48 Lakeland Drive

    48, LAKELAND DRIVE, LOWESTOFT, NR32 2QT

    This terraced freehold property on Lakeland Drive last sold in March 2024 for £215,000. Based on price growth in the NR32 district since then, its estimated current value is £229,162 — placing it in the 32nd percentile nationally and the 53rd percentile within NR32. The property covers 85 m² (915 sq ft), giving an estimated value of £2,696 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £215,000

    Mar 2024

    Estimated Valuation

    £229,162

    Est. £/m²

    £2,696/m²

    £250/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateJun 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2024

    £215,000

    8 Jun 2020

    £160,000

    26 Aug 2014

    £134,000

    8 Apr 2005

    £114,995

    Key Metrics

    Estimated valuation£229,162
    Value per m² / sq ft£2,696/m² (£250/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile53rd percentile
    National percentile32nd 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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