Flat 1, 37
Flat 1, 37
Description & Estimates
The public record describes Flat 1, 37, Marine Parade, Lowestoft as a period apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 37, Marine Parade, Lowestoft has an estimated sale value of £54,068 and an estimated rental value of £317 per month, assuming reasonable condition and based on the information available.
The apartment sits within 37, Marine Parade, Lowestoft, NR33.
Marine Parade, Lowestoft, NR33 lies in the borough of East Suffolk, within the NR33 postal district.
Our Data Sources
Flat 1, 37, Marine Parade, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 37, Marine Parade, Lowestoft would be worth £56,772, with a potential rental value of £333 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £50,284, with a rental value of £295 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 Flat 1, 37, Marine Parade, Lowestoft has moved down by £36 (0.1%) over the last year. During the same period, its estimated monthly rental value has increased by £13 (4.2%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 1, 37, Marine Parade, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 650 metres of Flat 1, 37, Marine Parade, Lowestoft across the last 2 years.
Most recently, Flat 2, 37, Marine Parade, Lowestoft, NR33 0QN, a leasehold flat, sold at £150,000 on the 1st April 2021.
Read more about house prices in NR33.
•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 Flat 1, 37, Marine Parade, Lowestoft as the 111th largest and the 113th most expensive of the 122 addresses on Marine Parade, Lowestoft, NR33.
Against the NR33 postcode district average, it is £180k less expensive than the typical property.
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Schools Nearby
- 700mRed Oak Primary School
- 1.0kmPhoenix St Peter Academy
- 1.0kmSt Mary's Roman Catholic Primary School
- 1.3kmEast Point Academy
- 2.2kmOrmiston Denes Academy
- 2.7kmPakefield High School
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Public Transport Nearby
Lowestoft station is the nearest stop to Flat 1, 37, Marine Parade, Lowestoft at 600 metres away.
- 600mLowestoft
- 2.3kmOulton Broad North
- 2.7kmOulton 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 low risk of flooding.
