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Union Road is a residential street with 23 addresses.
It ranks as the 376th largest and 75th most expensive of the 655 streets in the NR32 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 23 properties: 21 houses and 2 flats.
Union Road is a residential street with 23 addresses.
It ranks as the 376th largest and 75th most expensive of the 655 streets in the NR32 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 23 properties: 21 houses and 2 flats.
Sale prices range from £50,790 for 1 bedroom Leasehold flats (301 ft2) to £153,170 for 3 bedroom freehold houses with a garden (882 ft2) .
Monthly rental prices range from £335 pcm for 1 bed flats to £885 pcm for 3 bed houses.
The gross rental yield is between 6.9% and 7.9%.
The average value per square foot is £218.
The last sale on Union Road sold for £120,000 on 3rd April 2023. Since then prices are down an average of 3.0%.
The current average value in the street is £113,903.
The Union Road Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £113,903 |
| April 2025 | 2.1% | £114,758 |
| April 2024 | -3.1% | £112,360 |
| April 2023 | 2.4% | £115,983 |
| April 2022 | 10.4% | £113,243 |
| April 2021 | 8% | £102,560 |
| April 2020 | 3.5% | £94,955 |
| April 2019 | 2.2% | £91,763 |
| April 2018 | 1.9% | £89,777 |
| April 2017 | 7.3% | £88,086 |
| April 2016 | 5.4% | £82,089 |
| April 2015 | 8.3% | £77,902 |
| April 2014 | 7.7% | £71,923 |
| April 2013 | -1.6% | £66,769 |
| April 2012 | -1.6% | £67,837 |
| April 2011 | -4.7% | £68,963 |
| April 2010 | 4.4% | £72,397 |
| April 2009 | -15.3% | £69,357 |
| April 2008 | 0.2% | £81,860 |
| April 2007 | 0% | £81,664 |
The current average rental value in the street is £687.
The Union Road Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £687pcm |
| April 2025 | 4.4% | £670pcm |
| April 2024 | 4.2% | £642pcm |
| April 2023 | 8.2% | £616pcm |
| April 2022 | 7.8% | £569pcm |
| April 2021 | 6.8% | £528pcm |
| April 2020 | 4.1% | £494pcm |
| April 2019 | 2% | £475pcm |
| April 2018 | -0.2% | £465pcm |
| April 2017 | 0.7% | £466pcm |
| April 2016 | 4.1% | £463pcm |
| April 2015 | 1.6% | £445pcm |
| April 2014 | -0.3% | £438pcm |
| April 2013 | 0% | £439pcm |
| April 2012 | 2.3% | £439pcm |
| April 2011 | 0.8% | £429pcm |
| April 2010 | 0% | £425pcm |
| April 2009 | -6.4% | £425pcm |
| April 2008 | 2.5% | £454pcm |
| April 2007 | 0% | £444pcm |
The last sale was on 3rd April 2023 for £120,000 and since then the market in the area has decreased by 3.0%. The street has had a total of 50 sales since 1995.
Union Road, Lowestoft, NR32 has seen 1 sale in the last three years and no sales in the last twelve months.
Union Road, Lowestoft, NR32 is the 376th largest and the 75th most expensive street in the NR32 area.
There is 1 postcode on Union Road, Lowestoft, NR32.
The closest station to Union Road, Lowestoft, NR32 is Lowestoft station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Union Road, Lowestoft, NR32, 49.1% of property is privately rented and 20.8% 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 Union Road, Lowestoft, NR32, 15.2% of residents are recorded as possessing school level qualifications and 9.9% 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 Union Road, Lowestoft, NR32, 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 Union Road, Lowestoft, NR32, 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 Union Road, Lowestoft, NR32, there are an average of 0.8 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.