Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 242, Normanston Drive, Lowestoft is a early-century freehold house with 1,819 ft2 of internal area and sits on a 530 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 242, Normanston Drive, Lowestoft is £325,148 and the estimated rental value is £1,629 per month.
Normanston Drive, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
242, Normanston Drive, Lowestoft has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 242, Normanston Drive, Lowestoft is in very good condition we estimate a sale value of £341,406 and a rental value of £1,711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,388 and a rental value of £1,515 per month.
Over the last 12 months the sale value of 242 Normanston Drive Lowestoft has decreased by an estimated £5,341 (1.6%) and its rental value has increased by an estimated £29 per month (1.8%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 242, Normanston Drive, Lowestoft sits on a plot of 530m2.
We have plot size data on 3 out of 4 other houses in the postcode and 242, Normanston Drive, Lowestoft sits on the largest plot.
242, Normanston Drive, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2023.
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, 242, Normanston Drive, Lowestoft was last sold on 26th March 2014 for £175,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has risen 86.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 242, Normanston Drive, Lowestoft within a radius of 780 metres over the last 2 years.
The most recent example is 57, Sands Lane, Lowestoft, NR32 3ER, a freehold house which sold for £390,000 on the 3rd May 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Normanston Drive, Lowestoft, NR32 has a total of 224 addresses. According to our analysis of all the public data, 242, Normanston Drive, Lowestoft is the 10th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in NR32.
The closest station to 242, Normanston Drive, Lowestoft is Oulton Broad North station which is 500 metres away.
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 242, Normanston Drive, Lowestoft, 59.2% of property is privately owned outright and 31.0% 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 242, Normanston Drive, Lowestoft, 13.4% of residents are recorded as possessing school level qualifications and 23.4% 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 242, Normanston Drive, Lowestoft, the average age was 44.6 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 242, Normanston Drive, Lowestoft, 0.7% 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 242, Normanston Drive, 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.
