According to the public record, 16, Orchard Close, Lowestoft is a mid-century freehold house and with 764 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchard Close, Blundeston, Lowestoft, NR32 is located in the borough of East Suffolk within the NR32 postal district.
16, Orchard Close, Lowestoft has a single entry in the Land Registry database from November 2015 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Orchard Close Lowestoft as £246,025 and the rental value as £921 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 16 Orchard Close Lowestoft has increased by £3,049 (1.2%) and its rental value has increased by £25 per month (2.8%).
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 16, Orchard Close, Lowestoft is in very good condition we estimate a sale value of £258,326 and rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,803 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £246,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,209 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Orchard Close, Lowestoft sits on a plot of 281m2.
We have plot size data on 7 out of 11 other houses in the postcode and 16, Orchard Close, Lowestoft sits on the 6th largest plot.
According to HM Land Registry, 16, Orchard Close, Lowestoft was last sold on 17 Nov 2015 for £145,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 45.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Orchard Close, Lowestoft within a radius of 176m over the last 2 years.
The most recent example is 13, Meadowlands, Lowestoft, NR32 5AS, a Freehold house which sold for £298,000 in Aug 2023.
Read more about house prices in NR32.
Orchard Close, Blundeston, Lowestoft, NR32 has a total of 19 addresses. According to our analysis of all the public data, 16, Orchard Close, Lowestoft is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in NR32.
16, Orchard Close, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Orchard Close, Lowestoft is Somerleyton station which is 3.9 km away.
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 16, Orchard Close, Lowestoft, 47.5% of property is privately owned outright and 37.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 16, Orchard Close, Lowestoft, 18.3% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Orchard Close, Lowestoft, the average age was 50.4 and the most common age was 72.
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 16, Orchard Close, Lowestoft, 1.0% 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 16, Orchard Close, Lowestoft, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.