Flat 9, 72
Flat 9, 72
Description & Estimates
The public record describes Flat 9, 72, South Parade, Skegness as an early-century apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 9, 72, South Parade, Skegness has an estimated sale value of £118,607 and an estimated rental value of £631 per month, assuming reasonable condition and based on the information available.
The apartment sits within 72, South Parade, Skegness, PE25.
South Parade, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
Flat 9, 72, South Parade, Skegness has no records in the the Land Registry and a single entry in the EPC database dated July 2019.
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
In very good condition, we estimate Flat 9, 72, South Parade, Skegness would be worth £124,537, with a potential rental value of £662 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,304, with a rental value of £587 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 9, 72, South Parade, Skegness has fallen by £1,970 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (5.6%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 9, 72, South Parade, Skegness has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jul 2019.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of Flat 9, 72, South Parade, Skegness across the last 2 years.
Most recently, 41, High Street, Skegness, PE25 3NY, a leasehold flat, sold at £200,000 on the 1st October 2024.
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
Our analysis of the public data ranks Flat 9, 72, South Parade, Skegness as the 79th largest and the 41st most expensive of the 121 addresses on South Parade, Skegness, PE25.
Against the PE25 postcode district average, it is £112k less expensive than the typical property.
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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
Skegness station is the nearest stop to Flat 9, 72, South Parade, Skegness at 800 metres away.
- 800mSkegness
- 5.4kmHavenhouse
- 8.1kmWainfleet
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 low risk of flooding.
