7 Drake Road

    7, DRAKE ROAD, SKEGNESS, PE25 3BH

    This semi-detached freehold property on Drake Road last sold in July 2016 for £320,000. Based on price growth in the PE25 district since then, its estimated current value is £420,330 — placing it in the 70th percentile nationally and the 97th percentile within PE25. The property covers 236 m² (2,540 sq ft), giving an estimated value of £1,781 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    2,540 sq ft

    236 m²

    Last Sale Price

    £320,000

    Jul 2016

    Estimated Valuation

    £420,330

    Est. £/sq ft

    £165/sq ft

    £1,781/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,540 sq ft (236 m²)
    EPC dateApr 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2016

    £320,000

    5 Apr 2002

    £148,000

    9 Jul 1999

    £88,000

    20 Sept 1996

    £58,000

    Key Metrics

    Estimated valuation£420,330
    Value per sq ft / m²£165/sq ft (£1,781/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE25 district percentile97th percentile
    National percentile70th percentile

    District Context — PE25

    PE25 covers parts of south Lincolnshire, including areas around Spalding and the surrounding fens. It is a rural district with a strong agricultural and market-town character.

    Average Property Price - PE25

    £195,176

    11

    National percentile

    Average Net Household Income - PE25

    £25,619

    3

    National percentile

    10-Year Annualised Price Growth - PE25

    3.5%

    49

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE25

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