Flat 3, 106
Flat 3, 106
Description & Estimates
Flat 3, 106, Drummond Road, Skegness is described in the public record as an early-century apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 106, Drummond Road, Skegness is £81,030 and its rental estimate is £576 per month, given the available information and assuming reasonable condition.
106, 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 3, 106, Drummond Road, Skegness has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2016.
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 3, 106, Drummond Road, Skegness, we estimate a market value of £85,082 and a rental value of £605 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £75,358 and £536 per month respectively.
Recent Market Change
Over the last year, Flat 3, 106, Drummond Road, Skegness has seen its estimated sale value drop by £1,346 (1.7%) and its estimated rental value rise by £32 per month (5.6%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
Flat 3, 106, Drummond Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, 106, Drummond Road, Skegness completed on 16th July 1999 at £17,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Jul 1999£17,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 106, Drummond Road, Skegness have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2024, was Flat 6, 6, Firbeck Avenue, Skegness, PE25 3JY, a leasehold flat which sold for £64,460.
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 417 addresses on Drummond Road, Skegness, PE25, Flat 3, 106, Drummond Road, Skegness comes out as the 320th largest and the 317th most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the PE25 district.
More reading links
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
More reading links
Public Transport Nearby
From Flat 3, 106, 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.
