88 Somerton Avenue

    88, SOMERTON AVENUE, LOWESTOFT, NR32 4EZ

    This terraced freehold property on Somerton Avenue last sold in August 2016 for £114,000. Based on price growth in the NR32 district since then, its estimated current value is £163,674 — placing it in the 15th percentile nationally and the 26th percentile within NR32. The property covers 68 m² (732 sq ft), giving an estimated value of £2,407 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    68 m²

    (732 sq ft)

    Last Sale Price

    £114,000

    Aug 2016

    Estimated Valuation

    £163,674

    Est. £/m²

    £2,407/m²

    £224/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area68 m² (732 sq ft)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Aug 2016

    £114,000

    8 Sept 2011

    £93,500

    1 Aug 2003

    £70,000

    26 Jun 1998

    £25,000

    27 Sept 1996

    £25,000

    26 Apr 1996

    £24,252

    Key Metrics

    Estimated valuation£163,674
    Value per m² / sq ft£2,407/m² (£224/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile26th percentile
    National percentile15th 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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