Flat 3, 47
Flat 3, 47
Description & Estimates
The public record describes Flat 3, 47, Grosvenor Road, Skegness as a period apartment with 581 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 47, Grosvenor Road, Skegness has an estimated sale value of £148,085 and an estimated rental value of £613 per month, assuming reasonable condition and based on the information available.
The apartment sits within 47, Grosvenor Road, Skegness, PE25.
Grosvenor Road, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
Flat 3, 47, Grosvenor Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 47, Grosvenor Road, Skegness would be worth £155,490, with a potential rental value of £644 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £137,719, with a rental value of £570 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, 47, Grosvenor Road, Skegness has moved down by £2,460 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (5.6%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Flat 3, 47, Grosvenor Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 3, 47, Grosvenor Road, Skegness across the last 2 years.
Most recently, 64A, Grosvenor Road, Skegness, PE25 2DD, a leasehold flat, sold at £160,000 on the 13th September 2024.
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
Our analysis of the public data ranks Flat 3, 47, Grosvenor Road, Skegness as the 83rd largest and the 38th most expensive of the 172 addresses on Grosvenor Road, Skegness, PE25.
Against the PE25 postcode district average, it is £83k less expensive than the typical property.
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Schools Nearby
- 100mSkegness Infant Academy
- 200mSkegness Junior Academy
- 800mBeacon Primary Academy
- 200mSkegness Grammar School
- 500mSkegness Academy
- 16.0kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Skegness station is the nearest stop to Flat 3, 47, Grosvenor Road, Skegness at 500 metres away.
- 500mSkegness
- 5.5kmHavenhouse
- 8.2kmWainfleet
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.
