14, Spruce Court
14, Spruce Court
Description & Estimates
According to the public record, 14, Spruce Court, Lowestoft is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Spruce Court, Lowestoft is £92,049 and the estimated rental value is £509 per month.
Spruce Court, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
Our Data Sources
14, Spruce Court, Lowestoft has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated June 2023.
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 14, Spruce Court, Lowestoft is in very good condition we estimate a sale value of £96,652 and a rental value of £534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,606 and a rental value of £473 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 14, Spruce Court, Lowestoft has declined by £196 (0.2%), while its estimated rental value has climbed by £21 per month (4.2%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
14, Spruce Court, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 14, Spruce Court, Lowestoft was last sold on 14th May 2008 for £31,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen by 33.6%.
- Sold May 2008£31,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Spruce Court, Lowestoft within a radius of 560 metres over the last 2 years.
The most recent example is 17, Spruce Court, Lowestoft, NR32 2SY, a leasehold flat which sold for £73,000 on the 8th February 2019.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spruce Court, Lowestoft, NR32 has a total of 47 addresses. According to our analysis of all the public data, 14, Spruce Court, Lowestoft is the 44th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in NR32.
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Schools Nearby
- 300mNorthfield St Nicholas Primary Academy
- 400mSt Margaret's Primary Academy
- 500mPoplars Community Primary School
- 700mOrmiston Denes Academy
- 1.5kmBenjamin Britten Academy of Music and Mathematics
- 2.1kmEast Point Academy
More reading links
Public Transport Nearby
The closest station to 14, Spruce Court, Lowestoft is Lowestoft station, which is 1.3 kilometres away.
- 1.3kmLowestoft
- 1.9kmOulton Broad North
- 2.9kmOulton Broad South
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
