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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, Summer Road, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 376 ft2 of internal area and sits on a 68 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 16, Summer Road, Lowestoft is £85,678 and the estimated rental value is £513 per month.
Summer Road, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
16, Summer Road, Lowestoft has a single entry in the Land Registry from October 2014 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 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, Summer Road, Lowestoft is in very good condition we estimate a sale value of £89,962 and a rental value of £539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,680 and a rental value of £477 per month.
Over the last 12 months the sale value of 16 Summer Road Lowestoft has decreased by an estimated £999 (1.2%) and its rental value has increased by an estimated £12 per month (2.3%), giving an expected gross yield of 7.2%.
According to data from HM Land Registry, 16, Summer Road, Lowestoft sits on a plot of 68m2.
We have plot size data on 15 out of 20 other houses in the postcode and 16, Summer Road, Lowestoft sits on the 11th largest plot.
According to HM Land Registry, 16, Summer Road, Lowestoft was last sold on 21st October 2014 for £75,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 176.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Summer Road, Lowestoft within a radius of 390 metres over the last 2 years.
The most recent example is 50, Milton Road West, Lowestoft, NR32 1SA, a freehold house which sold for £63,500 on the 7th November 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summer Road, Lowestoft, NR32 has a total of 20 addresses. According to our analysis of all the public data, 16, Summer Road, Lowestoft is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in NR32.
The closest station to 16, Summer Road, Lowestoft is Lowestoft station which is 300 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 16, Summer Road, Lowestoft, 42.1% of property is privately rented and 20.2% is socially 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 16, Summer Road, Lowestoft, 23.0% of residents are recorded as possessing school level qualifications and 13.9% 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 16, Summer Road, Lowestoft, the average age was 37.7 and the most common age was 27.
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, Summer Road, Lowestoft, 0.5% 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, Summer Road, Lowestoft, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
