Flat 2, 41
Flat 2, 41
Description & Estimates
Flat 2, 41, Lumley Avenue, Skegness is described in the public record as a modern apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 41, Lumley Avenue, Skegness is £70,656 and its rental estimate is £464 per month, given the available information and assuming reasonable condition.
41, Lumley Avenue is a residential building on Lumley Avenue, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 2, 41, Lumley Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated April 2013.
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 2, 41, Lumley Avenue, Skegness, we estimate a market value of £74,189 and a rental value of £487 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,710 and £432 per month respectively.
Recent Market Change
Over the last year, Flat 2, 41, Lumley Avenue, Skegness has seen its estimated sale value decline by £1,174 (1.7%) and its estimated rental value climb by £26 per month (5.6%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
Flat 2, 41, Lumley Avenue, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Apr 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 41, Lumley Avenue, Skegness have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th August 2025, was 68, Lumley Avenue, Skegness, PE25 2TH, a leasehold flat which sold for £70,000.
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 131 addresses on Lumley Avenue, Skegness, PE25, Flat 2, 41, Lumley Avenue, Skegness comes out as the 59th largest and the 100th most expensive in our analysis of the public data.
It is also £160k less expensive than the average property across the PE25 district.
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Schools Nearby
- 400mSkegness Junior Academy
- 400mSkegness Infant Academy
- 1.0kmThe Richmond Primary Academy
- 600mSkegness Grammar School
- 900mSkegness Academy
- 16.3kmJohn Spendluffe Foundation Technology College
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Public Transport Nearby
From Flat 2, 41, Lumley Avenue, Skegness, the nearest station is Skegness, 700 metres away.
- 700mSkegness
- 5.9kmHavenhouse
- 8.6kmWainfleet
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 medium, based on Environment Agency data.
