27B, North Parade
27B, North Parade
Description & Estimates
27B, North Parade, Southwold is recorded publicly as a period leasehold apartment across 968 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 27B, North Parade, Southwold is £1,802,384 and its rental estimate is £5,048 per month, given the available information and assuming reasonable condition.
27, 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
27B, North Parade, Southwold has a single entry in the Land Registry from March 2013 and a single entry in the EPC database dated May 2012.
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 27B, North Parade, Southwold, we estimate a market value of £1,892,503 and a rental value of £5,300 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,676,217 and £4,695 per month respectively.
Recent Market Change
Over the last year, 27B, North Parade, Southwold has seen its estimated sale value move down by £49,708 (2.8%) and its estimated rental value increase by £197 per month (3.9%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
27B, North Parade, Southwold has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 May 2012.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27B, North Parade, Southwold completed on 19th March 2013 at £422,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.7% over the period since March 2013.
- Sold Mar 2013£422,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 1.4 kilometres of 27B, North Parade, Southwold, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2024, was 24, North Parade, Southwold, IP18 6LT, a freehold house which sold for £2,000,000.
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, 27B, North Parade, Southwold comes out as the 33rd largest and the 12th most expensive in our analysis of the public data.
It is also £1.291m 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 27B, 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.
