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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Desmond Close, Lowestoft is a mid-century freehold house with 1,840 ft2 of internal area and sits on a 460 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Desmond Close, Lowestoft is £407,446 and the estimated rental value is £1,733 per month.
Desmond Close, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
1, Desmond Close, Lowestoft has 41 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Desmond Close, Lowestoft is in very good condition we estimate a sale value of £427,818 and a rental value of £1,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,925 and a rental value of £1,612 per month.
Over the last 12 months the sale value of 1 Desmond Close Lowestoft has decreased by an estimated £6,693 (1.6%) and its rental value has increased by an estimated £31 per month (1.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 1, Desmond Close, Lowestoft sits on a plot of 460m2.
We have plot size data on 8 out of 12 other houses in the postcode and 1, Desmond Close, Lowestoft sits on the largest plot.
1, Desmond Close, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and radiators, mains gas.
According to HM Land Registry, 1, Desmond Close, Lowestoft was last sold on 22nd February 2024 for £418,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since February 2024, the market for similar properties has dropped 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Desmond Close, Lowestoft within a radius of 650 metres over the last 2 years.
The most recent example is 16, Longfield Way, Lowestoft, NR32 3LD, a freehold house which sold for £375,000 on the 8th November 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Desmond Close, Lowestoft, NR32 has a total of 12 addresses. According to our analysis of all the public data, 1, Desmond Close, Lowestoft is the largest and the most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in NR32.
The closest station to 1, Desmond Close, Lowestoft is Oulton Broad North station which is 1.0 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Desmond Close, Lowestoft, 45.9% of property is privately owned with a mortgage and 45.2% 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 1, Desmond Close, Lowestoft, 19.0% of residents are recorded as possessing school level qualifications and 26.0% 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 1, Desmond Close, Lowestoft, 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 1, Desmond Close, Lowestoft, 1.1% 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 1, Desmond Close, Lowestoft, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
