7, Lothing Street
7, Lothing Street
Description & Estimates
7, Lothing Street, Lowestoft is recorded publicly as a period freehold house across 882 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Lothing Street, Lowestoft is £165,884 and its rental estimate is £856 per month, given the available information and assuming reasonable condition.
Lothing Street, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
Our Data Sources
7, Lothing Street, Lowestoft has 3 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated January 2013.
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.
Price Range & Condition
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 7, Lothing Street, Lowestoft, we estimate a market value of £174,179 and a rental value of £899 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,272 and £796 per month respectively.
Recent Market Change
Over the last year, 7, Lothing Street, Lowestoft has seen its estimated sale value decrease by £2,140 (1.3%) and its estimated rental value grow by £25 per month (2.9%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
7, Lothing Street, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Lothing Street, Lowestoft completed on 3rd June 2020 at £145,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 26.2% over the period since June 2020.
- Sold Jun 2020£145,000
- Sold Apr 2014£117,250
- Sold Nov 2010£74,700
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Lothing Street, Lowestoft have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th October 2023, was 17, Lothing Street, Lowestoft, NR32 3NB, a freehold house which sold for £150,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Lothing Street, Lowestoft, NR32, 7, Lothing Street, Lowestoft comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the NR32 district.
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Schools Nearby
- 900mDell Primary School
- 1.3kmOulton Broad Primary School
- 1.3kmWoods Loke Primary School
- 1.2kmEast Point Academy
- 2.4kmBenjamin Britten Academy of Music and Mathematics
- 2.6kmOrmiston Denes Academy
More reading links
Public Transport Nearby
From 7, Lothing Street, Lowestoft, the nearest station is Oulton Broad North, 100 metres away.
- 100mOulton Broad North
- 1.0kmOulton Broad South
- 2.2kmLowestoft
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
