Flat 3, 204
Flat 3, 204
Description & Estimates
The public record describes Flat 3, 204, Drummond Road, Skegness as a period apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 204, Drummond Road, Skegness has an estimated sale value of £103,845 and an estimated rental value of £645 per month, assuming reasonable condition and based on the information available.
The apartment sits within 204, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
Flat 3, 204, Drummond Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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
In very good condition, we estimate Flat 3, 204, Drummond Road, Skegness would be worth £109,037, with a potential rental value of £677 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,576, with a rental value of £600 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 204, Drummond Road, Skegness has decreased by £1,725 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £36 (5.6%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 3, 204, Drummond Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of Flat 3, 204, Drummond Road, Skegness across the last 2 years.
Most recently, Flat 1, Alderney Court Mews 38, Seacroft Esplanade, Skegness, PE25 3BE, a leasehold flat, sold at £395,000 on the 5th November 2024.
Read more about house prices in PE25.
- Sold Nov 2024£395,000 | 2 Bed FlatAlderney Court Mews 38, Seacroft EsplanadeFlat 1, Alderney Court Mews 38, Seacroft Esplanade, Skegness, PE25 3BE
- Sold Dec 2023£118,000 | 2 Bed FlatLaythorpe Avenue1 Links Court, Laythorpe Avenue, Skegness, PE25 3BX
- Sold Sep 2009£85,000 | 2 Bed Flat40, South ParadeFlat 3, 40, South Parade, Skegness, PE25 3HW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, 204, Drummond Road, Skegness as the 261st largest and the 218th most expensive of the 417 addresses on Drummond Road, Skegness, PE25.
Against the PE25 postcode district average, it is £127k less expensive than the typical property.
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Schools Nearby
- 800mThe Richmond Primary Academy
- 1.7kmSkegness Infant Academy
- 1.8kmSkegness Junior Academy
- 1.8kmSkegness Grammar School
- 2.1kmSkegness Academy
- 17.1kmKing Edward VI Academy
More reading links
Public Transport Nearby
Skegness station is the nearest stop to Flat 3, 204, Drummond Road, Skegness at 1.2 kilometres away.
- 1.2kmSkegness
- 4.8kmHavenhouse
- 7.6kmWainfleet
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
