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According to the public record, Flat 3, 21, Wellington Esplanade, Lowestoft is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 618 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 3, 21, Wellington Esplanade, Lowestoft is £135,460 and the estimated rental value is £658 per month.
The apartment is within 21, Wellington Esplanade, Lowestoft, NR33.
Wellington Esplanade, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
Flat 3, 21, Wellington Esplanade, Lowestoft has 31 entries in the Land Registry , most recently in March 2016 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 1 out of 5 and is considered of low 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 3, 21, Wellington Esplanade, Lowestoft is in very good condition we estimate a sale value of £142,233 and a rental value of £690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,978 and a rental value of £612 per month.
Over the last 12 months the sale value of Flat 3 21 Wellington Esplanade Lowestoft has decreased by an estimated £609 (0.4%) and its rental value has increased by an estimated £26 per month (4.0%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 3, 21, Wellington Esplanade, Lowestoft was last sold on 24th March 2016 for £96,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2016, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 21, Wellington Esplanade, Lowestoft within a radius of 490 metres over the last 2 years.
The most recent example is Flat 3, 24, Wellington Esplanade, Lowestoft, NR33 0QQ, a leasehold flat which sold for £145,000 on the 5th March 2019.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Esplanade, Lowestoft, NR33 has a total of 82 addresses. According to our analysis of all the public data, Flat 3, 21, Wellington Esplanade, Lowestoft is the 23rd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in NR33.
The closest station to Flat 3, 21, Wellington Esplanade, Lowestoft is Lowestoft station which is 900 metres 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 3, 21, Wellington Esplanade, Lowestoft, 77.4% of property is privately rented and 14.8% 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 3, 21, Wellington Esplanade, Lowestoft, 8.5% of residents are recorded as possessing school level qualifications and 21.7% 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, Wellington Esplanade, 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, Wellington Esplanade, 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 3, 21, Wellington Esplanade, Lowestoft, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
