3 Somermead Court Maltsters Way

    3 SOMERMEAD COURT, MALTSTERS WAY, LOWESTOFT, LOWESTOFT, NR32 3PQ

    This flat/maisonette leasehold property on Maltsters Way last sold in September 2003 for £250,000. Based on price growth in the NR32 district since then, its estimated current value is £446,617 — placing it in the 73rd percentile nationally and the 94th percentile within NR32. The property covers 120 m² (1,292 sq ft), giving an estimated value of £3,722 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £250,000

    Sept 2003

    Estimated Valuation

    £446,617

    Est. £/sq ft

    £346/sq ft

    £3,722/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,292 sq ft (120 m²)
    EPC dateMar 2025
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2003

    £250,000

    19 Feb 2001

    £120,000

    Key Metrics

    Estimated valuation£446,617
    Value per sq ft / m²£346/sq ft (£3,722/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile94th percentile
    National percentile73rd 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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