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According to the public record, 3, Nursery Close, Lowestoft is a modern freehold house with 1,356 ft2 of internal area and sits on a 328 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 3, Nursery Close, Lowestoft is £364,257 and the estimated rental value is £1,515 per month.
Nursery Close, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
3, Nursery Close, Lowestoft has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, Nursery Close, Lowestoft is in very good condition we estimate a sale value of £382,470 and a rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,759 and a rental value of £1,409 per month.
Over the last 12 months the sale value of 3 Nursery Close Lowestoft has decreased by an estimated £5,983 (1.6%) and its rental value has increased by an estimated £27 per month (1.8%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 3, Nursery Close, Lowestoft sits on a plot of 328m2.
We have plot size data on 15 out of 21 other houses in the postcode and 3, Nursery Close, Lowestoft sits on the 5th largest plot.
3, Nursery Close, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 3, Nursery Close, Lowestoft was last sold on 5th January 2021 for £332,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Nursery Close, Lowestoft within a radius of 680 metres over the last 2 years.
The most recent example is 8, Nursery Close, Lowestoft, NR32 3FF, a freehold house which sold for £332,500 on the 13th November 2020.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nursery Close, Lowestoft, NR32 has a total of 26 addresses. According to our analysis of all the public data, 3, Nursery Close, Lowestoft is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in NR32.
The closest station to 3, Nursery Close, Lowestoft is Oulton Broad North station which is 900 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 3, Nursery Close, Lowestoft, 61.5% of property is privately owned outright and 28.5% 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 3, Nursery Close, Lowestoft, 12.3% of residents are recorded as possessing school level qualifications and 11.0% 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 3, Nursery Close, 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 3, Nursery Close, 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 3, Nursery Close, Lowestoft, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.