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Palmer Close is a residential street with 8 addresses.
It ranks as the 145th largest and 546th most expensive of the 655 streets in the NR32 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
Palmer Close is a residential street with 8 addresses.
It ranks as the 145th largest and 546th most expensive of the 655 streets in the NR32 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
Sale prices range from £307,017 for 3 bedroom freehold houses with a garden (978 ft2) to £382,705 for 4 bedroom freehold houses with a garden (1,453 ft2) .
Monthly rental prices range from £1,264 pcm for 3 bed houses to £1,546 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 5.0%.
The average value per square foot is £286.
The last sale on Palmer Close sold for £229,995 on 2nd April 2015. Since then prices are up an average of 52.8%.
The current average value in the street is £338,056.
The Palmer Close Sales Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £338,056 |
| April 2025 | 0.9% | £343,911 |
| April 2024 | -3% | £340,879 |
| April 2023 | 3.8% | £351,471 |
| April 2022 | 11.2% | £338,458 |
| April 2021 | 8.1% | £304,258 |
| April 2020 | 4.1% | £281,348 |
| April 2019 | 2.3% | £270,184 |
| April 2018 | 2.7% | £264,016 |
| April 2017 | 9.6% | £257,006 |
| April 2016 | 6% | £234,545 |
| April 2015 | 9.4% | £221,202 |
| April 2014 | 8.3% | £202,104 |
| April 2013 | 0.5% | £186,575 |
| April 2012 | 0.2% | £185,639 |
| April 2011 | -3.5% | £185,311 |
| April 2010 | 6.2% | £192,045 |
| April 2009 | -11.9% | £180,814 |
| April 2008 | 2.6% | £205,293 |
| April 2007 | 0% | £200,075 |
The current average rental value in the street is £1,380.
The Palmer Close Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £1,380pcm |
| April 2025 | 3.2% | £1,358pcm |
| April 2024 | 4.3% | £1,316pcm |
| April 2023 | 9.6% | £1,261pcm |
| April 2022 | 8.6% | £1,150pcm |
| April 2021 | 6.9% | £1,059pcm |
| April 2020 | 4.8% | £990pcm |
| April 2019 | 2.1% | £945pcm |
| April 2018 | 0.6% | £926pcm |
| April 2017 | 2.9% | £920pcm |
| April 2016 | 4.7% | £894pcm |
| April 2015 | 2.7% | £854pcm |
| April 2014 | 0.3% | £831pcm |
| April 2013 | 2.1% | £829pcm |
| April 2012 | 4.2% | £812pcm |
| April 2011 | 2.1% | £779pcm |
| April 2010 | 1.8% | £763pcm |
| April 2009 | -2.7% | £750pcm |
| April 2008 | 4.8% | £771pcm |
| April 2007 | 0% | £736pcm |
The last sale was on 2nd April 2015 for £229,995 and since then the market in the area has increased by 52.8%. The street has had a total of 9 sales since 1995.
Palmer Close, Lowestoft, NR32 has seen no sales in the last three years and no sales in the last twelve months.
Palmer Close, Lowestoft, NR32 is the 145th largest and the 546th most expensive street in the NR32 area.
There is 1 postcode on Palmer Close, Lowestoft, NR32.
The closest station to Palmer Close, Lowestoft, NR32 is Oulton Broad North station which is 3.0 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Palmer Close, Lowestoft, NR32, 60.8% of property is privately owned outright and 24.6% 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 Palmer Close, Lowestoft, NR32, 9.5% of residents are recorded as possessing school level qualifications and 22.4% 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 Palmer Close, Lowestoft, NR32, the average age was 50.4 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 Palmer Close, Lowestoft, NR32, 0.4% 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 Palmer Close, Lowestoft, NR32, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.