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According to the public record, Flat 3, 7, Wainfleet Road, Skegness is a period apartment with 459 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 7, Wainfleet Road, Skegness is £41,205 and the estimated rental value is £294 per month.
The apartment is within 7, Wainfleet Road, Skegness, PE25.
Wainfleet Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Flat 3, 7, Wainfleet Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated August 2010.
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.
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, 7, Wainfleet Road, Skegness is in very good condition we estimate a sale value of £43,266 and a rental value of £309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £38,321 and a rental value of £274 per month.
Over the past 12 months, the estimated sale value of Flat 3, 7, Wainfleet Road, Skegness has fallen by £684 (1.7%), while its estimated rental value has moved up by £17 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Flat 3, 7, Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Flat 3, 7, Wainfleet Road, Skegness within a radius of 590 metres over the last 2 years.
The most recent example is Flat 1, 7, Wainfleet Road, Skegness, PE25 3QT, a leasehold flat which sold for £280,000 on the 22nd May 2024.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wainfleet Road, Skegness, PE25 has a total of 176 addresses. According to our analysis of all the public data, Flat 3, 7, Wainfleet Road, Skegness is the 153rd largest and the 166th most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in PE25.
The closest station to Flat 3, 7, Wainfleet Road, Skegness is Skegness station, which is 200 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 7, Wainfleet Road, Skegness, 52.2% of property is privately rented and 20.6% is socially rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, 7, Wainfleet Road, Skegness, 12.9% of residents are recorded as possessing school level qualifications and 15.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, 7, Wainfleet Road, Skegness, the average age was 43.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, 7, Wainfleet Road, Skegness, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, 7, Wainfleet Road, Skegness, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.