3 Wells Cottages, Lowestoft
3 Wells Cottages, Lowestoft
Description & Estimates
Public records show 3 Wells Cottages, Lowestoft to be a period freehold house with 570 ft2 of internal area, sitting on a 69.7 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3 Wells Cottages, Lowestoft has an estimated sale value of £84,738 and an estimated rental value of £450 per month, assuming reasonable condition and based on the information available.
Raglan Street, Lowestoft, NR32 lies in the borough of East Suffolk, within the NR32 postal district.
Our Data Sources
3 Wells Cottages, Lowestoft has 3 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3 Wells Cottages, Lowestoft would be worth £88,975, with a potential rental value of £473 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,806, with a rental value of £419 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3 Wells Cottages, Lowestoft has dropped by £1,093 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (2.9%). The property's estimated gross yield is currently 6.4%.
Plot Size
3 Wells Cottages, Lowestoft occupies a 70 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3 Wells Cottages, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2020.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Sold Prices
3 Wells Cottages, Lowestoft last changed hands on 16th December 2021, selling for £74,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 97.3% since December 2021.
- Sold Dec 2021£74,000
- Sold Feb 2016£73,000
- Sold May 2008£72,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 3 Wells Cottages, Lowestoft across the last 2 years.
Most recently, 42, Reeve Street, Lowestoft, NR32 1UF, a freehold house, sold at £103,000 on the 1st November 2024.
Read more about house prices in NR32.
- Sold Nov 2024£103,000 | 3 Bed HouseReeve Street42, Reeve Street, Lowestoft, NR32 1UF
- Sold Jan 2023£110,000 | 2 Bed HouseClapham Road North5 Wellington Cottages, Clapham Road North, Lowestoft, NR32 1RT
- Sold Aug 2020£65,000 | 3 Bed HouseRaglan Street1 Wells Cottages, Raglan Street, Lowestoft, NR32 2LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Wells Cottages, Lowestoft as the 234th largest and the 234th most expensive of the 246 addresses on Raglan Street, Lowestoft, NR32.
Against the NR32 postcode district average, it is £143k less expensive than the typical property.
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Schools Nearby
- 500mRoman Hill Primary School
- 600mSt Margaret's Primary Academy
- 700mNorthfield St Nicholas Primary Academy
- 1.0kmOrmiston Denes Academy
- 2.0kmEast Point Academy
- 2.2kmBenjamin Britten Academy of Music and Mathematics
More reading links
Public Transport Nearby
Lowestoft station is the nearest stop to 3 Wells Cottages, Lowestoft at 700 metres away.
- 700mLowestoft
- 2.3kmOulton Broad North
- 3.0kmOulton Broad South
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
