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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, 24, Newark Road, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,230 ft2 of internal area and sits on a 440 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 24, Newark Road, Lowestoft is £311,458 and the estimated rental value is £1,080 per month.
Newark Road, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
24, Newark Road, Lowestoft has 21 entries in the Land Registry , most recently in November 2012 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 24, Newark Road, Lowestoft is in very good condition we estimate a sale value of £327,031 and a rental value of £1,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,656 and a rental value of £1,005 per month.
Over the last 12 months the sale value of 24 Newark Road Lowestoft has decreased by an estimated £8,467 (2.7%) and its rental value has increased by an estimated £19 per month (1.7%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 24, Newark Road, Lowestoft sits on a plot of 440m2.
We have plot size data on 20 out of 33 other houses in the postcode and 24, Newark Road, Lowestoft sits on the 2nd largest plot.
According to HM Land Registry, 24, Newark Road, Lowestoft was last sold on 30th November 2012 for £145,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2012, the market for similar properties has risen 119.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Newark Road, Lowestoft within a radius of 510 metres over the last 2 years.
The most recent example is 86, Kirkley Park Road, Lowestoft, NR33 0LG, a freehold house which sold for £271,500 on the 1st July 2022.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Road, Lowestoft, NR33 has a total of 33 addresses. According to our analysis of all the public data, 24, Newark Road, Lowestoft is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in NR33.
The closest station to 24, Newark Road, Lowestoft is Lowestoft station which is 1.4 kilometres 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 24, Newark Road, Lowestoft, 57.1% of property is privately owned outright and 25.4% 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 24, Newark Road, Lowestoft, 16.6% of residents are recorded as possessing school level qualifications and 19.5% 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 24, Newark Road, Lowestoft, the average age was 46.4 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 24, Newark Road, 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 24, Newark Road, Lowestoft, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
