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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, 23, The Croft, Lowestoft is a modern leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, The Croft, Lowestoft is £56,186 and the estimated rental value is £370 per month.
The Croft, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
23, The Croft, Lowestoft has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 23, The Croft, Lowestoft is in very good condition we estimate a sale value of £58,995 and a rental value of £389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,253 and a rental value of £345 per month.
Over the last 12 months the sale value of 23 The Croft Lowestoft has decreased by an estimated £410 (0.7%) and its rental value has increased by an estimated £10 per month (2.6%), giving an expected gross yield of 7.9%.
23, The Croft, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 23, The Croft, Lowestoft was last sold on 2nd May 2008 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 23, The Croft, Lowestoft over the last 2 years.
The most recent example is 15, The Croft, Lowestoft, NR32 2BQ, a leasehold flat which sold for £63,000 on the 1st June 2021.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Croft, Lowestoft, NR32 has a total of 26 addresses. According to our analysis of all the public data, 23, The Croft, Lowestoft is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in NR32.
The closest station to 23, The Croft, Lowestoft is Lowestoft station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, The Croft, Lowestoft, 32.1% of property is privately rented and 29.9% is privately owned outright.
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 23, The Croft, Lowestoft, 19.6% of residents are recorded as possessing school level qualifications and 13.5% 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 23, The Croft, 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 23, The Croft, 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 23, The Croft, Lowestoft, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
