Flat 2, 87
Flat 2, 87
Description & Estimates
Flat 2, 87, Grosvenor Road, Skegness is described in the public record as a period apartment with 541 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 87, Grosvenor Road, Skegness is £67,004 and its rental estimate is £465 per month, given the available information and assuming reasonable condition.
87, Grosvenor Road is a residential building on Grosvenor Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 2, 87, Grosvenor Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated April 2010.
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, 87, Grosvenor Road, Skegness, we estimate a market value of £70,354 and a rental value of £488 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £62,313 and £432 per month respectively.
Recent Market Change
Over the last year, Flat 2, 87, Grosvenor Road, Skegness has seen its estimated sale value fall by £1,113 (1.7%) and its estimated rental value move up by £26 per month (5.6%). This results in an estimated gross rental yield of 8.3%.
Energy Efficiency
Flat 2, 87, Grosvenor Road, Skegness has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 87, Grosvenor Road, Skegness have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was Flat 1, 152, Lincoln Road, Skegness, PE25 2DN, a leasehold flat which sold for £69,005.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 172 addresses on Grosvenor Road, Skegness, PE25, Flat 2, 87, Grosvenor Road, Skegness comes out as the 86th largest and the 140th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the PE25 district.
More reading links
Schools Nearby
- 300mSkegness Infant Academy
- 400mSkegness Junior Academy
- 700mBeacon Primary Academy
- 200mSkegness Grammar School
- 400mSkegness Academy
- 15.8kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Flat 2, 87, Grosvenor Road, Skegness, the nearest station is Skegness, 500 metres away.
- 500mSkegness
- 5.4kmHavenhouse
- 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.
