8, Borrow Close
8, Borrow Close
Description & Estimates
8, Borrow Close, Lowestoft appears in the public record as a freehold house sitting on a 448 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 543 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Borrow Close, Lowestoft is £194,859 and its rental estimate is £753 per month, given the available information and assuming reasonable condition.
Borrow Close, Carlton Colville, Lowestoft, NR33 falls within the NR33 postal district, in the borough of East Suffolk.
Our Data Sources
8, Borrow Close, Lowestoft has a single entry in the Land Registry from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 8, Borrow Close, Lowestoft, we estimate a market value of £204,602 and a rental value of £791 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,219 and £700 per month respectively.
Recent Market Change
Over the last year, 8, Borrow Close, Lowestoft has seen its estimated sale value fall by £2,207 (1.1%) and its estimated rental value move up by £24 per month (3.2%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 8, Borrow Close, Lowestoft as measuring 448 m2.
That makes it the 4th largest plot in the postcode, where 17 of the 46 other houses have recorded plot data.
Sold Prices
The most recent sale of 8, Borrow Close, Lowestoft completed on 10th October 2007 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.7% over the period since October 2007.
- Sold Oct 2007£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Borrow Close, Lowestoft have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2023, was 11, The Street, Lowestoft, NR33 8JW, a freehold house which sold for £180,000.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 46 addresses on Borrow Close, Carlton Colville, Lowestoft, NR33, 8, Borrow Close, Lowestoft comes out as the 36th largest and the 25th most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the NR33 district.
More reading links
Schools Nearby
- 500mGrove Primary School
- 1.1kmCarlton Colville Primary School
- 1.5kmElm Tree Primary School
- 1.9kmPakefield High School
- 2.8kmEast Point Academy
- 5.4kmOrmiston Denes Academy
More reading links
Public Transport Nearby
From 8, Borrow Close, Lowestoft, the nearest station is Oulton Broad South, 2.1 kilometres away.
- 2.1kmOulton Broad South
- 3.1kmOulton Broad North
- 4.3kmLowestoft
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.
