3, Stephen George Way
3, Stephen George Way
Description & Estimates
According to the public record, 3, Stephen George Way, Lowestoft is a modern freehold house with 1,711 ft2 of internal area.
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, Stephen George Way, Lowestoft is £471,688 and the estimated rental value is £1,650 per month.
Stephen George Way, Blundeston, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
Our Data Sources
3, Stephen George Way, Lowestoft has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Stephen George Way, Lowestoft is in very good condition we estimate a sale value of £495,272 and a rental value of £1,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,670 and a rental value of £1,534 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Stephen George Way, Lowestoft has fallen by £9,944 (2.1%), while its estimated rental value has moved up by £34 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Energy Efficiency
3, Stephen George Way, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 3, Stephen George Way, Lowestoft was last sold on 28th November 2022 for £540,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped by 19.4%.
- Sold Nov 2022£540,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Stephen George Way, Lowestoft within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 7, Pheasant Drive, Lowestoft, NR32 5DY, a freehold house which sold for £520,000 on the 30th July 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Stephen George Way, Blundeston, Lowestoft, NR32 has a total of 11 addresses. According to our analysis of all the public data, 3, Stephen George Way, Lowestoft is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in NR32.
More reading links
Schools Nearby
- 500mBlundeston Church of England Voluntary Controlled Primary School
- 2.5kmThe Limes Primary Academy
- 2.7kmGunton Primary Academy
- 2.3kmBenjamin Britten Academy of Music and Mathematics
- 3.7kmOrmiston Denes Academy
- 5.0kmEast Point Academy
More reading links
Public Transport Nearby
The closest station to 3, Stephen George Way, Lowestoft is Somerleyton station, which is 3.6 kilometres away.
- 3.6kmSomerleyton
- 3.8kmOulton Broad North
- 4.6kmOulton Broad South
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
