31 Melrose Close

    31, MELROSE CLOSE, LOWESTOFT, LOWESTOFT, NR32 4QJ

    This terraced freehold property on Melrose Close last sold in May 2003 for £99,950. Based on price growth in the NR32 district since then, its estimated current value is £222,761 — placing it in the 30th percentile nationally and the 51st percentile within NR32. The property covers 76 m² (818 sq ft), giving an estimated value of £2,931 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    76 m²

    (818 sq ft)

    Last Sale Price

    £99,950

    May 2003

    Estimated Valuation

    £222,761

    Est. £/m²

    £2,931/m²

    £272/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area76 m² (818 sq ft)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2003

    £99,950

    12 Aug 1998

    £47,000

    Key Metrics

    Estimated valuation£222,761
    Value per m² / sq ft£2,931/m² (£272/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile51st percentile
    National percentile30th 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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