40 Somerton Avenue

    40, SOMERTON AVENUE, LOWESTOFT, NR32 4EY

    This terraced freehold property on Somerton Avenue last sold in July 2020 for £110,000. Based on price growth in the NR32 district since then, its estimated current value is £133,078 — placing it in the 9th percentile nationally and the 13th percentile within NR32. The property covers 70 m² (753 sq ft), giving an estimated value of £1,901 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    70 m²

    (753 sq ft)

    Last Sale Price

    £110,000

    Jul 2020

    Estimated Valuation

    £133,078

    Est. £/m²

    £1,901/m²

    £177/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area70 m² (753 sq ft)
    EPC dateFeb 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2020

    £110,000

    Key Metrics

    Estimated valuation£133,078
    Value per m² / sq ft£1,901/m² (£177/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile13th percentile
    National percentile9th 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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