15, North Parade
15, North Parade
Description & Estimates
Public records show 15, North Parade, Southwold to be a period leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
15, North Parade, Southwold has an estimated sale value of £1,387,789 and an estimated rental value of £4,044 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, North Parade, Southwold, IP18.
North Parade, Southwold, IP18 lies in the borough of East Suffolk, within the IP18 postal district.
Our Data Sources
15, North Parade, Southwold has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated January 2021.
We combine this information with that 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 15, North Parade, Southwold would be worth £1,457,179, with a potential rental value of £4,246 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,290,644, with a rental value of £3,761 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 15, North Parade, Southwold has dropped by £29,384 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £187 (4.6%). The property's estimated gross yield is currently 3.5%.
Energy Efficiency
15, North Parade, Southwold has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2021.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, North Parade, Southwold last changed hands on 4th February 2022, selling for £1,705,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.9% since February 2022.
- Sold Feb 2022£1,705,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 1.4 kilometres of 15, North Parade, Southwold across the last 2 years.
Most recently, 2A, Marlborough Road, Southwold, IP18 6LR, a freehold house, sold at £825,000 on the 28th October 2022.
Read more about house prices in IP18.
•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 15, North Parade, Southwold as the 42nd largest and the 15th most expensive of the 50 addresses on North Parade, Southwold, IP18.
Against the IP18 postcode district average, it is £876k more expensive than the typical property.
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Schools Nearby
- 200mSouthwold Primary School
- 1.5kmReydon Primary School
- 8.5kmWenhaston Primary School
- 13.6kmPakefield High School
- 15.5kmBeccles High School
- 15.5kmAlde Valley Academy
More reading links
Public Transport Nearby
Brampton (Suffolk) station is the nearest stop to 15, North Parade, Southwold at 12.0 kilometres away.
- 12.0kmBrampton (Suffolk)
- 12.2kmHalesworth
- 12.5kmDarsham
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 very low risk of flooding.
