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According to the public record, 2, Glebe Crescent, Lowestoft is a modern freehold house with 1,485 ft2 of internal area.
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 2, Glebe Crescent, Lowestoft is £384,679 and the estimated rental value is £1,611 per month.
Glebe Crescent, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
2, Glebe Crescent, Lowestoft has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Glebe Crescent, Lowestoft is in very good condition we estimate a sale value of £403,913 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,752 and a rental value of £1,498 per month.
Over the last 12 months the sale value of 2 Glebe Crescent Lowestoft has decreased by an estimated £6,319 (1.6%) and its rental value has increased by an estimated £29 per month (1.8%), giving an expected gross yield of 5%.
2, Glebe Crescent, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2, Glebe Crescent, Lowestoft was last sold on 26th May 2022 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Glebe Crescent, Lowestoft within a radius of 860 metres over the last 2 years.
The most recent example is 11, Glebe Crescent, Lowestoft, NR32 4XB, a freehold house which sold for £425,000 on the 21st April 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Crescent, Lowestoft, NR32 has a total of 30 addresses. According to our analysis of all the public data, 2, Glebe Crescent, Lowestoft is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in NR32.
The closest station to 2, Glebe Crescent, Lowestoft is Oulton Broad North station which is 2.3 kilometres away.
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, Glebe Crescent, 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 2, Glebe Crescent, 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 2, Glebe Crescent, 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 2, Glebe Crescent, 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 2, Glebe Crescent, 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.