16 Chestnut Avenue

    16, CHESTNUT AVENUE, LOWESTOFT, NR32 3JA

    This detached freehold property on Chestnut Avenue last sold in August 2022 for £500,000. Based on price growth in the NR32 district since then, its estimated current value is £492,621 — placing it in the 78th percentile nationally and the 96th percentile within NR32. The property covers 109 m² (1,173 sq ft), giving an estimated value of £4,519 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    109 m²

    (1,173 sq ft)

    Last Sale Price

    £500,000

    Aug 2022

    Estimated Valuation

    £492,621

    Est. £/m²

    £4,519/m²

    £420/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area109 m² (1,173 sq ft)
    EPC dateJun 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2022

    £500,000

    1 Nov 2016

    £249,950

    Key Metrics

    Estimated valuation£492,621
    Value per m² / sq ft£4,519/m² (£420/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile96th percentile
    National percentile78th 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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