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Bricks&Logic is a trading name of Urban Markets Ltd
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, 8, Lily Way, Lowestoft is a mid-century freehold house with 721 ft2 of internal area and sits on a 213 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 8, Lily Way, Lowestoft is £191,569 and the estimated rental value is £890 per month.
Lily Way, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
8, Lily Way, Lowestoft has 41 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated January 2015.
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 8, Lily Way, Lowestoft is in very good condition we estimate a sale value of £201,147 and a rental value of £935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,159 and a rental value of £828 per month.
Over the last 12 months the sale value of 8 Lily Way Lowestoft has decreased by an estimated £4,778 (2.5%) and its rental value has increased by an estimated £17 per month (1.9%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 8, Lily Way, Lowestoft sits on a plot of 213m2.
We have plot size data on 9 out of 19 other houses in the postcode and 8, Lily Way, Lowestoft sits on the 2nd largest plot.
8, Lily Way, Lowestoft has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jan 2015.
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, 8, Lily Way, Lowestoft was last sold on 2nd July 2021 for £188,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since July 2021, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lily Way, Lowestoft within a radius of 670 metres over the last 2 years.
The most recent example is 12, Cowslip Crescent, Lowestoft, NR33 8NY, a freehold house which sold for £205,000 on the 25th May 2023.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lily Way, Lowestoft, NR33 has a total of 19 addresses. According to our analysis of all the public data, 8, Lily Way, Lowestoft is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in NR33.
The closest station to 8, Lily Way, Lowestoft is Oulton Broad South station which is 1.3 kilometres 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 8, Lily Way, Lowestoft, 41.4% of property is privately rented and 30.0% is privately owned with a mortgage.
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 8, Lily Way, Lowestoft, 16.8% of residents are recorded as possessing school level qualifications and 16.0% 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 8, Lily Way, Lowestoft, the average age was 42.5 and the most common age was 52.
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 8, Lily Way, Lowestoft, 0.3% 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 8, Lily Way, Lowestoft, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
