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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
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According to the public record, 5, West Grove, Lowestoft is a mid-century freehold house with 871 ft2 of internal area and sits on a 620 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 5, West Grove, Lowestoft is £263,553 and the estimated rental value is £973 per month.
West Grove, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
5, West Grove, Lowestoft has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated February 2023.
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.
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 5, West Grove, Lowestoft is in very good condition we estimate a sale value of £276,731 and a rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,105 and a rental value of £905 per month.
Over the last 12 months the sale value of 5 West Grove Lowestoft has decreased by an estimated £6,573 (2.5%) and its rental value has increased by an estimated £19 per month (1.9%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 5, West Grove, Lowestoft sits on a plot of 620m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, West Grove, Lowestoft sits on the largest plot.
5, West Grove, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, West Grove, Lowestoft was last sold on 5th April 2023 for £297,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, West Grove, Lowestoft within a radius of 700 metres over the last 2 years.
The most recent example is 1, West Grove, Lowestoft, NR33 7DE, a freehold house which sold for £264,000 on the 24th April 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Grove, Lowestoft, NR33 has a total of 6 addresses. According to our analysis of all the public data, 5, West Grove, Lowestoft is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in NR33.
The closest station to 5, West Grove, Lowestoft is Oulton Broad South station which is 2.4 kilometres away.
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 5, West Grove, Lowestoft, 59.1% of property is privately owned outright and 24.8% 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 5, West Grove, Lowestoft, 11.4% of residents are recorded as possessing school level qualifications and 22.0% 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 5, West Grove, Lowestoft, the average age was 47.8 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 5, West Grove, Lowestoft, 0.7% 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 5, West Grove, Lowestoft, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
