Flat 4, 63
Flat 4, 63
Description & Estimates
Flat 4, 63, Park Avenue, Skegness is described in the public record as a mid-century apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 63, Park Avenue, Skegness is £60,076 and its rental estimate is £420 per month, given the available information and assuming reasonable condition.
63, Park Avenue is a residential building on Park Avenue, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 4, 63, Park Avenue, Skegness has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
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
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 4, 63, Park Avenue, Skegness, we estimate a market value of £63,080 and a rental value of £441 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £55,871 and £391 per month respectively.
Recent Market Change
Over the last year, Flat 4, 63, Park Avenue, Skegness has seen its estimated sale value move down by £878 (1.5%) and its estimated rental value increase by £24 per month (5.6%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 4, 63, Park Avenue, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2021.
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
Over the past 2 years 3 properties similar to Flat 4, 63, Park Avenue, Skegness have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was Flat 8, 42, Sunningdale Drive, Skegness, PE25 1AY, a leasehold flat which sold for £74,000.
Read more about house prices in PE25.
- Sold Sep 2024£74,000 | 2 Bed Flat42, Sunningdale DriveFlat 8, 42, Sunningdale Drive, Skegness, PE25 1AY
- Sold Jul 2019£60,000 | 1 Bed Flat65, Castleton BoulevardFlat 3, 65, Castleton Boulevard, Skegness, PE25 2TT
- Sold May 2009£67,500 | 1 Bed Flat79, Roman BankFlat 2, 79, Roman Bank, Skegness, PE25 2SW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 115 addresses on Park Avenue, Skegness, PE25, Flat 4, 63, Park Avenue, Skegness comes out as the 113th largest and the 114th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the PE25 district.
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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
From Flat 4, 63, Park Avenue, Skegness, the nearest station is Skegness, 1.0 kilometres away.
- 1.0kmSkegness
- 6.2kmHavenhouse
- 8.8kmWainfleet
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 medium, based on Environment Agency data.
