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According to the public record, Flat 2, 2, Gunton Cliff, Lowestoft is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 840 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, 2, Gunton Cliff, Lowestoft is £243,657 and the estimated rental value is £1,182 per month.
The apartment is within 2, Gunton Cliff, Lowestoft, NR32.
Gunton Cliff, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
Flat 2, 2, Gunton Cliff, Lowestoft has 51 entries in the Land Registry , most recently in March 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, 2, Gunton Cliff, Lowestoft is in very good condition we estimate a sale value of £255,839 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,601 and a rental value of £1,099 per month.
Over the last 12 months the sale value of Flat 2 2 Gunton Cliff Lowestoft has decreased by an estimated £1,735 (0.7%) and its rental value has increased by an estimated £32 per month (2.7%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 2, 2, Gunton Cliff, Lowestoft was last sold on 8th March 2017 for £200,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since March 2017, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 730 metres radius of Flat 2, 2, Gunton Cliff, Lowestoft over the last 2 years.
The most recent example is Flat 1, 2, Gunton Cliff, Lowestoft, NR32 4PE, a leasehold flat which sold for £330,000 on the 2nd August 2022.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gunton Cliff, Lowestoft, NR32 has a total of 49 addresses. According to our analysis of all the public data, Flat 2, 2, Gunton Cliff, Lowestoft is the 34th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in NR32.
The closest station to Flat 2, 2, Gunton Cliff, Lowestoft is Lowestoft station which is 1.9 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, 2, Gunton Cliff, Lowestoft, 50.0% of property is privately rented and 31.6% is privately owned outright.
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, 2, Gunton Cliff, Lowestoft, 5.9% of residents are recorded as possessing school level qualifications and 25.5% 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, 2, Gunton Cliff, 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 Flat 2, 2, Gunton Cliff, Lowestoft, 0.8% 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, 2, Gunton Cliff, Lowestoft, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.