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According to the public record, 7, Nicholson Square, Lowestoft is a early-century freehold house with 764 ft2 of internal area and sits on a 288 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 7, Nicholson Square, Lowestoft is £179,697 and the estimated rental value is £1,031 per month.
Nicholson Square, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
7, Nicholson Square, Lowestoft has 2 entries in the Land Registry , most recently in April 2012 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7, Nicholson Square, Lowestoft is in very good condition we estimate a sale value of £188,682 and a rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,119 and a rental value of £959 per month.
Over the last 12 months the sale value of 7 Nicholson Square Lowestoft has decreased by an estimated £2,100 (1.2%) and its rental value has increased by an estimated £22 per month (2.2%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 7, Nicholson Square, Lowestoft sits on a plot of 288m2.
We have plot size data on 5 out of 7 other houses in the postcode and 7, Nicholson Square, Lowestoft sits on the 5th largest plot.
7, Nicholson Square, Lowestoft has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 7, Nicholson Square, Lowestoft was last sold on 27th April 2012 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2012, the market for similar properties has risen 129.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Nicholson Square, Lowestoft within a radius of 450 metres over the last 2 years.
The most recent example is 36, Minden Road, Lowestoft, NR32 2NS, a freehold house which sold for £177,000 on the 8th July 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicholson Square, Lowestoft, NR32 has a total of 7 addresses. According to our analysis of all the public data, 7, Nicholson Square, Lowestoft is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NR32.
The closest station to 7, Nicholson Square, Lowestoft is Lowestoft station which is 800 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Nicholson Square, Lowestoft, 40.6% of property is socially rented and 28.1% 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, Nicholson Square, Lowestoft, 27.2% of residents are recorded as possessing school level qualifications and 13.2% 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, Nicholson Square, Lowestoft, the average age was 39.9 and the most common age was 12.
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, Nicholson Square, 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 7, Nicholson Square, Lowestoft, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
