17 Melbourne Road

    17, MELBOURNE ROAD, LOWESTOFT, NR32 1SR

    This terraced freehold property on Melbourne Road last sold in May 2016 for £105,000. Based on price growth in the NR32 district since then, its estimated current value is £150,753 — placing it in the 13th percentile nationally and the 21st percentile within NR32. The property covers 72 m² (775 sq ft), giving an estimated value of £2,094 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    72 m²

    (775 sq ft)

    Last Sale Price

    £105,000

    May 2016

    Estimated Valuation

    £150,753

    Est. £/m²

    £2,094/m²

    £195/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area72 m² (775 sq ft)
    EPC dateSept 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 May 2016

    £105,000

    20 Dec 2007

    £99,500

    11 Mar 2005

    £78,000

    26 Apr 2002

    £44,995

    Key Metrics

    Estimated valuation£150,753
    Value per m² / sq ft£2,094/m² (£195/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile21st percentile
    National percentile13th percentile

    District Context — NR32

    NR32 covers Great Yarmouth and the surrounding coastal areas of Norfolk, situated on the east coast. It is a seaside town with a mixed demographic profile and relatively affordable housing compared to national averages.

    Average Property Price - NR32

    £238,229

    24

    National percentile

    Average Net Household Income - NR32

    £33,294

    21

    National percentile

    10-Year Annualised Price Growth - NR32

    3.9%

    62

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR32

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