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According to the public record, 122, Victoria Road, Lowestoft is a period Leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 122, Victoria Road, Lowestoft is £247,391 and the estimated rental value is £987 per month.
The apartment is within 122, Victoria Road, Lowestoft, NR33.
Victoria Road, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
122, Victoria Road, Lowestoft has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated March 2024.
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 122, Victoria Road, Lowestoft is in very good condition we estimate a sale value of £259,760 and a rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,074 and a rental value of £918 per month.
Over the last 12 months the sale value of 122 Victoria Road Lowestoft has decreased by an estimated £2,567 (1.0%) and its rental value has increased by an estimated £34 per month (3.4%), giving an expected gross yield of 4.8%.
122, Victoria Road, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 122, Victoria Road, Lowestoft was last sold on 26th April 2022 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 39.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 122, Victoria Road, Lowestoft over the last 2 years.
The most recent example is 126, Victoria Road, Lowestoft, NR33 9LU, a freehold house which sold for £136,000 on the 22nd October 2021.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Lowestoft, NR33 has a total of 216 addresses. According to our analysis of all the public data, 122, Victoria Road, Lowestoft is the 149th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in NR33.
The closest station to 122, Victoria Road, Lowestoft is Oulton Broad South station which is 600 metres 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 122, Victoria Road, Lowestoft, 54.9% of property is privately owned outright and 33.8% 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 122, Victoria Road, Lowestoft, 22.2% of residents are recorded as possessing school level qualifications and 32.9% 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 122, Victoria Road, Lowestoft, the average age was 44.6 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 122, Victoria 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 122, Victoria Road, Lowestoft, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
