Flat 2, 2
Flat 2, 2
Description & Estimates
Flat 2, 2, Lawn Avenue, Skegness is described in the public record as an early-century apartment with 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 2, Lawn Avenue, Skegness is £63,864 and its rental estimate is £447 per month, given the available information and assuming reasonable condition.
2, Lawn Avenue is a residential building on Lawn Avenue, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 2, 2, Lawn Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
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 2, 2, Lawn Avenue, Skegness, we estimate a market value of £67,057 and a rental value of £469 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £59,393 and £415 per month respectively.
Recent Market Change
Over the last year, Flat 2, 2, Lawn Avenue, Skegness has seen its estimated sale value decline by £933 (1.5%) and its estimated rental value climb by £25 per month (5.6%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 2, 2, Lawn Avenue, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 2, Lawn Avenue, Skegness have sold within a radius of 590 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 9 addresses on Lawn Avenue, Skegness, PE25, Flat 2, 2, Lawn Avenue, Skegness comes out as the 8th largest and the 8th 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
- 400mThe Richmond Primary Academy
- 800mSkegness Infant Academy
- 900mSkegness Junior Academy
- 1.0kmSkegness Grammar School
- 1.3kmSkegness Academy
- 16.7kmJohn Spendluffe Foundation Technology College
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Public Transport Nearby
From Flat 2, 2, Lawn Avenue, Skegness, the nearest station is Skegness, 400 metres away.
- 400mSkegness
- 5.3kmHavenhouse
- 8.0kmWainfleet
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
