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Pier Terrace is a residential street with 35 addresses.
It ranks as the 417th largest and 16th most expensive of the 583 streets in the NR33 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 35 properties: 35 flats.
Pier Terrace is a residential street with 35 addresses.
It ranks as the 417th largest and 16th most expensive of the 583 streets in the NR33 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 35 properties: 35 flats.
Sale prices range from £80,805 for studio leasehold flats (236 ft2) to £178,372 for 3 bedroom leasehold flats (1,184 ft2) .
Monthly rental prices range from £407 pcm for studio flats to £785 pcm for 3 bed flats.
The gross rental yield is between 5.3% and 6.1%.
The average value per square foot is £228.
The last sale on Pier Terrace sold for £130,000 on 28th March 2023. Since then prices are down an average of 2.6%.
The current average value in the street is £118,393.
The Pier Terrace Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £118,393 |
| May 2025 | 0.5% | £118,764 |
| May 2024 | -1.7% | £118,163 |
| May 2023 | 0% | £120,241 |
| May 2022 | 9.7% | £120,278 |
| May 2021 | 7.2% | £109,666 |
| May 2020 | 2.9% | £102,319 |
| May 2019 | 1.6% | £99,469 |
| May 2018 | 1.2% | £97,923 |
| May 2017 | 6% | £96,720 |
| May 2016 | 3.8% | £91,270 |
| May 2015 | 7.9% | £87,889 |
| May 2014 | 6.6% | £81,450 |
| May 2013 | -1.1% | £76,420 |
| May 2012 | -1.9% | £77,284 |
| May 2011 | -4.1% | £78,792 |
| May 2010 | 5.3% | £82,127 |
| May 2009 | -14.8% | £77,989 |
| May 2008 | -0.8% | £91,572 |
| May 2007 | 0% | £92,272 |
The current average rental value in the street is £587.
The Pier Terrace Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £587pcm |
| May 2025 | 4% | £564pcm |
| May 2024 | 8.2% | £543pcm |
| May 2023 | 4.8% | £501pcm |
| May 2022 | 6% | £479pcm |
| May 2021 | 6.4% | £451pcm |
| May 2020 | 2.8% | £424pcm |
| May 2019 | 1.4% | £413pcm |
| May 2018 | 0.1% | £407pcm |
| May 2017 | -0.7% | £407pcm |
| May 2016 | 3.4% | £409pcm |
| May 2015 | 1.6% | £396pcm |
| May 2014 | -0.1% | £390pcm |
| May 2013 | 2.2% | £390pcm |
| May 2012 | 0.3% | £381pcm |
| May 2011 | 1.6% | £380pcm |
| May 2010 | 0.9% | £374pcm |
| May 2009 | -8.2% | £371pcm |
| May 2008 | 0.7% | £404pcm |
| May 2007 | 0% | £401pcm |
The last sale was on 28th March 2023 for £130,000 and since then the market in the area has decreased by 2.6%. The street has had a total of 6 sales since 1995.
Pier Terrace, Lowestoft, NR33 has seen 1 sale in the last three years and no sales in the last twelve months.
Pier Terrace, Lowestoft, NR33 is the 417th largest and the 16th most expensive street in the NR33 area.
There is 1 postcode on Pier Terrace, Lowestoft, NR33.
The closest station to Pier Terrace, Lowestoft, NR33 is Lowestoft station which is 200 metres away.
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