19B, North Parade
19B, North Parade
Description & Estimates
19B, North Parade, Southwold is recorded publicly as a period leasehold apartment across 1,184 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 19B, North Parade, Southwold is £2,117,249 and its rental estimate is £5,930 per month, given the available information and assuming reasonable condition.
19, North Parade is a residential building on North Parade, Southwold, IP18 and falls within the IP18 postal district and the borough of East Suffolk.
Our Data Sources
19B, North Parade, Southwold has 31 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated May 2014.
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 19B, North Parade, Southwold, we estimate a market value of £2,223,111 and a rental value of £6,226 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,969,041 and £5,515 per month respectively.
Recent Market Change
Over the last year, 19B, North Parade, Southwold has seen its estimated sale value decline by £58,392 (2.8%) and its estimated rental value climb by £232 per month (3.9%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
19B, North Parade, Southwold has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2014.
The property is not 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 19B, North Parade, Southwold completed on 2nd March 2015 at £475,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 15.1% over the period since March 2015.
- Sold Mar 2015£475,000
- Sold Sep 2012£285,000
- Sold May 2001£180,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 1.4 kilometres of 19B, North Parade, Southwold, 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.
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Location Comparison
Of the 50 addresses on North Parade, Southwold, IP18, 19B, North Parade, Southwold comes out as the 29th largest and the 5th most expensive in our analysis of the public data.
It is also £1.606m more expensive than the average property across the IP18 district.
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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
From 19B, 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.
