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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, Prospect Road, Lowestoft is a mid-century house with 2,357 ft2 of internal area and sits on a 3,709 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Prospect Road, Lowestoft is £560,387 and the estimated rental value is £2,326 per month.
Prospect Road, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
1, Prospect Road, Lowestoft has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property 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, Prospect Road, Lowestoft is in very good condition we estimate a sale value of £588,407 and a rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £521,160 and a rental value of £2,163 per month.
Over the last 12 months the sale value of 1 Prospect Road Lowestoft has decreased by an estimated £11,399 (2.0%) and its rental value has increased by an estimated £30 per month (1.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 1, Prospect Road, Lowestoft sits on a plot of 3709m2.
We have plot size data on 27 out of 38 other houses in the postcode and 1, Prospect Road, Lowestoft sits on the largest plot.
1, Prospect Road, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 1, Prospect Road, Lowestoft was last sold on 31st January 2000 for £177,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Prospect Road, Lowestoft within a radius of 970 metres over the last 2 years.
The most recent example is 2, Borrow Road, Lowestoft, NR32 3PN, a freehold house which sold for £507,500 on the 22nd February 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Lowestoft, NR32 has a total of 38 addresses. According to our analysis of all the public data, 1, Prospect Road, Lowestoft is the 2nd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £333k more expensive than the average property in NR32.
The closest station to 1, Prospect Road, Lowestoft is Oulton Broad North station which is 1.2 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, Prospect Road, Lowestoft, 66.9% of property is privately owned outright and 27.7% 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, Prospect Road, Lowestoft, 18.3% of residents are recorded as possessing school level qualifications and 35.5% 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, Prospect Road, 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, Prospect Road, Lowestoft, 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 1, Prospect Road, Lowestoft, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
