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29 Hervey Street is a residential building situated on Hervey Street, Lowestoft, NR32 with 2 addresses.
It ranks as the 218th largest and 607th most expensive of the 680 buildings in the NR32 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
29 Hervey Street is a residential building situated on Hervey Street, Lowestoft, NR32 with 2 addresses.
It ranks as the 218th largest and 607th most expensive of the 680 buildings in the NR32 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £75,820 for 2 bedroom leasehold flats (570 ft2) to £226,762 for 4 bedroom freehold houses with a garden (1,367 ft2) .
Monthly rental prices range from £489 pcm for 2 bed flats to £1,126 pcm for 4 bed houses.
The gross rental yield is between 6.0% and 7.7%.
The average value per square foot is £149.
The last sale in 29 Hervey Street sold for £57,540 on 15th September 2023. Since then prices are down an average of 0.0%.
The current average value in the building is £151,291.
The 29 Hervey Street Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £151,291 |
| May 2025 | 1.4% | £152,370 |
| May 2024 | -2.4% | £150,262 |
| May 2023 | 0.7% | £153,891 |
| May 2022 | 10.1% | £152,856 |
| May 2021 | 8.3% | £138,775 |
| May 2020 | 3% | £128,174 |
| May 2019 | 2.3% | £124,476 |
| May 2018 | 2.1% | £121,685 |
| May 2017 | 7.2% | £119,135 |
| May 2016 | 4.1% | £111,085 |
| May 2015 | 8.7% | £106,702 |
| May 2014 | 7.1% | £98,144 |
| May 2013 | -1.4% | £91,608 |
| May 2012 | -0.9% | £92,931 |
| May 2011 | -4.4% | £93,816 |
| May 2010 | 6.6% | £98,107 |
| May 2009 | -14.4% | £92,034 |
| May 2008 | -1.1% | £107,520 |
| May 2007 | 0% | £108,693 |
The current average rental value in the building is £807.
The 29 Hervey Street Rental Market has increased by 50.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.5% | £807pcm |
| May 2025 | 3.4% | £780pcm |
| May 2024 | 8.6% | £754pcm |
| May 2023 | 5.7% | £695pcm |
| May 2022 | 7.1% | £657pcm |
| May 2021 | 8.2% | £614pcm |
| May 2020 | 2.5% | £567pcm |
| May 2019 | 1.4% | £553pcm |
| May 2018 | 1% | £546pcm |
| May 2017 | 0.5% | £540pcm |
| May 2016 | 4.2% | £538pcm |
| May 2015 | 1.6% | £516pcm |
| May 2014 | 0.8% | £508pcm |
| May 2013 | 2.7% | £504pcm |
| May 2012 | 2.2% | £490pcm |
| May 2011 | 1.5% | £480pcm |
| May 2010 | 2.8% | £473pcm |
| May 2009 | -8.7% | £460pcm |
| May 2008 | 0.4% | £504pcm |
| May 2007 | 0% | £502pcm |
The last sale was on 15th September 2023 for £57,540 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
29, Hervey Street, Lowestoft, NR32 2JG has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 29, Hervey Street, Lowestoft, NR32 2JG is Lowestoft station which is 400 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 29, Hervey Street, Lowestoft, NR32 2JG, 35.3% of property is privately owned outright and 30.8% 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 29, Hervey Street, Lowestoft, NR32 2JG, 14.6% of residents are recorded as possessing school level qualifications and 18.5% 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 29, Hervey Street, Lowestoft, NR32 2JG, the average age was 37.7 and the most common age was 27.
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 29, Hervey Street, Lowestoft, NR32 2JG, 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 29, Hervey Street, Lowestoft, NR32 2JG, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.