2 Somermead Court Maltsters Way

    2 SOMERMEAD COURT, MALTSTERS WAY, LOWESTOFT, NR32 3PQ

    This flat/maisonette leasehold property on Maltsters Way last sold in February 2012 for £165,995. Based on price growth in the NR32 district since then, its estimated current value is £283,898 — placing it in the 46th percentile nationally and the 73rd percentile within NR32. The property covers 120 m² (1,292 sq ft), giving an estimated value of £2,366 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    120 m²

    (1,292 sq ft)

    Last Sale Price

    £165,995

    Feb 2012

    Estimated Valuation

    £283,898

    Est. £/m²

    £2,366/m²

    £220/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area120 m² (1,292 sq ft)
    EPC dateMar 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2012

    £165,995

    10 May 1996

    £65,000

    Key Metrics

    Estimated valuation£283,898
    Value per m² / sq ft£2,366/m² (£220/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile73rd percentile
    National percentile46th 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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