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According to the public record, 2, Lavender Close, Lowestoft is a modern house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lavender Close, Lowestoft is £297,919 and the estimated rental value is £1,028 per month.
Lavender Close, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
2, Lavender Close, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data 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, Lavender Close, Lowestoft is in very good condition we estimate a sale value of £312,815 and a rental value of £1,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,065 and a rental value of £956 per month.
Over the last 12 months the sale value of 2 Lavender Close Lowestoft has decreased by an estimated £7,430 (2.5%) and its rental value has increased by an estimated £20 per month (1.9%), giving an expected gross yield of 4.1%.
2, Lavender Close, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lavender Close, Lowestoft within a radius of 590 metres over the last 2 years.
The most recent example is 29, Planters Grove, Lowestoft, NR33 9QL, a freehold house which sold for £275,000 on the 2nd September 2022.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lavender Close, Lowestoft, NR33 has a total of 4 addresses. According to our analysis of all the public data, 2, Lavender Close, Lowestoft is the largest and the most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in NR33.
The closest station to 2, Lavender Close, Lowestoft is Oulton Broad South station which is 800 metres 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, Lavender Close, Lowestoft, 41.4% of property is privately owned outright and 31.9% 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, Lavender Close, Lowestoft, 16.4% of residents are recorded as possessing school level qualifications and 18.9% 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, Lavender Close, Lowestoft, the average age was 44.6 and the most common age was 72.
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, Lavender Close, 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, Lavender Close, Lowestoft, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.