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According to the public record, 1, Middle Way, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,192 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Middle Way, Lowestoft is £329,547 and the estimated rental value is £1,387 per month.
Middle Way, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
1, Middle Way, Lowestoft has 21 entries in the Land Registry , most recently in April 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Middle Way, Lowestoft is in very good condition we estimate a sale value of £346,025 and a rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,479 and a rental value of £1,290 per month.
Over the last 12 months the sale value of 1 Middle Way Lowestoft has decreased by an estimated £5,413 (1.6%) and its rental value has increased by an estimated £25 per month (1.8%), giving an expected gross yield of 5.1%.
According to HM Land Registry, 1, Middle Way, Lowestoft was last sold on 8th April 2009 for £192,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2009, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Middle Way, Lowestoft within a radius of 760 metres over the last 2 years.
The most recent example is 19, Clover Way, Lowestoft, NR32 4JS, a freehold house which sold for £25,000 on the 12th September 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Middle Way, Lowestoft, NR32 has a total of 42 addresses. According to our analysis of all the public data, 1, Middle Way, Lowestoft is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in NR32.
The closest station to 1, Middle Way, Lowestoft is Lowestoft station which is 2.6 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, Middle Way, Lowestoft, 76.4% of property is privately owned outright and 14.2% 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 1, Middle Way, Lowestoft, 8.4% of residents are recorded as possessing school level qualifications and 21.4% 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 1, Middle Way, 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, Middle Way, Lowestoft, 1.4% 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 1, Middle Way, Lowestoft, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.