6.3%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 1, 7, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 590 metres of Flat 1, 7, Wainfleet Road, Skegness, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2024, was Flat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU, a leasehold flat which sold for £75,000.
Read more about house prices in PE25.
- Sold Aug 2024£75,000 | 1 Bed FlatGuernsey Court, Robin Hood RoadFlat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
- Sold Mar 2019£65,000 | 2 Bed FlatGuernsey Court, Robin Hood RoadFlat 2, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
- Sold Mar 2016£58,500 | 1 Bed FlatGuernsey Court, Robin Hood RoadFlat 1, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 176 addresses on Wainfleet Road, Skegness, PE25, Flat 1, 7, Wainfleet Road, Skegness comes out as the 139th largest and the 155th most expensive in our analysis of the public data.
It is also £187k less expensive than the average property across the PE25 district.
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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
From Flat 1, 7, Wainfleet Road, Skegness, the nearest station is Skegness, 200 metres away.
- 200mSkegness
- 5.1kmHavenhouse
- 7.8kmWainfleet
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.
