224, Oulton Road
224, Oulton Road
Description & Estimates
224, Oulton Road, Lowestoft is recorded publicly as a modern freehold house across 1,216 ft2 of internal area, sitting on a 596 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 224, Oulton Road, Lowestoft is £358,247 and its rental estimate is £1,304 per month, given the available information and assuming reasonable condition.
Oulton Road, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
Our Data Sources
224, Oulton Road, Lowestoft has 31 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 224, Oulton Road, Lowestoft, we estimate a market value of £376,159 and a rental value of £1,369 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £333,169 and £1,213 per month respectively.
Recent Market Change
Over the last year, 224, Oulton Road, Lowestoft has seen its estimated sale value fall by £7,553 (2.1%) and its estimated rental value move up by £27 per month (2.1%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 224, Oulton Road, Lowestoft as measuring 596 m2.
That makes it the 2nd largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
224, Oulton Road, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 224, Oulton Road, Lowestoft completed on 4th August 2023 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 11.8% over the period since August 2023.
- Sold Aug 2023£360,000
- Sold Sep 2003£225,000
- Sold Nov 2000£41,700
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 224, Oulton Road, Lowestoft have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 226, Oulton Road, Lowestoft, NR32 4GZ, a freehold house which sold for £335,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 141 addresses on Oulton Road, Lowestoft, NR32, 224, Oulton Road, Lowestoft comes out as the 19th largest and the 7th most expensive in our analysis of the public data.
It is also £130k more expensive than the average property across the NR32 district.
More reading links
Schools Nearby
- 400mWoods Loke Primary School
- 1.2kmThe Limes Primary Academy
- 1.3kmPoplars Community Primary School
- 700mBenjamin Britten Academy of Music and Mathematics
- 1.5kmOrmiston Denes Academy
- 2.5kmEast Point Academy
More reading links
Public Transport Nearby
From 224, Oulton Road, Lowestoft, the nearest station is Oulton Broad North, 1.6 kilometres away.
- 1.6kmOulton Broad North
- 2.4kmLowestoft
- 2.7kmOulton Broad South
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
