16 Gainsborough Drive, Lowestoft, NR32 4LX is a leasehold flat built between 1976-1982. The property offers approximately 840 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £121,923 , which equates to approximately £145 per square foot. It was last sold on 3 Oct 2014 for £95,000. Since then, the value has increased by £26,923, representing a 28.3% increase, or approximately 2.5% per year.

The current estimated value of £121,923 is:

  • 58.8% lower than the average property price on Gainsborough Drive
  • 64.5% lower than the average in the NR32 4LX postcode area
  • and 47.2% lower than the average price for Lowestoft as a whole

At the most recent EPC inspection on 21 April 2021, the property was recorded as rented.

View sold house prices in NR32 4LX

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£121,923
Price Per sq ft (estimate)
£145
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Gainsborough Drive, Lowestoft, Waveney, Suffolk, NR32 4LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Apr 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Nov 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 18.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 42% of fixed outlets to low energy lighting in 29% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to NR32 4LX

14 th / 16
Price Rank
64% lower than average
8 th / 9
Size Rank
39% smaller than average
8 th / 9
Price Per Sq FT Rank
42% lower than average

Compared to other properties in NR32 4LX , this flat's estimated value ranks 14th out of 16. Based on price per square foot, it ranks 8th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 9 properties in its postcode area.

Sale History

Today
£121,923
streetscan.co.uk estimate
+28 %
3 Oct 2014
£95,000
Leasehold
+100 %
18 Dec 2000
£47,500
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 2120 sq ft
sale price: £340,000
sale date: 19 Aug 2020
rooms: 4
size: 915 sq ft
sale price: £277,000
sale date: 12 Mar 2024
rooms: 4
size: 1249 sq ft
sale price: £305,000
sale date: 25 Feb 2021
rooms: 5
size: 1313 sq ft
sale price: £250,000
sale date: 15 Jun 2016
rooms: 3
size: 509 sq ft
sale price: £77,500
sale date: 22 Oct 2012

Data Sources

The property at 16 Gainsborough Drive, Lowestoft, NR32 4LX appears two times in the Land Registry records, with the latest transaction recorded on 3 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Apr 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.