2A, Union Lane
2A, Union Lane
Description & Estimates
2A, Union Lane, Lowestoft is recorded publicly as a modern freehold house across 893 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2A, Union Lane, Lowestoft is £234,242 and its rental estimate is £1,071 per month, given the available information and assuming reasonable condition.
Union Lane, Oulton, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
Our Data Sources
2A, Union Lane, Lowestoft has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2A, Union Lane, Lowestoft, we estimate a market value of £245,954 and a rental value of £1,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,845 and £996 per month respectively.
Recent Market Change
Over the last year, 2A, Union Lane, Lowestoft has seen its estimated sale value drop by £3,022 (1.3%) and its estimated rental value rise by £31 per month (2.9%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
2A, Union Lane, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2A, Union Lane, Lowestoft completed on 28th March 2024 at £220,000 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 3.1% over the period since March 2024.
- Sold Mar 2024£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2A, Union Lane, Lowestoft have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 6, Lawn Grove, Lowestoft, NR32 4XG, a freehold house which sold for £230,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 30 addresses on Union Lane, Oulton, Lowestoft, NR32, 2A, Union Lane, Lowestoft comes out as the 14th largest and the 11th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the NR32 district.
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Schools Nearby
- 1.0kmThe Limes Primary Academy
- 1.0kmWoods Loke Primary School
- 1.6kmGunton Primary Academy
- 800mBenjamin Britten Academy of Music and Mathematics
- 2.1kmOrmiston Denes Academy
- 3.2kmEast Point Academy
More reading links
Public Transport Nearby
From 2A, Union Lane, Lowestoft, the nearest station is Oulton Broad North, 2.1 kilometres away.
- 2.1kmOulton Broad North
- 3.1kmOulton Broad South
- 3.2kmLowestoft
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.
