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4, Pinewood Avenue, Lowestoft is described in the public record as a mid-century apartment with 312 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 4, Pinewood Avenue, Lowestoft is £94,351 and its rental estimate is £478 per month, given the available information and assuming reasonable condition.
4, Pinewood Avenue is a residential building on Pinewood Avenue, Lowestoft, NR33 and falls within the NR33 postal district and the borough of East Suffolk.
4, Pinewood Avenue, Lowestoft has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data 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.
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 4, Pinewood Avenue, Lowestoft, we estimate a market value of £99,069 and a rental value of £502 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,747 and £445 per month respectively.
Over the last year, 4, Pinewood Avenue, Lowestoft has seen its estimated sale value decrease by £158 (0.2%) and its estimated rental value grow by £20 per month (4.1%). This results in an estimated gross rental yield of 6.1%.
4, Pinewood Avenue, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 4, Pinewood Avenue, Lowestoft completed on 5th October 2005 at £27,600 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties have sold within 530 metres of 4, Pinewood Avenue, Lowestoft, per the Land Registry and our network of Estate Agents.
The latest, on the 4th February 2022, was 12, Pinewood Avenue, Lowestoft, NR33 9AQ, a freehold house which sold for £160,000.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 79 addresses on Pinewood Avenue, Lowestoft, NR33, 4, Pinewood Avenue, Lowestoft comes out as the 79th largest and the 79th most expensive in our analysis of the public data.
It is also £139k less expensive than the average property across the NR33 district.
From 4, Pinewood Avenue, Lowestoft, the nearest station is Oulton Broad South, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Pinewood Avenue, Lowestoft, 40.5% of property is privately owned outright and 27.8% is socially 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 4, Pinewood Avenue, Lowestoft, 16.0% of residents are recorded as possessing school level qualifications and 14.6% 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 4, Pinewood Avenue, Lowestoft, the average age was 46.4 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 4, Pinewood Avenue, Lowestoft, 0.0% 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 4, Pinewood Avenue, 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.