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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
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According to the public record, 29, Park Road, Lowestoft is a period freehold house with 592 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 29, Park Road, Lowestoft is £119,553 and the estimated rental value is £726 per month.
Park Road, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
29, Park Road, Lowestoft has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated March 2023.
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 29, Park Road, Lowestoft is in very good condition we estimate a sale value of £125,530 and a rental value of £762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,184 and a rental value of £675 per month.
Over the last 12 months the sale value of 29 Park Road Lowestoft has decreased by an estimated £1,397 (1.2%) and its rental value has increased by an estimated £16 per month (2.2%), giving an expected gross yield of 7.3%.
29, Park Road, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 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, 29, Park Road, Lowestoft was last sold on 2nd April 2007 for £106,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 166.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Park Road, Lowestoft within a radius of 370 metres over the last 2 years.
The most recent example is 37, Edinburgh Road, Lowestoft, NR32 1SU, a freehold house which sold for £125,000 on the 24th May 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Lowestoft, NR32 has a total of 147 addresses. According to our analysis of all the public data, 29, Park Road, Lowestoft is the 86th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in NR32.
The closest station to 29, Park Road, Lowestoft is Lowestoft station which is 1.1 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 29, Park Road, Lowestoft, 47.4% of property is privately rented and 20.2% is socially rented.
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 29, Park Road, Lowestoft, 23.7% of residents are recorded as possessing school level qualifications and 16.2% 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 29, Park Road, Lowestoft, the average age was 41.9 and the most common age was 57.
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 29, Park 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 29, Park Road, 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.
