1 Malvern Rise

    1, MALVERN RISE, LOWESTOFT, NR32 4EH

    This detached freehold property on Malvern Rise last sold in August 2020 for £226,000. Based on price growth in the NR32 district since then, its estimated current value is £246,007 — placing it in the 36th percentile nationally and the 60th percentile within NR32. The property covers 60 m² (646 sq ft), giving an estimated value of £4,100 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    60 m²

    (646 sq ft)

    Last Sale Price

    £226,000

    Aug 2020

    Estimated Valuation

    £246,007

    Est. £/m²

    £4,100/m²

    £381/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area60 m² (646 sq ft)
    EPC dateJul 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2020

    £226,000

    28 Feb 2018

    £174,995

    Key Metrics

    Estimated valuation£246,007
    Value per m² / sq ft£4,100/m² (£381/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile60th percentile
    National percentile36th 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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