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According to the public record, 8, Park Meadows, Lowestoft is a modern freehold house with 753 ft2 of internal area and sits on a 406 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, Park Meadows, Lowestoft is £266,835 and the estimated rental value is £1,165 per month.
Park Meadows, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
8, Park Meadows, Lowestoft has 31 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated March 2014.
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.
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, Park Meadows, Lowestoft is in very good condition we estimate a sale value of £280,177 and a rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,157 and a rental value of £1,084 per month.
Over the last 12 months the sale value of 8 Park Meadows Lowestoft has decreased by an estimated £3,119 (1.2%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 8, Park Meadows, Lowestoft sits on a plot of 406m2.
We have plot size data on 20 out of 20 other houses in the postcode and 8, Park Meadows, Lowestoft sits on the 8th largest plot.
8, Park Meadows, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2014.
The property is not 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, Park Meadows, Lowestoft was last sold on 10th May 2017 for £262,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Meadows, Lowestoft within a radius of 930 metres over the last 2 years.
The most recent example is 33, The Pastures, Lowestoft, NR32 4WT, a freehold house which sold for £310,000 on the 22nd November 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Meadows, Lowestoft, NR32 has a total of 20 addresses. According to our analysis of all the public data, 8, Park Meadows, Lowestoft is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in NR32.
The closest station to 8, Park Meadows, Lowestoft is Oulton Broad North station which is 2.5 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, Park Meadows, Lowestoft, 55.1% of property is privately owned outright and 38.1% 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, Park Meadows, Lowestoft, 20.5% of residents are recorded as possessing school level qualifications and 35.4% 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, Park Meadows, 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 8, Park Meadows, 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 8, Park Meadows, Lowestoft, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.