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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, Smiths Walk, Lowestoft is a modern freehold house with 1,302 ft2 of internal area and sits on a 400 m2 plot.
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, Smiths Walk, Lowestoft is £320,235 and the estimated rental value is £1,138 per month.
Smiths Walk, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
2, Smiths Walk, Lowestoft has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Smiths Walk, Lowestoft is in very good condition we estimate a sale value of £336,247 and a rental value of £1,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,819 and a rental value of £1,058 per month.
Over the last 12 months the sale value of 2 Smiths Walk Lowestoft has decreased by an estimated £8,705 (2.7%) and its rental value has increased by an estimated £20 per month (1.7%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2, Smiths Walk, Lowestoft sits on a plot of 400m2.
We have plot size data on 20 out of 36 other houses in the postcode and 2, Smiths Walk, Lowestoft sits on the 6th largest plot.
2, Smiths Walk, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Smiths Walk, Lowestoft was last sold on 8th June 2018 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Smiths Walk, Lowestoft within a radius of 900 metres over the last 2 years.
The most recent example is 10, Ivy Lane, Lowestoft, NR33 8QH, a freehold house which sold for £318,000 on the 11th October 2021.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smiths Walk, Lowestoft, NR33 has a total of 36 addresses. According to our analysis of all the public data, 2, Smiths Walk, Lowestoft is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in NR33.
The closest station to 2, Smiths Walk, 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, Smiths Walk, Lowestoft, 52.2% of property is privately owned outright and 35.8% 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, Smiths Walk, Lowestoft, 17.4% of residents are recorded as possessing school level qualifications and 19.9% 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, Smiths Walk, 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, Smiths Walk, Lowestoft, 1.0% 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, Smiths Walk, 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.
