24, North Parade
24, North Parade
Description & Estimates
24, North Parade, Southwold is recorded publicly as a period freehold house across 2,271 ft2 of internal area, sitting on a 253 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 24, North Parade, Southwold is £1,737,457 and its rental estimate is £4,569 per month, given the available information and assuming reasonable condition.
North Parade, Southwold, IP18 falls within the IP18 postal district, in the borough of East Suffolk.
Our Data Sources
24, North Parade, Southwold has 21 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated May 2024.
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
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 24, North Parade, Southwold, we estimate a market value of £1,824,330 and a rental value of £4,798 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,615,835 and £4,249 per month respectively.
Recent Market Change
Over the last year, 24, North Parade, Southwold has seen its estimated sale value move down by £92,261 (5.3%) and its estimated rental value increase by £73 per month (1.6%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 24, North Parade, Southwold as measuring 253 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 12 other houses have recorded plot data.
Energy Efficiency
24, North Parade, Southwold has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, North Parade, Southwold completed on 16th September 2024 at £2,000,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 13.9% over the period since September 2024.
- Sold Sep 2024£2,000,000
- Sold May 1997£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, North Parade, Southwold have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th July 2019, was 20, North Parade, Southwold, IP18 6LT, a freehold house which sold for £1,100,000.
Read more about house prices in IP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 50 addresses on North Parade, Southwold, IP18, 24, North Parade, Southwold comes out as the 11th largest and the 14th most expensive in our analysis of the public data.
It is also £1.226m more expensive than the average property across the IP18 district.
More reading links
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
From 24, North Parade, Southwold, the nearest station is Brampton (Suffolk), 12.0 kilometres away.
- 12.0kmBrampton (Suffolk)
- 12.2kmHalesworth
- 12.5kmDarsham
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.
