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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 38, Pakefield Road, Lowestoft is £277,750 and the estimated rental value is £1,160 per month.
Pakefield Road, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
38, Pakefield Road, Lowestoft has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 38, Pakefield Road, Lowestoft is in very good condition we estimate a sale value of £291,637 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,307 and a rental value of £1,079 per month.
Over the last 12 months the sale value of 38 Pakefield Road Lowestoft has decreased by an estimated £7,550 (2.7%) and its rental value has increased by an estimated £20 per month (1.7%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 38, Pakefield Road, Lowestoft sits on a plot of 390m2.
We have plot size data on 6 out of 10 other houses in the postcode and 38, Pakefield Road, Lowestoft sits on the 4th largest plot.
38, Pakefield Road, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 38, Pakefield Road, Lowestoft was last sold on 16th October 2020 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Pakefield Road, Lowestoft within a radius of 720 metres over the last 2 years.
The most recent example is 18, Morton Road, Lowestoft, NR33 0JQ, a freehold house which sold for £291,000 on the 29th November 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pakefield Road, Lowestoft, NR33 has a total of 62 addresses. According to our analysis of all the public data, 38, Pakefield Road, Lowestoft is the 22nd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in NR33.
The closest station to 38, Pakefield Road, Lowestoft is Lowestoft station which is 1.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 38, Pakefield Road, Lowestoft, 45.0% of property is privately owned outright and 33.0% is privately rented.
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 38, Pakefield Road, Lowestoft, 7.3% of residents are recorded as possessing school level qualifications and 34.6% 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 38, Pakefield Road, Lowestoft, the average age was 41.9 and the most common age was 57.
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 38, Pakefield Road, Lowestoft, 0.6% 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 38, Pakefield Road, Lowestoft, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.