16 Somerton Avenue

    16, SOMERTON AVENUE, LOWESTOFT, NR32 4EY

    This terraced freehold property on Somerton Avenue last sold in May 2024 for £145,000. Based on price growth in the NR32 district since then, its estimated current value is £154,551 — placing it in the 13th percentile nationally and the 22nd percentile within NR32. The property covers 62 m² (667 sq ft), giving an estimated value of £2,493 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £145,000

    May 2024

    Estimated Valuation

    £154,551

    Est. £/m²

    £2,493/m²

    £232/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area62 m² (667 sq ft)
    EPC dateNov 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 May 2024

    £145,000

    21 Jan 2011

    £104,000

    5 May 2006

    £104,995

    19 Dec 1997

    £32,000

    4 Jul 1997

    £16,500

    Key Metrics

    Estimated valuation£154,551
    Value per m² / sq ft£2,493/m² (£232/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile22nd percentile
    National percentile13th 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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