NR32 1HL is a residential postcode situated on Gun Lane, Lowestoft, NR32 with 10 addresses.
It ranks as the 324th largest and 112th most expensive of the 1,031 postcodes in the NR32 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
NR32 1HL is a residential postcode situated on Gun Lane, Lowestoft, NR32 with 10 addresses.
It ranks as the 324th largest and 112th most expensive of the 1,031 postcodes in the NR32 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £92,782 for 1 bedroom leasehold flats (430 ft2) to £112,573 for 2 bedroom leasehold flats (635 ft2) .
Monthly rental prices range from £528 pcm for 1 bed flats to £628 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 7.0%.
The average value per square foot is £195.
The last sale in NR32 1HL sold for £111,000 on 26th January 2023. Since then prices are down an average of 2.4%.
The current average value in the postcode is £104,416.
The NR32 1HL Sales Market has increased by 29.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £104,416 |
| April 2025 | 1% | £105,155 |
| April 2024 | -2.2% | £104,148 |
| April 2023 | 2.1% | £106,464 |
| April 2022 | 7.6% | £104,281 |
| April 2021 | 6.9% | £96,950 |
| April 2020 | 3.4% | £90,729 |
| April 2019 | 1.8% | £87,754 |
| April 2018 | 0.7% | £86,172 |
| April 2017 | 6% | £85,553 |
| April 2016 | 5% | £80,744 |
| April 2015 | 8.3% | £76,881 |
| April 2014 | 7.2% | £71,005 |
| April 2013 | -2.2% | £66,259 |
| April 2012 | -2.9% | £67,783 |
| April 2011 | -4.2% | £69,838 |
| April 2010 | 3.3% | £72,903 |
| April 2009 | -14.8% | £70,608 |
| April 2008 | 0.2% | £82,880 |
| April 2007 | 0% | £82,714 |
The current average rental value in the postcode is £593.
The NR32 1HL Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £593pcm |
| April 2025 | 3.2% | £578pcm |
| April 2024 | 5.2% | £560pcm |
| April 2023 | 7.8% | £532pcm |
| April 2022 | 5.1% | £494pcm |
| April 2021 | 5.7% | £470pcm |
| April 2020 | 4% | £445pcm |
| April 2019 | 1.6% | £427pcm |
| April 2018 | -1.3% | £421pcm |
| April 2017 | -0.5% | £426pcm |
| April 2016 | 3.7% | £429pcm |
| April 2015 | 1.5% | £413pcm |
| April 2014 | -0.8% | £407pcm |
| April 2013 | -0.7% | £410pcm |
| April 2012 | 1% | £413pcm |
| April 2011 | 1.4% | £409pcm |
| April 2010 | -1% | £404pcm |
| April 2009 | -5.9% | £408pcm |
| April 2008 | 2.4% | £433pcm |
| April 2007 | 0% | £423pcm |
The last sale was on 26th January 2023 for £111,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 2 sales since 1995.
NR32 1HL has seen 1 sale in the last three years and no sales in the last twelve months.
NR32 1HL is the 324th largest and the 112th most expensive postcode out of the 1,031 postcodes in the NR32 area.
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The closest station to NR32 1HL is Lowestoft station which is 900 metres away.
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