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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 21, Cleveland Road, Lowestoft is £111,122 and its rental estimate is £608 per month, given the available information and assuming reasonable condition.
21, Cleveland Road is a residential building on Cleveland Road, Lowestoft, NR33 and falls within the NR33 postal district and the borough of East Suffolk.
Flat 3, 21, Cleveland Road, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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.
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 Flat 3, 21, Cleveland Road, Lowestoft, we estimate a market value of £116,678 and a rental value of £638 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,343 and £565 per month respectively.
Over the last year, Flat 3, 21, Cleveland Road, Lowestoft has seen its estimated sale value fall by £500 (0.4%) and its estimated rental value move up by £24 per month (4.0%). This results in an estimated gross rental yield of 6.6%.
Flat 3, 21, Cleveland Road, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Apr 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 3, 21, Cleveland Road, Lowestoft have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2023, was 6A, Pier Terrace, Lowestoft, NR33 0AB, a leasehold flat which sold for £130,000.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Cleveland Road, Lowestoft, NR33, Flat 3, 21, Cleveland Road, Lowestoft comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the NR33 district.
From Flat 3, 21, Cleveland Road, Lowestoft, the nearest station is Lowestoft, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 21, Cleveland Road, Lowestoft, 57.1% of property is privately rented and 19.5% 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 3, 21, Cleveland Road, Lowestoft, 22.8% of residents are recorded as possessing school level qualifications and 17.3% 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 3, 21, Cleveland Road, Lowestoft, the average age was 41.9 and the most common age was 57.
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 3, 21, Cleveland Road, Lowestoft, 0.6% 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 3, 21, Cleveland Road, Lowestoft, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.