Flat 5, 76
Flat 5, 76
Description & Estimates
Flat 5, 76, South Parade, Skegness is described in the public record as an early-century apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 76, South Parade, Skegness is £136,487 and its rental estimate is £679 per month, given the available information and assuming reasonable condition.
76, South Parade is a residential building on South Parade, Skegness, PE25 and falls within the PE25 postal district and the borough of East Lindsey.
Our Data Sources
Flat 5, 76, South Parade, Skegness has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
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 5, 76, South Parade, Skegness, we estimate a market value of £143,311 and a rental value of £713 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £126,933 and £631 per month respectively.
Recent Market Change
Over the last year, Flat 5, 76, South Parade, Skegness has seen its estimated sale value move down by £2,267 (1.7%) and its estimated rental value increase by £38 per month (5.6%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 5, 76, South Parade, Skegness has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 76, South Parade, Skegness have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2024, was Flat 5, 31, Rutland Road, Skegness, PE25 2AY, a leasehold flat which sold for £128,000.
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 121 addresses on South Parade, Skegness, PE25, Flat 5, 76, South Parade, Skegness comes out as the 46th largest and the 28th most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the PE25 district.
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Schools Nearby
- 600mThe Richmond Primary Academy
- 1.2kmSkegness Infant Academy
- 1.2kmSkegness Junior Academy
- 1.3kmSkegness Grammar School
- 1.7kmSkegness Academy
- 17.1kmJohn Spendluffe Foundation Technology College
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Public Transport Nearby
From Flat 5, 76, South Parade, Skegness, the nearest station is Skegness, 800 metres away.
- 800mSkegness
- 5.4kmHavenhouse
- 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.
