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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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14, Homefield Avenue, Lowestoft is recorded publicly as an early-century freehold house across 1,130 ft2 of internal area, sitting on a 474 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 14, Homefield Avenue, Lowestoft is £245,788 and its rental estimate is £1,075 per month, given the available information and assuming reasonable condition.
Homefield Avenue, Lowestoft, NR33 falls within the NR33 postal district, in the borough of East Suffolk.
14, Homefield Avenue, Lowestoft has 3 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 14, Homefield Avenue, Lowestoft, we estimate a market value of £258,078 and a rental value of £1,128 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,583 and £1,000 per month respectively.
Over the last year, 14, Homefield Avenue, Lowestoft has seen its estimated sale value move down by £5,688 (2.3%) and its estimated rental value increase by £21 per month (2.0%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 14, Homefield Avenue, Lowestoft as measuring 474 m2.
That makes it the 10th largest plot in the postcode, where 24 of the 35 other houses have recorded plot data.
14, Homefield Avenue, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 14, Homefield Avenue, Lowestoft completed on 20th June 2024 at £226,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 10.6% over the period since June 2024.
Over the past 2 years 3 properties similar to 14, Homefield Avenue, Lowestoft have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 123, Long Road, Lowestoft, NR33 9DD, a freehold house which sold for £170,000.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 69 addresses on Homefield Avenue, Lowestoft, NR33, 14, Homefield Avenue, Lowestoft comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the NR33 district.
From 14, Homefield Avenue, Lowestoft, the nearest station is Oulton Broad South, 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Homefield Avenue, Lowestoft, 43.6% of property is privately owned outright and 23.1% 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 14, Homefield Avenue, Lowestoft, 12.8% of residents are recorded as possessing school level qualifications and 12.4% 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 14, Homefield Avenue, Lowestoft, the average age was 46.4 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 14, Homefield Avenue, 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 14, Homefield Avenue, Lowestoft, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
