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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, 2, Borrow Close, Lowestoft is a mid-century house with 602 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Borrow Close, Lowestoft is £167,710 and the estimated rental value is £808 per month.
Borrow Close, Carlton Colville, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
2, Borrow Close, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
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 2, Borrow Close, Lowestoft is in very good condition we estimate a sale value of £176,096 and a rental value of £848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,970 and a rental value of £751 per month.
Over the past 12 months, the estimated sale value of 2, Borrow Close, Lowestoft has decreased by £1,899 (1.1%), while its estimated rental value has grown by £26 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.8%.
2, Borrow Close, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Borrow Close, Lowestoft within a radius of 650 metres over the last 2 years.
The most recent example is 8, Rounces Lane, Lowestoft, NR33 8AJ, a freehold house which sold for £200,000 on the 23rd October 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrow Close, Carlton Colville, Lowestoft, NR33 has a total of 46 addresses. According to our analysis of all the public data, 2, Borrow Close, Lowestoft is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in NR33.
The closest station to 2, Borrow Close, Lowestoft is Oulton Broad South station, which is 2.1 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 2, Borrow Close, Lowestoft, 34.8% of property is privately owned outright and 26.1% 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 2, Borrow Close, Lowestoft, 16.5% of residents are recorded as possessing school level qualifications and 15.1% 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 2, Borrow Close, Lowestoft, the average age was 42.5 and the most common age was 52.
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 2, Borrow Close, Lowestoft, 0.8% 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 2, Borrow Close, Lowestoft, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
