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According to the public record, 7, Allington Smith Close, Lowestoft is a modern freehold house with 3,455 ft2 of internal area and sits on a 997 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Allington Smith Close, Lowestoft is £734,410 and the estimated rental value is £3,048 per month.
Allington Smith Close, Oulton, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
7, Allington Smith Close, Lowestoft has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Allington Smith Close, Lowestoft is in very good condition we estimate a sale value of £771,130 and a rental value of £3,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £683,001 and a rental value of £2,835 per month.
Over the last 12 months the sale value of 7 Allington Smith Close Lowestoft has decreased by an estimated £14,939 (2.0%) and its rental value has increased by an estimated £39 per month (1.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 7, Allington Smith Close, Lowestoft sits on a plot of 997m2.
We have plot size data on 4 out of 8 other houses in the postcode and 7, Allington Smith Close, Lowestoft sits on the largest plot.
7, Allington Smith Close, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 7, Allington Smith Close, Lowestoft was last sold on 30th October 2020 for £635,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Allington Smith Close, Lowestoft within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Flixton View, Lowestoft, NR32 3GZ, a freehold house which sold for £580,000 on the 11th November 2020.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Allington Smith Close, Oulton, Lowestoft, NR32 has a total of 8 addresses. According to our analysis of all the public data, 7, Allington Smith Close, Lowestoft is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £508k more expensive than the average property in NR32.
The closest station to 7, Allington Smith Close, Lowestoft is Oulton Broad North station which is 2.1 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 7, Allington Smith Close, Lowestoft, 43.7% of property is privately owned with a mortgage and 36.2% 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 7, Allington Smith Close, Lowestoft, 18.0% of residents are recorded as possessing school level qualifications and 19.4% 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 7, Allington Smith Close, Lowestoft, the average age was 47.4 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 7, Allington Smith Close, Lowestoft, 0.8% 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 7, Allington Smith Close, 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.