Drives End, Lowestoft
Drives End, Lowestoft
Description & Estimates
Public records show Drives End, Lowestoft to be a modern freehold house with 1,108 ft2 of internal area, sitting on a 665 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Drives End, Lowestoft has an estimated sale value of £368,059 and an estimated rental value of £1,294 per month, assuming reasonable condition and based on the information available.
Hall Lane, Blundeston, Lowestoft, NR32 lies in the borough of East Suffolk, within the NR32 postal district.
Our Data Sources
Drives End, Lowestoft has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated July 2015.
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.
Price Range & Condition
In very good condition, we estimate Drives End, Lowestoft would be worth £386,462, with a potential rental value of £1,359 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £342,295, with a rental value of £1,203 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Drives End, Lowestoft has declined by £4,748 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (2.9%). The property's estimated gross yield is currently 4.2%.
Plot Size
Drives End, Lowestoft occupies a 665 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
Drives End, Lowestoft has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Drives End, Lowestoft last changed hands on 9th December 2022, selling for £465,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 13.5% since December 2022.
- Sold Dec 2022£465,000
- Sold Jul 2015£312,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of Drives End, Lowestoft across the last 2 years.
Most recently, 4, Pheasant Drive, Lowestoft, NR32 5DY, a freehold house, sold at £370,000 on the 19th January 2024.
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
Our analysis of the public data ranks Drives End, Lowestoft as the 18th largest and the 17th most expensive of the 23 addresses on Hall Lane, Blundeston, Lowestoft, NR32.
Against the NR32 postcode district average, it is £140k more expensive than the typical property.
More reading links
Schools Nearby
- 600mBlundeston Church of England Voluntary Controlled Primary School
- 2.6kmCorton Church of England Voluntary Aided Primary School
- 2.7kmGunton Primary Academy
- 2.5kmBenjamin Britten Academy of Music and Mathematics
- 3.8kmOrmiston Denes Academy
- 5.3kmEast Point Academy
More reading links
Public Transport Nearby
Somerleyton station is the nearest stop to Drives End, Lowestoft at 3.8 kilometres away.
- 3.8kmSomerleyton
- 4.1kmOulton Broad North
- 4.9kmOulton Broad South
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
