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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, 9, Richards Close, Lowestoft is a modern freehold house with 1,184 ft2 of internal area and sits on a 776 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Richards Close, Lowestoft is £401,786 and the estimated rental value is £1,307 per month.
Richards Close, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
9, Richards Close, Lowestoft has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated August 2022.
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 9, Richards Close, Lowestoft is in very good condition we estimate a sale value of £421,875 and a rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,661 and a rental value of £1,216 per month.
Over the last 12 months the sale value of 9 Richards Close Lowestoft has decreased by an estimated £10,922 (2.7%) and its rental value has increased by an estimated £23 per month (1.7%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 9, Richards Close, Lowestoft sits on a plot of 776m2.
We have plot size data on 9 out of 9 other houses in the postcode and 9, Richards Close, Lowestoft sits on the largest plot.
9, Richards Close, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2022.
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, 9, Richards Close, Lowestoft was last sold on 21st October 2022 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Richards Close, Lowestoft within a radius of 680 metres over the last 2 years.
The most recent example is 25, Cotmer Road, Lowestoft, NR33 9PN, a freehold house which sold for £420,000 on the 31st May 2024.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richards Close, Lowestoft, NR33 has a total of 9 addresses. According to our analysis of all the public data, 9, Richards Close, Lowestoft is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in NR33.
The closest station to 9, Richards Close, Lowestoft is Oulton Broad South station which is 300 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 9, Richards Close, Lowestoft, 52.2% of property is privately owned outright and 23.9% 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 9, Richards Close, Lowestoft, 12.3% of residents are recorded as possessing school level qualifications and 20.2% 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 9, Richards Close, Lowestoft, the average age was 50.4 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 9, Richards Close, Lowestoft, 0.7% 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 9, Richards Close, Lowestoft, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
