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According to the public record, 262, Gorleston Road, Lowestoft is a period freehold house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 262, Gorleston Road, Lowestoft is £275,492 and the estimated rental value is £1,249 per month.
Gorleston Road, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
262, Gorleston Road, Lowestoft has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated August 2013.
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 262, Gorleston Road, Lowestoft is in very good condition we estimate a sale value of £289,266 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,207 and a rental value of £1,162 per month.
Over the last 12 months the sale value of 262 Gorleston Road Lowestoft has decreased by an estimated £3,220 (1.2%) and its rental value has increased by an estimated £27 per month (2.2%), giving an expected gross yield of 5.4%.
262, Gorleston Road, Lowestoft has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 27 Aug 2013.
The property is not connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 262, Gorleston Road, Lowestoft was last sold on 5th November 2013 for £157,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen 72.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 262, Gorleston Road, Lowestoft within a radius of 720 metres over the last 2 years.
The most recent example is 12, Dunston Drive, Lowestoft, NR32 3BZ, a freehold house which sold for £255,500 on the 10th October 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorleston Road, Lowestoft, NR32 has a total of 204 addresses. According to our analysis of all the public data, 262, Gorleston Road, Lowestoft is the 106th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in NR32.
The closest station to 262, Gorleston Road, Lowestoft is Oulton Broad North station which is 1.5 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 262, Gorleston Road, Lowestoft, 31.6% of property is socially rented and 28.6% 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 262, Gorleston Road, Lowestoft, 17.8% of residents are recorded as possessing school level qualifications and 18.1% 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 262, Gorleston Road, Lowestoft, the average age was 47.4 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 262, Gorleston 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 262, Gorleston Road, Lowestoft, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.