1, Stephen George Way
1, Stephen George Way
Description & Estimates
1, Stephen George Way, Lowestoft is recorded publicly as a modern freehold house across 1,819 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Stephen George Way, Lowestoft is £492,515 and its rental estimate is £1,722 per month, given the available information and assuming reasonable condition.
Stephen George Way, Blundeston, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
Our Data Sources
1, Stephen George Way, Lowestoft has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Stephen George Way, Lowestoft, we estimate a market value of £517,141 and a rental value of £1,809 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £458,039 and £1,602 per month respectively.
Recent Market Change
Over the last year, 1, Stephen George Way, Lowestoft has seen its estimated sale value decline by £10,384 (2.1%) and its estimated rental value climb by £36 per month (2.1%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
1, Stephen George Way, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 1, Stephen George Way, Lowestoft completed on 20th April 2023 at £600,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.8% over the period since April 2023.
- Sold Apr 2023£600,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Stephen George Way, Lowestoft have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th May 2023, was 4, Stephen George Way, Lowestoft, NR32 5DX, a freehold house which sold for £595,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Stephen George Way, Blundeston, Lowestoft, NR32, 1, Stephen George Way, Lowestoft comes out as the largest and the most expensive in our analysis of the public data.
It is also £265k more expensive than the average property across the NR32 district.
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Schools Nearby
- 500mBlundeston Church of England Voluntary Controlled Primary School
- 2.5kmThe Limes Primary Academy
- 2.7kmGunton Primary Academy
- 2.3kmBenjamin Britten Academy of Music and Mathematics
- 3.7kmOrmiston Denes Academy
- 5.0kmEast Point Academy
More reading links
Public Transport Nearby
From 1, Stephen George Way, Lowestoft, the nearest station is Somerleyton, 3.6 kilometres away.
- 3.6kmSomerleyton
- 3.8kmOulton Broad North
- 4.6kmOulton Broad South
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
