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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, The Shires, Lowestoft is a modern freehold house with 1,539 ft2 of internal area and sits on a 683 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, The Shires, Lowestoft is £484,283 and the estimated rental value is £1,957 per month.
The Shires, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
1, The Shires, Lowestoft has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, The Shires, Lowestoft is in very good condition we estimate a sale value of £508,497 and a rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,383 and a rental value of £1,820 per month.
Over the last 12 months the sale value of 1 The Shires Lowestoft has decreased by an estimated £7,955 (1.6%) and its rental value has increased by an estimated £35 per month (1.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 1, The Shires, Lowestoft sits on a plot of 683m2.
We have plot size data on 9 out of 9 other houses in the postcode and 1, The Shires, Lowestoft sits on the 6th largest plot.
1, The Shires, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, The Shires, Lowestoft was last sold on 29th November 2019 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Shires, Lowestoft within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 20, The Woodlands, Lowestoft, NR32 5EY, a freehold house which sold for £510,000 on the 28th June 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Shires, Lowestoft, NR32 has a total of 9 addresses. According to our analysis of all the public data, 1, The Shires, Lowestoft is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £257k more expensive than the average property in NR32.
The closest station to 1, The Shires, Lowestoft is Oulton Broad North station which is 3.8 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, The Shires, Lowestoft, 61.7% of property is privately owned outright and 31.9% 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, The Shires, Lowestoft, 16.9% of residents are recorded as possessing school level qualifications and 35.0% 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, The Shires, 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, The Shires, Lowestoft, 1.8% 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, The Shires, Lowestoft, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
