Flat 4, 114
Flat 4, 114
Description & Estimates
According to the public record, Flat 4, 114, Drummond Road, Skegness is a period apartment with 279 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 4, 114, Drummond Road, Skegness is £62,983 and the estimated rental value is £440 per month.
The apartment is within 114, Drummond Road, Skegness, PE25.
Drummond Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
Flat 4, 114, Drummond Road, Skegness has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, 114, Drummond Road, Skegness is in very good condition we estimate a sale value of £66,132 and a rental value of £462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,574 and a rental value of £410 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 114, Drummond Road, Skegness has moved down by £920 (1.5%), while its estimated rental value has increased by £25 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
Flat 4, 114, Drummond Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 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 has been 1 sale of a property similar to Flat 4, 114, Drummond Road, Skegness within a radius of 710 metres over the last 2 years.
The most recent example is Flat 1, 91, Drummond Road, Skegness, PE25 3EH, a leasehold flat which sold for £67,500 on the 3rd October 2008.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drummond Road, Skegness, PE25 has a total of 417 addresses. According to our analysis of all the public data, Flat 4, 114, Drummond Road, Skegness is the 407th largest and the 400th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in PE25.
More reading links
Schools Nearby
- 600mThe Richmond Primary Academy
- 1.3kmSkegness Infant Academy
- 1.4kmSkegness Junior Academy
- 1.5kmSkegness Grammar School
- 1.8kmSkegness Academy
- 17.2kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to Flat 4, 114, Drummond Road, Skegness is Skegness station, which is 900 metres away.
- 900mSkegness
- 5.2kmHavenhouse
- 8.0kmWainfleet
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.
