NR33 7LZ is a residential postcode situated on Faversham Court, Lowestoft, NR33 with 35 addresses.
It ranks as the 734th largest and 15th most expensive of the 893 postcodes in the NR33 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 35 flats.
NR33 7LZ is a residential postcode situated on Faversham Court, Lowestoft, NR33 with 35 addresses.
It ranks as the 734th largest and 15th most expensive of the 893 postcodes in the NR33 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 35 properties: 35 flats.
Sale prices range from £99,750 for 1 bedroom Leasehold flats (409 ft2) to £165,759 for 3 bedroom Leasehold flats (990 ft2) .
Monthly rental prices range from £512 pcm for 1 bed flats to £738 pcm for 3 bed flats.
The gross rental yield is between 5.3% and 6.2%.
The average value per square foot is £265.
The current average value in the postcode is £103,112.
The NR33 7LZ Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £103,112 |
| April 2025 | 0% | £104,462 |
| April 2024 | -3.1% | £104,507 |
| April 2023 | 1.2% | £107,857 |
| April 2022 | 13% | £106,599 |
| April 2021 | 5.8% | £94,352 |
| April 2020 | 2.4% | £89,175 |
| April 2019 | 1.7% | £87,085 |
| April 2018 | 1.7% | £85,662 |
| April 2017 | 5.7% | £84,218 |
| April 2016 | 4.7% | £79,660 |
| April 2015 | 7.6% | £76,067 |
| April 2014 | 4.8% | £70,695 |
| April 2013 | 1.2% | £67,435 |
| April 2012 | -3.2% | £66,652 |
| April 2011 | -2.4% | £68,826 |
| April 2010 | 4.5% | £70,550 |
| April 2009 | -16% | £67,526 |
| April 2008 | 1% | £80,355 |
| April 2007 | 0% | £79,524 |
The current average rental value in the postcode is £524.
The NR33 7LZ Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £524pcm |
| April 2025 | 6.9% | £508pcm |
| April 2024 | 5% | £476pcm |
| April 2023 | 3.5% | £453pcm |
| April 2022 | 9% | £438pcm |
| April 2021 | 3.7% | £402pcm |
| April 2020 | 3.5% | £387pcm |
| April 2019 | 2% | £374pcm |
| April 2018 | 0.7% | £367pcm |
| April 2017 | -1.3% | £364pcm |
| April 2016 | 3.5% | £369pcm |
| April 2015 | 2.1% | £357pcm |
| April 2014 | -1.5% | £349pcm |
| April 2013 | 2.4% | £355pcm |
| April 2012 | -1.8% | £347pcm |
| April 2011 | 1.8% | £353pcm |
| April 2010 | -0.8% | £347pcm |
| April 2009 | -6.1% | £349pcm |
| April 2008 | 0.5% | £372pcm |
| April 2007 | 0% | £370pcm |
NR33 7LZ is the 734th largest and the 15th most expensive postcode out of the 893 postcodes in the NR33 area.
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The closest station to NR33 7LZ is Oulton Broad South station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR33 7LZ, 55.1% of property is socially rented and 30.3% is privately owned outright.
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 NR33 7LZ, 7.3% of residents are recorded as possessing school level qualifications and 22.2% 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 NR33 7LZ, the average age was 46.4 and the most common age was 72.
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 NR33 7LZ, 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 NR33 7LZ, 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.
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.