7a Market Place

    7A, MARKET PLACE, SOUTHWOLD, SOUTHWOLD, IP18 6DX

    This flat/maisonette freehold property on Market Place last sold in October 1997 for £70,000. Based on price growth in the IP18 district since then, its estimated current value is £618,234 — placing it in the 87th percentile nationally and the 61st percentile within IP18. The property covers 33 m² (355 sq ft), giving an estimated value of £18,734 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    355 sq ft

    33 m²

    Last Sale Price

    £70,000

    Oct 1997

    Estimated Valuation

    £618,234

    Est. £/sq ft

    £1,740/sq ft

    £18,734/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area355 sq ft (33 m²)
    EPC dateDec 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 Oct 1997

    £70,000

    Key Metrics

    Estimated valuation£618,234
    Value per sq ft / m²£1,740/sq ft (£18,734/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile61st percentile
    National percentile87th percentile

    Other Properties on Market Place

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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