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According to the public record, Flat 7, 2, Kirkley Cliff, Lowestoft is a period apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 2, Kirkley Cliff, Lowestoft is £167,840 and the estimated rental value is £658 per month.
The apartment is within 2, Kirkley Cliff, Lowestoft, NR33.
Kirkley Cliff, Lowestoft, NR33 is located in the borough of East Suffolk within the NR33 postal district.
Flat 7, 2, Kirkley Cliff, Lowestoft has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data 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 7, 2, Kirkley Cliff, Lowestoft is in very good condition we estimate a sale value of £176,232 and a rental value of £691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,091 and a rental value of £612 per month.
Over the last 12 months the sale value of Flat 7 2 Kirkley Cliff Lowestoft has decreased by an estimated £782 (0.5%) and its rental value has increased by an estimated £26 per month (4.0%), giving an expected gross yield of 4.7%.
Flat 7, 2, Kirkley Cliff, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2022.
The property is not connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 2, Kirkley Cliff, Lowestoft within a radius of 470 metres over the last 2 years.
The most recent example is Flat 2, 12A, Kirkley Cliff, Lowestoft, NR33 0BY, a leasehold flat which sold for £125,000 on the 30th September 2022.
Read more about house prices in NR33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kirkley Cliff, Lowestoft, NR33 has a total of 69 addresses. According to our analysis of all the public data, Flat 7, 2, Kirkley Cliff, Lowestoft is the 41st largest and the 35th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NR33.
The closest station to Flat 7, 2, Kirkley Cliff, Lowestoft is Lowestoft station which is 1.1 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 7, 2, Kirkley Cliff, 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 7, 2, Kirkley Cliff, 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 7, 2, Kirkley Cliff, 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 7, 2, Kirkley Cliff, 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 7, 2, Kirkley Cliff, 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.