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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 5, 41, Milton Road East, Lowestoft is described in the public record as a period apartment with 301 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 5, 41, Milton Road East, Lowestoft is £75,471 and its rental estimate is £401 per month, given the available information and assuming reasonable condition.
41, Milton Road East is a residential building on Milton Road East, Lowestoft, NR32 and falls within the NR32 postal district and the borough of East Suffolk.
Flat 5, 41, Milton Road East, Lowestoft has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2024.
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 5, 41, Milton Road East, Lowestoft, we estimate a market value of £79,245 and a rental value of £421 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,188 and £373 per month respectively.
Over the last year, Flat 5, 41, Milton Road East, Lowestoft has seen its estimated sale value move up by £478 (0.6%) and its estimated rental value increase by £19 per month (4.9%). This results in an estimated gross rental yield of 6.4%.
Flat 5, 41, Milton Road East, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 5, 41, Milton Road East, Lowestoft completed on 1st August 2003 at £34,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Over the past 2 years 2 properties similar to Flat 5, 41, Milton Road East, Lowestoft have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2010, was Flat 5, 47, Milton Road East, Lowestoft, NR32 1NU, a leasehold flat which sold for £50,000.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 52 addresses on Milton Road East, Lowestoft, NR32, Flat 5, 41, Milton Road East, Lowestoft comes out as the 41st largest and the 41st most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the NR32 district.
From Flat 5, 41, Milton Road East, Lowestoft, the nearest station is Lowestoft, 500 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 very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 41, Milton Road East, Lowestoft, 45.0% of property is privately rented and 22.5% is socially rented.
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 5, 41, Milton Road East, Lowestoft, 16.3% of residents are recorded as possessing school level qualifications and 16.8% 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 5, 41, Milton Road East, Lowestoft, the average age was 37.7 and the most common age was 27.
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 5, 41, Milton Road East, 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 5, 41, Milton Road East, Lowestoft, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
