Northlea, Lowestoft
Northlea, Lowestoft
Description & Estimates
Public records show Northlea, Lowestoft to be a mid-century freehold house with 1,700 ft2 of internal area, sitting on a 591 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Northlea, Lowestoft has an estimated sale value of £450,771 and an estimated rental value of £1,576 per month, assuming reasonable condition and based on the information available.
Gunton Avenue, Lowestoft, NR32 lies in the borough of East Suffolk, within the NR32 postal district.
Our Data Sources
Northlea, Lowestoft has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Northlea, Lowestoft would be worth £473,309, with a potential rental value of £1,655 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £419,217, with a rental value of £1,466 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Northlea, Lowestoft has dropped by £9,503 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (2.1%). The property's estimated gross yield is currently 4.2%.
Plot Size
Northlea, Lowestoft occupies a 591 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
Northlea, Lowestoft has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Northlea, Lowestoft last changed hands on 30th November 2020, selling for £338,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 13.0% since November 2020.
- Sold Nov 2020£338,000
- Sold Feb 2004£247,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of Northlea, Lowestoft across the last 2 years.
Most recently, 50, Corton Long Lane, Lowestoft, NR32 5HB, a freehold house, sold at £535,000 on the 15th September 2023.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Northlea, Lowestoft as the 2nd largest and the 2nd most expensive of the 9 addresses on Gunton Avenue, Lowestoft, NR32.
Against the NR32 postcode district average, it is £223k more expensive than the typical property.
More reading links
Schools Nearby
- 800mGunton Primary Academy
- 1.3kmCorton Church of England Voluntary Aided Primary School
- 2.1kmWoods Loke Primary School
- 1.0kmBenjamin Britten Academy of Music and Mathematics
- 2.1kmOrmiston Denes Academy
- 4.2kmEast Point Academy
More reading links
Public Transport Nearby
Oulton Broad North station is the nearest stop to Northlea, Lowestoft at 3.3 kilometres away.
- 3.3kmOulton Broad North
- 3.7kmLowestoft
- 4.4kmOulton Broad South
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
