16 Lakeland Drive

    16, LAKELAND DRIVE, LOWESTOFT, NR32 2QT

    This flat/maisonette leasehold property on Lakeland Drive last sold in March 2023 for £85,000. Based on price growth in the NR32 district since then, its estimated current value is £88,854 — placing it in the 2nd percentile nationally and the 2nd percentile within NR32. The property covers 45 m² (484 sq ft), giving an estimated value of £1,975 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    45 m²

    (484 sq ft)

    Last Sale Price

    £85,000

    Mar 2023

    Estimated Valuation

    £88,854

    Est. £/m²

    £1,975/m²

    £183/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area45 m² (484 sq ft)
    EPC dateSept 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2023

    £85,000

    18 Feb 2005

    £63,000

    15 Oct 2001

    £14,040

    Key Metrics

    Estimated valuation£88,854
    Value per m² / sq ft£1,975/m² (£183/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile2nd percentile
    National percentile2nd 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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