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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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According to the public record, 16, Park Meadows, Lowestoft is a mid-century house with 1,399 ft2 of internal area and sits on a 448 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 16, Park Meadows, Lowestoft is £374,073 and the estimated rental value is £1,512 per month.
Park Meadows, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
16, Park Meadows, Lowestoft has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 16, Park Meadows, Lowestoft is in very good condition we estimate a sale value of £392,776 and a rental value of £1,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,888 and a rental value of £1,406 per month.
Over the last 12 months the sale value of 16 Park Meadows Lowestoft has decreased by an estimated £6,144 (1.6%) and its rental value has increased by an estimated £27 per month (1.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 16, Park Meadows, Lowestoft sits on a plot of 448m2.
We have plot size data on 20 out of 20 other houses in the postcode and 16, Park Meadows, Lowestoft sits on the 2nd largest plot.
16, Park Meadows, Lowestoft has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Park Meadows, Lowestoft was last sold on 20th February 2003 for £219,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Park Meadows, Lowestoft within a radius of 970 metres over the last 2 years.
The most recent example is 5, Glebe Crescent, Lowestoft, NR32 4XB, a freehold house which sold for £388,050 on the 26th January 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Meadows, Lowestoft, NR32 has a total of 20 addresses. According to our analysis of all the public data, 16, Park Meadows, Lowestoft is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in NR32.
The closest station to 16, Park Meadows, Lowestoft is Oulton Broad North station which is 2.5 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 16, Park Meadows, Lowestoft, 55.1% of property is privately owned outright and 38.1% 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 16, Park Meadows, Lowestoft, 20.5% of residents are recorded as possessing school level qualifications and 35.4% 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 16, Park Meadows, 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 16, Park Meadows, 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 16, Park Meadows, Lowestoft, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
