Flat 1, 81
Flat 1, 81
Description & Estimates
Flat 1, 81, Drummond Road, Skegness is described in the public record as an early-century apartment with 290 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 81, Drummond Road, Skegness is £64,041 and its rental estimate is £448 per month, given the available information and assuming reasonable condition.
81, Drummond Road is a residential building on Drummond Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 1, 81, Drummond Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, 81, Drummond Road, Skegness, we estimate a market value of £67,243 and a rental value of £470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,558 and £417 per month respectively.
Recent Market Change
Over the last year, Flat 1, 81, Drummond Road, Skegness has seen its estimated sale value move down by £936 (1.5%) and its estimated rental value increase by £25 per month (5.6%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 1, 81, Drummond Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 81, Drummond Road, Skegness have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2022, was Flat 1, 2, Lawn Avenue, Skegness, PE25 3QD, a leasehold flat 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 417 addresses on Drummond Road, Skegness, PE25, Flat 1, 81, Drummond Road, Skegness comes out as the 405th largest and the 396th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the PE25 district.
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Schools Nearby
- 600mThe Richmond Primary Academy
- 1.3kmSkegness Infant Academy
- 1.4kmSkegness Junior Academy
- 1.5kmSkegness Grammar School
- 1.8kmSkegness Academy
- 17.2kmJohn Spendluffe Foundation Technology College
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Public Transport Nearby
From Flat 1, 81, Drummond Road, Skegness, the nearest station is Skegness, 900 metres away.
- 900mSkegness
- 5.2kmHavenhouse
- 8.0kmWainfleet
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.
