54C, Lancaster Court Pier Avenue, Southwold, IP18 6BU is a leasehold flat built before 1900. The property offers approximately 781 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £234,264 , which equates to approximately £298 per square foot. It was last sold on 30 Jun 2011 for £168,000. Since then, the value has increased by £66,264, representing a 39.4% increase, or approximately 2.7% per year.

The current estimated value of £234,264 is:

  • 64.0% lower than the average property price on Pier Avenue
  • 62.8% lower than the average in the IP18 6BU postcode area
  • and 66.5% lower than the average price for Southwold as a whole

At the most recent EPC inspection on 16 June 2009, the property was recorded as owner-occupied.

View sold house prices in IP18 6BU

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
781 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£234,264
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
2 bedrooms

EPC Summary

54C, Lancaster Court Pier Avenue, Southwold, Waveney, Suffolk, IP18 6BU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Mar 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jun 2009, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 126.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, no insulation, changing energy efficiency from poor to very poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to timber frame, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Timber frame, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP18 6BU

36 th / 37
Price Rank
63% lower than average
18 th / 23
Size Rank
27% smaller than average
22 nd / 23
Price Per Sq FT Rank
49% lower than average

Compared to other properties in IP18 6BU , this flat's estimated value ranks 36th out of 37. Based on price per square foot, it ranks 22th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 23 properties in its postcode area.

Sale History

Today
£234,264
streetscan.co.uk estimate
+39 %
30 Jun 2011
£168,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £285,000
sale date: 5 Dec 2017
rooms: 3
size: 775 sq ft
sale price: £64,000
sale date: 1 Sep 1998
rooms: 3
size: 861 sq ft
sale price: £440,000
sale date: 7 Dec 2018
rooms: 3
size: 874 sq ft
sale price: £82,000
sale date: 30 Jun 1999

Data Sources

The property at 54C, Lancaster Court Pier Avenue, Southwold, Waveney, Suffolk, IP18 6BU appears once in the Land Registry records, with the transaction recorded on 30 Jun 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Mar 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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