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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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62, The Street, Lowestoft is described in the public record as a period house with 1,011 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 62, The Street, Lowestoft is £284,456 and its rental estimate is £1,105 per month, given the available information and assuming reasonable condition.
The Street, Lound, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
62, The Street, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated February 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 62, The Street, Lowestoft, we estimate a market value of £298,679 and a rental value of £1,160 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,544 and £1,027 per month respectively.
Over the last year, 62, The Street, Lowestoft has seen its estimated sale value drop by £3,669 (1.3%) and its estimated rental value rise by £32 per month (2.9%). This results in an estimated gross rental yield of 4.7%.
62, The Street, Lowestoft has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 62, The Street, Lowestoft have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2023, was 2, The Street, Lowestoft, NR32 5LR, a freehold house which sold for £350,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on The Street, Lound, Lowestoft, NR32, 62, The Street, Lowestoft comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £57k more expensive than the average property across the NR32 district.
From 62, The Street, Lowestoft, the nearest station is Somerleyton, 3.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, The Street, Lowestoft, 42.6% of property is privately owned outright and 28.4% 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 62, The Street, Lowestoft, 9.4% of residents are recorded as possessing school level qualifications and 22.9% 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 62, The Street, 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 62, The Street, Lowestoft, 0.3% 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 62, The Street, Lowestoft, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
