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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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According to the public record, 7, Oaklands Terrace, Lowestoft is a period freehold house with 914 ft2 of internal area and sits on a 243 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, Oaklands Terrace, Lowestoft is £200,093 and the estimated rental value is £963 per month.
Oaklands Terrace, Kessingland, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
7, Oaklands Terrace, Lowestoft has 51 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Oaklands Terrace, Lowestoft is in very good condition we estimate a sale value of £210,098 and a rental value of £1,011 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,087 and a rental value of £895 per month.
Over the last 12 months the sale value of 7 Oaklands Terrace Lowestoft has decreased by an estimated £2,966 (1.5%) and its rental value has increased by an estimated £29 per month (3.0%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 7, Oaklands Terrace, Lowestoft sits on a plot of 243m2.
We have plot size data on 14 out of 20 other houses in the postcode and 7, Oaklands Terrace, Lowestoft sits on the 5th largest plot.
7, Oaklands Terrace, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2020.
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, 7, Oaklands Terrace, Lowestoft was last sold on 7th August 2020 for £140,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since August 2020, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oaklands Terrace, Lowestoft within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 5, Oaklands Terrace, Lowestoft, NR33 7PH, a freehold house which sold for £173,000 on the 11th August 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklands Terrace, Kessingland, Lowestoft, NR33 has a total of 20 addresses. According to our analysis of all the public data, 7, Oaklands Terrace, Lowestoft is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NR33.
The closest station to 7, Oaklands Terrace, Lowestoft is Oulton Broad South station which is 4.5 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Oaklands Terrace, Lowestoft, 63.9% of property is privately owned outright and 16.8% is privately rented.
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, Oaklands Terrace, Lowestoft, 6.2% of residents are recorded as possessing school level qualifications and 19.9% 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 7, Oaklands Terrace, Lowestoft, the average age was 47.8 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, Oaklands Terrace, 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, Oaklands Terrace, Lowestoft, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
