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16 Waveney Road is a residential building situated on Waveney Road, Lowestoft, NR32 with 5 addresses.
It ranks as the 588th largest and 186th most expensive of the 680 buildings in the NR32 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 5 properties: 5 flats.
16 Waveney Road is a residential building situated on Waveney Road, Lowestoft, NR32 with 5 addresses.
It ranks as the 588th largest and 186th most expensive of the 680 buildings in the NR32 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 5 properties: 5 flats.
Sale prices range from £52,195 for 2 bedroom leasehold flats (570 ft2) to £79,101 for 3 bedroom leasehold flats (1,485 ft2) .
Monthly rental prices range from £337 pcm for 2 bed flats to £467 pcm for 3 bed flats.
The gross rental yield is between 7.1% and 7.7%.
The average value per square foot is £53.
The last sale in 16 Waveney Road sold for £115,000 on 8th October 2004. Since then prices are down an average of 0.0%.
The current average value in the building is £71,230.
The 16 Waveney Road Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £71,230 |
| May 2025 | 0.6% | £71,220 |
| May 2024 | -1.7% | £70,798 |
| May 2023 | 0.4% | £71,993 |
| May 2022 | 7.8% | £71,722 |
| May 2021 | 7.3% | £66,512 |
| May 2020 | 3.4% | £62,008 |
| May 2019 | 1.6% | £59,976 |
| May 2018 | 1.1% | £59,060 |
| May 2017 | 6.1% | £58,392 |
| May 2016 | 3.9% | £55,036 |
| May 2015 | 8.4% | £52,969 |
| May 2014 | 6.6% | £48,845 |
| May 2013 | -1.7% | £45,807 |
| May 2012 | -2.6% | £46,616 |
| May 2011 | -4.6% | £47,851 |
| May 2010 | 5% | £50,138 |
| May 2009 | -14.6% | £47,736 |
| May 2008 | -0.9% | £55,923 |
| May 2007 | 0% | £56,452 |
The current average rental value in the building is £427.
The 16 Waveney Road Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £427pcm |
| May 2025 | 2.6% | £409pcm |
| May 2024 | 9.4% | £399pcm |
| May 2023 | 5.4% | £365pcm |
| May 2022 | 4.9% | £346pcm |
| May 2021 | 7.2% | £330pcm |
| May 2020 | 2.9% | £308pcm |
| May 2019 | 0.6% | £299pcm |
| May 2018 | 0% | £297pcm |
| May 2017 | -0.6% | £297pcm |
| May 2016 | 4% | £299pcm |
| May 2015 | 1.4% | £287pcm |
| May 2014 | 0.4% | £284pcm |
| May 2013 | 2.4% | £283pcm |
| May 2012 | 0.5% | £276pcm |
| May 2011 | 1.3% | £275pcm |
| May 2010 | 1.3% | £271pcm |
| May 2009 | -8.9% | £268pcm |
| May 2008 | 0.6% | £294pcm |
| May 2007 | 0% | £292pcm |
The last sale was on 8th October 2004 for £115,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
16, Waveney Road, Lowestoft, NR32 1BT has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 16, Waveney Road, Lowestoft, NR32 1BT is Lowestoft station which is 200 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Waveney Road, Lowestoft, NR32 1BT, % of property is and % is .
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 16, Waveney Road, Lowestoft, NR32 1BT, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Waveney Road, Lowestoft, NR32 1BT, 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 16, Waveney Road, Lowestoft, NR32 1BT, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.