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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 16, High Beech, Lowestoft is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 16, High Beech, Lowestoft is £110,138 and the estimated rental value is £618 per month.
The apartment is within 16, High Beech, Lowestoft, NR32.
High Beech, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
Flat 2, 16, High Beech, Lowestoft has 31 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated April 2019.
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 Flat 2, 16, High Beech, Lowestoft is in very good condition we estimate a sale value of £115,645 and a rental value of £649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,428 and a rental value of £575 per month.
Over the last 12 months the sale value of Flat 2 16 High Beech Lowestoft has decreased by an estimated £784 (0.7%) and its rental value has increased by an estimated £17 per month (2.7%), giving an expected gross yield of 6.7%.
Flat 2, 16, High Beech, Lowestoft has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 16, High Beech, Lowestoft was last sold on 26th November 2020 for £90,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2020, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 16, High Beech, Lowestoft within a radius of 630 metres over the last 2 years.
The most recent example is 166A, Normanston Drive, Lowestoft, NR32 2PP, a leasehold flat which sold for £76,750 on the 26th August 2016.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Beech, Lowestoft, NR32 has a total of 19 addresses. According to our analysis of all the public data, Flat 2, 16, High Beech, Lowestoft is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in NR32.
The closest station to Flat 2, 16, High Beech, Lowestoft is Oulton Broad North station which is 1.4 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 Flat 2, 16, High Beech, Lowestoft, 57.3% of property is privately owned outright and 28.0% 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 Flat 2, 16, High Beech, Lowestoft, 12.3% of residents are recorded as possessing school level qualifications and 18.4% 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 Flat 2, 16, High Beech, Lowestoft, the average age was 44.6 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 Flat 2, 16, High Beech, 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 Flat 2, 16, High Beech, Lowestoft, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
