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According to the public record, 116, Somerton Avenue, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 515 ft2 of internal area and sits on a 156 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Somerton Avenue, Lowestoft is £126,412 and the estimated rental value is £663 per month.
Somerton Avenue, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
116, Somerton Avenue, Lowestoft has 31 entries in the Land Registry , most recently in April 2012 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 5 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 116, Somerton Avenue, Lowestoft is in very good condition we estimate a sale value of £132,732 and a rental value of £696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,563 and a rental value of £617 per month.
Over the last 12 months the sale value of 116 Somerton Avenue Lowestoft has decreased by an estimated £721 (0.6%) and its rental value has increased by an estimated £24 per month (3.6%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 116, Somerton Avenue, Lowestoft sits on a plot of 156m2.
We have plot size data on 43 out of 64 other houses in the postcode and 116, Somerton Avenue, Lowestoft sits on the 9th largest plot.
According to HM Land Registry, 116, Somerton Avenue, Lowestoft was last sold on 30th April 2012 for £60,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2012, the market for similar properties has risen 127.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 116, Somerton Avenue, Lowestoft within a radius of 560 metres over the last 2 years.
The most recent example is 5, Churchill Close, Lowestoft, NR32 4AP, a freehold house which sold for £150,000 on the 22nd September 2021.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerton Avenue, Lowestoft, NR32 has a total of 97 addresses. According to our analysis of all the public data, 116, Somerton Avenue, Lowestoft is the 96th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NR32.
The closest station to 116, Somerton Avenue, Lowestoft is Lowestoft station which is 1.6 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 116, Somerton Avenue, Lowestoft, 43.0% of property is privately owned outright and 32.7% is privately rented.
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 116, Somerton Avenue, Lowestoft, 10.8% of residents are recorded as possessing school level qualifications and 21.6% 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 116, Somerton Avenue, Lowestoft, the average age was 39.9 and the most common age was 12.
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 116, Somerton Avenue, Lowestoft, 1.0% 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 116, Somerton Avenue, Lowestoft, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.