Flat 3, 21
Flat 3, 21
Description & Estimates
Flat 3, 21, Grosvenor Road, Skegness is described in the public record as a period apartment with 226 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 21, Grosvenor Road, Skegness is £172,197 and its rental estimate is £729 per month, given the available information and assuming reasonable condition.
21, 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 3, 21, Grosvenor Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
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 3, 21, Grosvenor Road, Skegness, we estimate a market value of £180,807 and a rental value of £765 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,143 and £678 per month respectively.
Recent Market Change
Over the last year, Flat 3, 21, Grosvenor Road, Skegness has seen its estimated sale value decline by £2,516 (1.5%) and its estimated rental value climb by £41 per month (5.6%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
Flat 3, 21, Grosvenor Road, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 3, 21, Grosvenor Road, Skegness has sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2022, was Flat 1, 21, Grosvenor Road, Skegness, PE25 2DB, a leasehold flat which sold for £219,000.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 172 addresses on Grosvenor Road, Skegness, PE25, Flat 3, 21, Grosvenor Road, Skegness comes out as the 170th largest and the 25th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the PE25 district.
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Schools Nearby
- 200mSkegness Infant Academy
- 300mSkegness Junior Academy
- 800mThe Richmond Primary Academy
- 300mSkegness Grammar School
- 600mSkegness Academy
- 16.1kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Flat 3, 21, Grosvenor Road, Skegness, the nearest station is Skegness, 400 metres away.
- 400mSkegness
- 5.5kmHavenhouse
- 8.2kmWainfleet
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.
