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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
According to the public record, 56, Waveney Drive, Lowestoft is a early-century freehold house with 1,528 ft2 of internal area and sits on a 710 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Waveney Drive, Lowestoft is £288,607 and the estimated rental value is £1,183 per month.
Waveney Drive, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
56, Waveney Drive, Lowestoft has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 56, Waveney Drive, Lowestoft is in very good condition we estimate a sale value of £303,037 and a rental value of £1,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,404 and a rental value of £1,100 per month.
Over the last 12 months the sale value of 56 Waveney Drive Lowestoft has decreased by an estimated £6,679 (2.3%) and its rental value has increased by an estimated £23 per month (2.0%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 56, Waveney Drive, Lowestoft sits on a plot of 710m2.
We have plot size data on 9 out of 9 other houses in the postcode and 56, Waveney Drive, Lowestoft sits on the 3rd largest plot.
56, Waveney Drive, Lowestoft has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Oct 2022.
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, 56, Waveney Drive, Lowestoft was last sold on 16th December 2022 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Waveney Drive, Lowestoft within a radius of 690 metres over the last 2 years.
The most recent example is 127, Kimberley Road, Lowestoft, NR33 0UE, a freehold house which sold for £280,000 on the 7th February 2024.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waveney Drive, Lowestoft, NR33 has a total of 84 addresses. According to our analysis of all the public data, 56, Waveney Drive, Lowestoft is the 6th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NR33.
The closest station to 56, Waveney Drive, Lowestoft is Lowestoft station which is 1.0 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56, Waveney Drive, Lowestoft, 38.5% of property is privately owned with a mortgage and 35.7% 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 56, Waveney Drive, Lowestoft, 17.0% of residents are recorded as possessing school level qualifications and 17.3% 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 56, Waveney Drive, Lowestoft, the average age was 44.6 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 56, Waveney Drive, 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 56, Waveney 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.
