Flat 2, 83
Flat 2, 83
Description & Estimates
According to the public record, Flat 2, 83, Park Avenue, Skegness is an early-century apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 83, Park Avenue, Skegness is £64,053 and the estimated rental value is £461 per month.
The apartment is within 83, Park Avenue, Skegness, PE25.
Park Avenue, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
Flat 2, 83, Park Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 83, Park Avenue, Skegness is in very good condition we estimate a sale value of £67,256 and a rental value of £484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,569 and a rental value of £429 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 83, Park Avenue, Skegness has declined by £1,064 (1.7%), while its estimated rental value has climbed by £26 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Energy Efficiency
Flat 2, 83, Park Avenue, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 83, Park Avenue, Skegness within a radius of 690 metres over the last 2 years.
The most recent example is Flat 8, 42, Sunningdale Drive, Skegness, PE25 1AY, a leasehold flat which sold for £74,000 on the 27th September 2024.
Read more about house prices in PE25.
- Sold Sep 2024£74,000 | 2 Bed Flat42, Sunningdale DriveFlat 8, 42, Sunningdale Drive, Skegness, PE25 1AY
- Sold Mar 2022£45,000 | 2 Bed Flat42, Sunningdale DriveFlat 2, 42, Sunningdale Drive, Skegness, PE25 1AY
- Sold Oct 2015£33,000 | 2 Bed Flat42, Sunningdale DriveFlat 9, 42, Sunningdale Drive, Skegness, PE25 1AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Avenue, Skegness, PE25 has a total of 115 addresses. According to our analysis of all the public data, Flat 2, 83, Park Avenue, Skegness is the 106th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in PE25.
More reading links
Schools Nearby
- 500mSkegness Junior Academy
- 600mSkegness Infant Academy
- 1.1kmBeacon Primary Academy
- 700mSkegness Grammar School
- 900mSkegness Academy
- 16.1kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to Flat 2, 83, Park Avenue, Skegness is Skegness station, which is 1.0 kilometres away.
- 1.0kmSkegness
- 6.2kmHavenhouse
- 8.8kmWainfleet
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
