Flat 3, 83
Flat 3, 83
Description & Estimates
The public record describes Flat 3, 83, Park Avenue, Skegness as an early-century apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, 83, Park Avenue, Skegness has an estimated sale value of £88,598 and an estimated rental value of £554 per month, assuming reasonable condition and based on the information available.
The apartment sits within 83, Park Avenue, Skegness, PE25.
Park Avenue, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
Flat 3, 83, Park Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
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, 83, Park Avenue, Skegness would be worth £93,028, with a potential rental value of £582 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £82,396, with a rental value of £515 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, 83, Park Avenue, Skegness has declined by £1,612 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (5.5%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 3, 83, Park Avenue, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2015.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of Flat 3, 83, Park Avenue, Skegness across the last 2 years.
Most recently, Flat 12, The Towers, Park Avenue, Skegness, PE25 1BL, a leasehold flat, sold at £88,340 on the 9th October 2023.
Read more about house prices in PE25.
- Sold Oct 2023£88,340 | 3 Bed FlatFlat 12, The Towers, Park Avenue, Skegness, PE25 1BLFlat 12, The Towers, Park Avenue, Skegness, PE25 1BL
- Sold Nov 2022£80,000 | 3 Bed Flat38, Lumley Avenue, Skegness, PE25 2TH38, Lumley Avenue, Skegness, PE25 2TH
- Sold May 2016£60,000 | 3 Bed FlatFlat 1, 42, Sunningdale Drive, Skegness, PE25 1AYFlat 1, 42, Sunningdale Drive, Skegness, PE25 1AY
•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, 83, Park Avenue, Skegness as the 52nd largest and the 88th most expensive of the 115 addresses on Park Avenue, Skegness, PE25.
Against the PE25 postcode district average, it is £142k less expensive than the typical property.
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Schools Nearby
- 500mSkegness Junior Academy
- 600mSkegness Infant Academy
- 1.1kmBeacon Primary Academy
- 700mSkegness Grammar School
- 900mSkegness Academy
- 16.1kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
Skegness station is the nearest stop to Flat 3, 83, Park Avenue, Skegness at 1.0 kilometres away.
- 1.0kmSkegness
- 6.2kmHavenhouse
- 8.8kmWainfleet
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 medium risk of flooding.
