Flat 3, 38
Flat 3, 38
Description & Estimates
According to the public record, Flat 3, 38, Wainfleet Road, Skegness is a period apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 38, Wainfleet Road, Skegness is £71,682 and the estimated rental value is £501 per month.
The apartment is within 38, Wainfleet Road, Skegness, PE25.
Wainfleet Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
Flat 3, 38, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated January 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
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, 38, Wainfleet Road, Skegness is in very good condition we estimate a sale value of £75,266 and a rental value of £526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £66,664 and a rental value of £466 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 38, Wainfleet Road, Skegness has moved down by £1,048 (1.5%), while its estimated rental value has increased by £28 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
Flat 3, 38, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
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, 38, Wainfleet Road, Skegness within a radius of 580 metres over the last 2 years.
The most recent example is Flat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU, a leasehold flat which sold for £75,000 on the 2nd August 2024.
Read more about house prices in PE25.
- Sold Aug 2024£75,000 | 1 Bed FlatGuernsey Court, Robin Hood RoadFlat 5, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
- Sold May 2024£508,750 | 1 Bed FlatChurch Road South3, Church Road South, Skegness, PE25 3RS
- Sold Mar 2019£65,000 | 2 Bed FlatGuernsey Court, Robin Hood RoadFlat 2, Guernsey Court, Robin Hood Road, Skegness, PE25 3QU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Wainfleet Road, Skegness, PE25 has a total of 176 addresses. According to our analysis of all the public data, Flat 3, 38, Wainfleet Road, Skegness is the 162nd largest and the 140th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in PE25.
More reading links
Schools Nearby
- 500mSkegness Infant Academy
- 500mThe Richmond Primary Academy
- 600mSkegness Junior Academy
- 600mSkegness Grammar School
- 800mSkegness Academy
- 16.2kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to Flat 3, 38, Wainfleet Road, Skegness is Skegness station, which is 100 metres away.
- 100mSkegness
- 5.2kmHavenhouse
- 7.9kmWainfleet
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.
