1 Well Cottages, Lowestoft
1 Well Cottages, Lowestoft
Description & Estimates
According to the public record, 1 Well Cottages, Lowestoft is a period freehold house with 1,097 ft2 of internal area and sits on a 457 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 Well Cottages, Lowestoft is £315,311 and the estimated rental value is £1,073 per month.
Gisleham, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
Our Data Sources
1 Well Cottages, Lowestoft has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated October 2017.
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.
Price Range & Condition
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 Well Cottages, Lowestoft is in very good condition we estimate a sale value of £331,077 and a rental value of £1,127 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,240 and a rental value of £998 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1 Well Cottages, Lowestoft has declined by £7,297 (2.3%), while its estimated rental value has climbed by £21 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, 1 Well Cottages, Lowestoft sits on a plot of 457 m2.
We have plot size data on 3 out of 8 other houses in the postcode and 1 Well Cottages, Lowestoft sits on the 3rd largest plot.
Energy Efficiency
1 Well Cottages, Lowestoft has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 1 Well Cottages, Lowestoft was last sold on 16th September 2019 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2019, the market for similar properties has risen by 14.1%.
- Sold Sep 2019£320,000
- Sold Feb 2018£181,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Well Cottages, Lowestoft within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 11, Heritage Green, Lowestoft, NR33 7UP, a freehold house which sold for £338,000 on the 13th December 2022.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gisleham, Lowestoft, NR33 has a total of 43 addresses. According to our analysis of all the public data, 1 Well Cottages, Lowestoft is the 21st largest and the 25th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in NR33.
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Schools Nearby
- 1.6kmCarlton Colville Primary School
- 1.7kmKessingland Church of England Primary Academy
- 3.1kmGrove Primary School
- 2.9kmPakefield High School
- 4.9kmEast Point Academy
- 7.6kmOrmiston Denes Academy
More reading links
Public Transport Nearby
The closest station to 1 Well Cottages, Lowestoft is Oulton Broad South station, which is 4.6 kilometres away.
- 4.6kmOulton Broad South
- 5.6kmOulton Broad North
- 6.2kmLowestoft
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
