Flat 3, 9
Flat 3, 9
Description & Estimates
Flat 3, 9, Vernon Road, Skegness is described in the public record as an early-century apartment with 182 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 9, Vernon Road, Skegness is £48,640 and its rental estimate is £340 per month, given the available information and assuming reasonable condition.
9, Vernon Road is a residential building on Vernon Road, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 3, 9, Vernon Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated May 2015.
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, 9, Vernon Road, Skegness, we estimate a market value of £51,072 and a rental value of £357 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £45,235 and £316 per month respectively.
Recent Market Change
Over the last year, Flat 3, 9, Vernon Road, Skegness has seen its estimated sale value decline by £711 (1.5%) and its estimated rental value climb by £19 per month (5.6%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 3, 9, Vernon Road, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 570 metres of Flat 3, 9, Vernon Road, Skegness, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2019, was 19, Vernon Road, Skegness, PE25 2QR, a freehold house which sold for £123,000.
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 37 addresses on Vernon Road, Skegness, PE25, Flat 3, 9, Vernon Road, Skegness comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £182k less expensive than the average property across the PE25 district.
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Schools Nearby
- 200mSkegness Infant Academy
- 300mSkegness Junior Academy
- 600mBeacon Primary Academy
- 100mSkegness Grammar School
- 400mSkegness Academy
- 15.8kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From Flat 3, 9, Vernon Road, Skegness, the nearest station is Skegness, 600 metres away.
- 600mSkegness
- 5.5kmHavenhouse
- 8.1kmWainfleet
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.
