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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, Post Office, Southwold is a period leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Post Office, Southwold is £446,974 and the estimated rental value is £1,874 per month.
The apartment is within Post Office, High Street, Southwold, IP18.
High Street, Southwold, IP18 is located in the borough of East Suffolk within the IP18 postal district.
Flat 2, Post Office, Southwold has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated July 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Post Office, Southwold is in very good condition we estimate a sale value of £469,323 and a rental value of £1,967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,686 and a rental value of £1,743 per month.
Over the last 12 months the sale value of Flat 2 Post Office Southwold has decreased by an estimated £12,327 (2.8%) and its rental value has increased by an estimated £73 per month (3.9%), giving an expected gross yield of 5%.
Flat 2, Post Office, Southwold has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Post Office, Southwold was last sold on 11th February 2022 for £555,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 42.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Post Office, Southwold within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 3 The Old Hospital, Field Stile Road, Southwold, IP18 6LD, a leasehold flat which sold for £417,000 on the 18th October 2022.
Read more about house prices in IP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Southwold, IP18 has a total of 96 addresses. According to our analysis of all the public data, Flat 2, Post Office, Southwold is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in IP18.
The closest station to Flat 2, Post Office, Southwold is Brampton (Suffolk) station which is 11.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Post Office, Southwold, 42.2% of property is privately owned outright and 28.9% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Post Office, Southwold, 5.8% of residents are recorded as possessing school level qualifications and 39.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Post Office, Southwold, the average age was 51.2 and the most common age was 67.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Post Office, Southwold, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Post Office, Southwold, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
