56b Lancaster Court Pier Avenue

    56B LANCASTER COURT, PIER AVENUE, SOUTHWOLD, IP18 6BU

    This flat/maisonette leasehold property on Pier Avenue last sold in July 2021 for £487,000. Based on price growth in the IP18 district since then, its estimated current value is £682,612 — placing it in the 90th percentile nationally and the 69th percentile within IP18. The property covers 66 m² (710 sq ft), giving an estimated value of £10,343 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £487,000

    Jul 2021

    Estimated Valuation

    £682,612

    Est. £/sq ft

    £961/sq ft

    £10,343/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateNov 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2021

    £487,000

    Key Metrics

    Estimated valuation£682,612
    Value per sq ft / m²£961/sq ft (£10,343/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP18 district percentile69th percentile
    National percentile90th percentile

    District Context — IP18

    IP18 covers rural areas in central Suffolk, positioned inland from the Norfolk coast. The district is characterised by countryside living with a predominantly mature, settled population.

    Average Property Price - IP18

    £577,020

    88

    National percentile

    Average Net Household Income - IP18

    £38,389

    51

    National percentile

    10-Year Annualised Price Growth - IP18

    2.8%

    23

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP18

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