5, Covert Road
5, Covert Road
Description & Estimates
5, Covert Road, Southwold is recorded publicly as a mid-century freehold house across 807 ft2 of internal area, sitting on a 503 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Covert Road, Southwold is £300,826 and its rental estimate is £1,595 per month, given the available information and assuming reasonable condition.
Covert Road, Reydon, Southwold, IP18 falls within the IP18 postal district, in the borough of East Suffolk.
Our Data Sources
5, Covert Road, Southwold has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated September 2011.
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 5, Covert Road, Southwold, we estimate a market value of £315,867 and a rental value of £1,674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £279,768 and £1,483 per month respectively.
Recent Market Change
Over the last year, 5, Covert Road, Southwold has seen its estimated sale value fall by £11,371 (3.8%) and its estimated rental value move up by £45 per month (2.8%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 5, Covert Road, Southwold as measuring 503 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
5, Covert Road, Southwold has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2011.
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 5, Covert Road, Southwold completed on 3rd October 2013 at £207,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.2% over the period since October 2013.
- Sold Oct 2013£207,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Covert Road, Southwold have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th July 2024, was 22, Hillfield Court, Southwold, IP18 6RU, a freehold house which sold for £465,000.
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 59 addresses on Covert Road, Reydon, Southwold, IP18, 5, Covert Road, Southwold comes out as the 38th largest and the 46th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the IP18 district.
More reading links
Schools Nearby
- 300mReydon Primary School
- 1.2kmSouthwold Primary School
- 7.9kmWenhaston Primary School
- 12.9kmPakefield High School
- 14.2kmBeccles High School
- 14.7kmSir John Leman High School
More reading links
Public Transport Nearby
From 5, Covert Road, Southwold, the nearest station is Brampton (Suffolk), 10.8 kilometres away.
- 10.8kmBrampton (Suffolk)
- 11.3kmHalesworth
- 12.4kmDarsham
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
