2, Chester Road
2, Chester Road
Description & Estimates
2, Chester Road, Southwold is described in the public record as a period house with 1,420 ft2 of internal area, sitting on a 115 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Chester Road, Southwold is £567,624 and its rental estimate is £2,042 per month, given the available information and assuming reasonable condition.
Chester Road, Southwold, IP18 falls within the IP18 postal district, in the borough of East Suffolk.
Our Data Sources
2, Chester Road, Southwold has no records in the the Land Registry and a single entry in the EPC database dated January 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, Chester Road, Southwold, we estimate a market value of £596,005 and a rental value of £2,145 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £527,890 and £1,899 per month respectively.
Recent Market Change
Over the last year, 2, Chester Road, Southwold has seen its estimated sale value decrease by £28,222 (5.0%) and its estimated rental value grow by £32 per month (1.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 2, Chester Road, Southwold as measuring 115 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
2, Chester Road, Southwold has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jan 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Chester Road, Southwold have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was 44, North Road, Southwold, IP18 6BQ, a freehold house which sold for £825,000.
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
Of the 20 addresses on Chester Road, Southwold, IP18, 2, Chester Road, Southwold comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the IP18 district.
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Schools Nearby
- 200mSouthwold Primary School
- 1.6kmReydon Primary School
- 8.4kmWenhaston Primary School
- 13.8kmPakefield High School
- 15.3kmAlde Valley Academy
- 15.6kmBeccles High School
More reading links
Public Transport Nearby
From 2, Chester Road, Southwold, the nearest station is Brampton (Suffolk), 12.0 kilometres away.
- 12.0kmBrampton (Suffolk)
- 12.2kmHalesworth
- 12.4kmDarsham
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 very low, based on Environment Agency data.
