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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
According to the public record, 2, Knights Court, Lowestoft is a modern leasehold apartment with 484 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 2, Knights Court, Lowestoft is £84,417 and the estimated rental value is £503 per month.
Knights Court, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
2, Knights Court, Lowestoft has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated April 2019.
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.
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, Knights Court, Lowestoft is in very good condition we estimate a sale value of £88,638 and a rental value of £528 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,508 and a rental value of £468 per month.
Over the last 12 months the sale value of 2 Knights Court Lowestoft has decreased by an estimated £180 (0.2%) and its rental value has increased by an estimated £21 per month (4.2%), giving an expected gross yield of 7.2%.
2, Knights Court, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Knights Court, Lowestoft was last sold on 19th March 2019 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Knights Court, Lowestoft within a radius of 360 metres over the last 2 years.
The most recent example is 58, Norwich Road, Lowestoft, NR32 2BP, a leasehold flat which sold for £92,500 on the 11th October 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knights Court, Lowestoft, NR32 has a total of 14 addresses. According to our analysis of all the public data, 2, Knights Court, Lowestoft is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in NR32.
The closest station to 2, Knights Court, Lowestoft is Lowestoft station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Knights Court, Lowestoft, 54.3% of property is privately rented and 17.1% 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 2, Knights Court, Lowestoft, 23.7% 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 2, Knights Court, 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 2, Knights Court, 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, Knights Court, 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.
