42, Gainsborough Drive
42, Gainsborough Drive
Description & Estimates
According to the public record, 42, Gainsborough Drive, Lowestoft is a mid-century freehold house with 963 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Gainsborough Drive, Lowestoft is £272,813 and the estimated rental value is £1,116 per month.
Gainsborough Drive, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
Our Data Sources
42, Gainsborough Drive, Lowestoft has 2 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated September 2010.
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
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 42, Gainsborough Drive, Lowestoft is in very good condition we estimate a sale value of £286,454 and a rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,716 and a rental value of £1,038 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Gainsborough Drive, Lowestoft has decreased by £3,519 (1.3%), while its estimated rental value has grown by £32 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 42, Gainsborough Drive, Lowestoft sits on a plot of 376 m2.
We have plot size data on 21 out of 28 other houses in the postcode and 42, Gainsborough Drive, Lowestoft sits on the 6th largest plot.
Energy Efficiency
42, Gainsborough Drive, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 42, Gainsborough Drive, Lowestoft was last sold on 21st August 2015 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2015, the market for similar properties has risen by 20.0%.
- Sold Aug 2015£200,000
- Sold Dec 2010£164,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Gainsborough Drive, Lowestoft within a radius of 890 metres over the last 2 years.
The most recent example is 5, Stubbs Wood, Lowestoft, NR32 4TA, a freehold house which sold for £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.
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Location Comparison
Gainsborough Drive, Lowestoft, NR32 has a total of 75 addresses. According to our analysis of all the public data, 42, Gainsborough Drive, Lowestoft is the 35th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in NR32.
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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
The closest station to 42, Gainsborough Drive, Lowestoft is Oulton Broad North station, which is 3.0 kilometres away.
- 3.0kmOulton Broad North
- 3.0kmLowestoft
- 4.1kmOulton Broad South
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
