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According to the public record, 49, Marine Parade, Lowestoft is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,500 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Marine Parade, Lowestoft is £257,191 and the estimated rental value is £1,108 per month.
Marine Parade, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
49, Marine Parade, Lowestoft has 41 entries in the Land Registry , most recently in April 2012 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 2 out of 5 and is considered of medium 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 49, Marine Parade, Lowestoft is in very good condition we estimate a sale value of £270,050 and a rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,187 and a rental value of £1,031 per month.
Over the last 12 months the sale value of 49 Marine Parade Lowestoft has decreased by an estimated £5,952 (2.3%) and its rental value has increased by an estimated £22 per month (2.0%), giving an expected gross yield of 5.2%.
According to HM Land Registry, 49, Marine Parade, Lowestoft was last sold on 18th April 2012 for £155,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2012, the market for similar properties has risen 160.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Marine Parade, Lowestoft within a radius of 660 metres over the last 2 years.
The most recent example is 7, Windsor Road, Lowestoft, NR33 0BP, a freehold house which sold for £262,500 on the 19th December 2024.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Parade, Lowestoft, NR33 has a total of 122 addresses. According to our analysis of all the public data, 49, Marine Parade, Lowestoft is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in NR33.
The closest station to 49, Marine Parade, Lowestoft is Lowestoft station which is 600 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Marine Parade, Lowestoft, 65.4% of property is privately rented and 17.3% is privately owned outright.
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 49, Marine Parade, Lowestoft, 7.1% of residents are recorded as possessing school level qualifications and 15.6% 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 49, Marine Parade, 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 49, Marine Parade, 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 49, Marine Parade, Lowestoft, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.