Flat 3, 116
Flat 3, 116
Description & Estimates
According to the public record, Flat 3, 116, Drummond Road, Skegness is a period apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 116, Drummond Road, Skegness is £107,545 and the estimated rental value is £679 per month.
The apartment is within 116, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
Flat 3, 116, Drummond Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated May 2014.
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
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 3, 116, Drummond Road, Skegness is in very good condition we estimate a sale value of £112,922 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,017 and a rental value of £631 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 116, Drummond Road, Skegness has decreased by £1,957 (1.8%), while its estimated rental value has grown by £37 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Energy Efficiency
Flat 3, 116, Drummond Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
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 3, 116, Drummond Road, Skegness within a radius of 700 metres over the last 2 years.
The most recent example is Flat A, 148, Drummond Road, Skegness, PE25 3EX, a leasehold flat which sold for £350,000 on the 3rd August 2023.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drummond Road, Skegness, PE25 has a total of 417 addresses. According to our analysis of all the public data, Flat 3, 116, Drummond Road, Skegness is the 185th largest and the 216th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in PE25.
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
The closest station to Flat 3, 116, Drummond Road, Skegness is Skegness station, which is 900 metres away.
- 900mSkegness
- 5.2kmHavenhouse
- 8.0kmWainfleet
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 low.
