37, Gainsborough Drive
37, Gainsborough Drive
Description & Estimates
37, Gainsborough Drive, Lowestoft is recorded publicly as a modern freehold house across 861 ft2 of internal area, sitting on a 233 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 37, Gainsborough Drive, Lowestoft is £257,828 and its rental estimate is £1,070 per month, given the available information and assuming reasonable condition.
Gainsborough Drive, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
Our Data Sources
37, Gainsborough Drive, Lowestoft has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated March 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 37, Gainsborough Drive, Lowestoft, we estimate a market value of £270,719 and a rental value of £1,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £239,780 and £995 per month respectively.
Recent Market Change
Over the last year, 37, Gainsborough Drive, Lowestoft has seen its estimated sale value drop by £3,326 (1.3%) and its estimated rental value rise by £31 per month (2.9%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 37, Gainsborough Drive, Lowestoft as measuring 233 m2.
That makes it the 18th largest plot in the postcode, where 21 of the 28 other houses have recorded plot data.
Energy Efficiency
37, Gainsborough Drive, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 37, Gainsborough Drive, Lowestoft completed on 22nd May 2020 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.1% over the period since May 2020.
- Sold May 2020£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, Gainsborough Drive, Lowestoft have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th October 2024, was 17, Stubbs Wood, Lowestoft, NR32 4TA, a freehold house which sold for £253,500.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 75 addresses on Gainsborough Drive, Lowestoft, NR32, 37, Gainsborough Drive, Lowestoft comes out as the 46th largest and the 48th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the NR32 district.
More reading links
Schools Nearby
- 200mGunton Primary Academy
- 1.5kmPoplars Community Primary School
- 1.5kmCorton Church of England Voluntary Aided Primary School
- 700mBenjamin Britten Academy of Music and Mathematics
- 1.4kmOrmiston Denes Academy
- 3.7kmEast Point Academy
More reading links
Public Transport Nearby
From 37, Gainsborough Drive, Lowestoft, the nearest station is Oulton Broad North, 3.0 kilometres away.
- 3.0kmOulton Broad North
- 3.0kmLowestoft
- 4.1kmOulton Broad South
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
