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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record lists 40, Gainsborough Drive, Lowestoft as a freehold house sitting on a 260 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,049 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
40, Gainsborough Drive, Lowestoft has an estimated sale value of £285,504 and an estimated rental value of £1,153 per month, assuming reasonable condition and based on the information available.
Gainsborough Drive, Lowestoft, NR32 lies in the borough of East Suffolk, within the NR32 postal district.
40, Gainsborough Drive, Lowestoft has a single entry in the Land Registry from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 40, Gainsborough Drive, Lowestoft would be worth £299,780, with a potential rental value of £1,210 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £265,519, with a rental value of £1,072 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Gainsborough Drive, Lowestoft has fallen by £3,683 (1.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £33 (2.9%). The property's estimated gross yield is currently 4.8%.
40, Gainsborough Drive, Lowestoft occupies a 260 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 14th largest.
40, Gainsborough Drive, Lowestoft last changed hands on 15th January 2007, selling for £169,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.7% since January 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 880 metres of 40, Gainsborough Drive, Lowestoft across the last 2 years.
Most recently, 5, Stubbs Wood, Lowestoft, NR32 4TA, a freehold house, sold at £262,000 on the 9th December 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Gainsborough Drive, Lowestoft as the 26th largest and the 33rd most expensive of the 75 addresses on Gainsborough Drive, Lowestoft, NR32.
Against the NR32 postcode district average, it is £58k more expensive than the typical property.
Oulton Broad North station is the nearest stop to 40, Gainsborough Drive, Lowestoft at 3.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Gainsborough Drive, Lowestoft, 60.8% of property is privately owned outright and 24.6% 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 40, Gainsborough Drive, Lowestoft, 9.5% of residents are recorded as possessing school level qualifications and 22.4% 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 40, Gainsborough Drive, 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 40, Gainsborough Drive, 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 40, Gainsborough Drive, Lowestoft, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
