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According to the public record, 331, Long Road, Lowestoft is a early-century freehold house with 1,259 ft2 of internal area and sits on a 621 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 331, Long Road, Lowestoft is £299,240 and the estimated rental value is £1,140 per month.
Long Road, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
331, Long Road, Lowestoft has 31 entries in the Land Registry , most recently in February 2012 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 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 331, Long Road, Lowestoft is in very good condition we estimate a sale value of £314,202 and a rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,293 and a rental value of £1,060 per month.
Over the last 12 months the sale value of 331 Long Road Lowestoft has decreased by an estimated £8,135 (2.7%) and its rental value has increased by an estimated £20 per month (1.7%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 331, Long Road, Lowestoft sits on a plot of 621m2.
We have plot size data on 9 out of 20 other houses in the postcode and 331, Long Road, Lowestoft sits on the 3rd largest plot.
331, Long Road, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2022.
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, 331, Long Road, Lowestoft was last sold on 9th February 2012 for £199,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2012, the market for similar properties has risen 61.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 331, Long Road, Lowestoft within a radius of 590 metres over the last 2 years.
The most recent example is 126, Elm Tree Road, Lowestoft, NR33 9ET, a freehold house which sold for £442,500 on the 27th January 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Road, Lowestoft, NR33 has a total of 240 addresses. According to our analysis of all the public data, 331, Long Road, Lowestoft is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in NR33.
The closest station to 331, Long Road, Lowestoft is Oulton Broad South station which is 1.7 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 331, Long Road, Lowestoft, 53.6% of property is privately owned outright and 32.0% 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 331, Long Road, Lowestoft, 10.8% of residents are recorded as possessing school level qualifications and 18.9% 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 331, Long Road, Lowestoft, the average age was 50.4 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 331, Long Road, Lowestoft, 0.4% 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 331, Long Road, Lowestoft, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.