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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, Union Road, Lowestoft is a period freehold house with 527 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Union Road, Lowestoft is £115,931 and the estimated rental value is £694 per month.
Union Road, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
29, Union Road, Lowestoft has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated July 2014.
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, Union Road, Lowestoft is in very good condition we estimate a sale value of £121,728 and a rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,816 and a rental value of £646 per month.
Over the last 12 months the sale value of 29 Union Road Lowestoft has decreased by an estimated £1,352 (1.2%) and its rental value has increased by an estimated £16 per month (2.3%), giving an expected gross yield of 7.2%.
29, Union Road, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2014.
The property is not 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, Union Road, Lowestoft was last sold on 6th April 2022 for £90,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Union Road, Lowestoft within a radius of 380 metres over the last 2 years.
The most recent example is 20, Union Road, Lowestoft, NR32 2BZ, a freehold house which sold for £120,000 on the 9th December 2022.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Road, Lowestoft, NR32 has a total of 23 addresses. According to our analysis of all the public data, 29, Union Road, Lowestoft is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in NR32.
The closest station to 29, Union Road, Lowestoft is Lowestoft station which is 600 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Union Road, Lowestoft, 49.1% of property is privately rented and 20.8% 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 29, Union Road, Lowestoft, 15.2% of residents are recorded as possessing school level qualifications and 9.9% 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, Union Road, 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 29, Union 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, Union Road, Lowestoft, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
