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According to the public record, 2, Mulberry Close, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,215 ft2 of internal area and sits on a 352 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mulberry Close, Lowestoft is £365,120 and the estimated rental value is £1,179 per month.
Mulberry Close, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
2, Mulberry Close, Lowestoft has a single entry in the Land Registry from November 2011 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 2 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, Mulberry Close, Lowestoft is in very good condition we estimate a sale value of £383,377 and a rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,562 and a rental value of £1,097 per month.
Over the last 12 months the sale value of 2 Mulberry Close Lowestoft has decreased by an estimated £9,926 (2.7%) and its rental value has increased by an estimated £20 per month (1.7%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2, Mulberry Close, Lowestoft sits on a plot of 352m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Mulberry Close, Lowestoft sits on the 6th largest plot.
According to HM Land Registry, 2, Mulberry Close, Lowestoft was last sold on 25th November 2011 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2011, the market for similar properties has risen 73.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mulberry Close, Lowestoft within a radius of 690 metres over the last 2 years.
The most recent example is 2, Meadowsweet Close, Lowestoft, NR33 8RS, a freehold house which sold for £370,000 on the 23rd August 2024.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mulberry Close, Lowestoft, NR33 has a total of 8 addresses. According to our analysis of all the public data, 2, Mulberry Close, Lowestoft is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in NR33.
The closest station to 2, Mulberry Close, Lowestoft is Oulton Broad South station which is 600 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 2, Mulberry Close, Lowestoft, 63.7% of property is privately owned outright and 23.7% 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, Mulberry Close, Lowestoft, 9.5% of residents are recorded as possessing school level qualifications and 18.1% 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, Mulberry Close, Lowestoft, the average age was 50.4 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, Mulberry 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, Mulberry 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.