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4 Royal Avenue is a residential building situated on Royal Avenue, Lowestoft, NR32 with 2 addresses.
It ranks as the 269th largest and 623rd most expensive of the 680 buildings in the NR32 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
4 Royal Avenue is a residential building situated on Royal Avenue, Lowestoft, NR32 with 2 addresses.
It ranks as the 269th largest and 623rd most expensive of the 680 buildings in the NR32 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £98,673 for 2 bedroom leasehold flats (527 ft2) to £238,872 for 4 bedroom freehold houses with a garden (1,176 ft2) .
Monthly rental prices range from £532 pcm for 2 bed flats to £1,128 pcm for 4 bed houses.
The gross rental yield is between 5.7% and 6.5%.
The average value per square foot is £195.
The last sale in 4 Royal Avenue sold for £157,000 on 4th May 2007. Since then prices are up an average of 43.0%.
The current average value in the building is £168,772.
The 4 Royal Avenue Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £168,772 |
| May 2025 | 1.1% | £170,023 |
| May 2024 | -2.3% | £168,124 |
| May 2023 | 1.2% | £172,079 |
| May 2022 | 9.8% | £169,959 |
| May 2021 | 8.4% | £154,851 |
| May 2020 | 3.6% | £142,878 |
| May 2019 | 2% | £137,975 |
| May 2018 | 2.1% | £135,237 |
| May 2017 | 7.6% | £132,473 |
| May 2016 | 4.6% | £123,070 |
| May 2015 | 9% | £117,687 |
| May 2014 | 7% | £108,012 |
| May 2013 | -1.5% | £100,947 |
| May 2012 | -1.6% | £102,499 |
| May 2011 | -4.2% | £104,168 |
| May 2010 | 7.1% | £108,753 |
| May 2009 | -13.3% | £101,518 |
| May 2008 | -0.7% | £117,123 |
| May 2007 | 0% | £117,992 |
The current average rental value in the building is £830.
The 4 Royal Avenue Rental Market has increased by 51.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £830pcm |
| May 2025 | 3% | £803pcm |
| May 2024 | 8.8% | £780pcm |
| May 2023 | 6.3% | £717pcm |
| May 2022 | 6.8% | £674pcm |
| May 2021 | 8.4% | £631pcm |
| May 2020 | 3.1% | £582pcm |
| May 2019 | 1% | £565pcm |
| May 2018 | 0.9% | £559pcm |
| May 2017 | 0.8% | £554pcm |
| May 2016 | 4.8% | £549pcm |
| May 2015 | 1.8% | £524pcm |
| May 2014 | 0.7% | £515pcm |
| May 2013 | 2.7% | £511pcm |
| May 2012 | 1.6% | £498pcm |
| May 2011 | 1.7% | £490pcm |
| May 2010 | 3.4% | £482pcm |
| May 2009 | -7.7% | £466pcm |
| May 2008 | 0.8% | £505pcm |
| May 2007 | 0% | £501pcm |
The last sale was on 4th May 2007 for £157,000 and since then the market in the area has increased by 43.0%. The building has had a total of 4 sales since 1995.
4, Royal Avenue, Lowestoft, NR32 4HH has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 4, Royal Avenue, Lowestoft, NR32 4HH is Lowestoft station which is 1.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Royal Avenue, Lowestoft, NR32 4HH, 30.2% of property is privately owned outright and 24.2% is privately owned with a mortgage.
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 4, Royal Avenue, Lowestoft, NR32 4HH, 21.3% of residents are recorded as possessing school level qualifications and 20.1% 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 4, Royal Avenue, Lowestoft, NR32 4HH, 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 4, Royal Avenue, Lowestoft, NR32 4HH, 0.2% 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 4, Royal Avenue, Lowestoft, NR32 4HH, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.