Flat 1, 16 Commercial Road, Lowestoft, NR32 2TD is a freehold terraced property built before 1900. The property offers approximately 420 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £136,471 , which equates to approximately £325 per square foot. It was last sold on 18 Mar 2002 for £40,000. Since then, the value has increased by £96,471, representing a 241.2% increase, or approximately 10.1% per year.

The current estimated value of £136,471 is:

  • 59.5% lower than the average property price on Commercial Road
  • 25.6% lower than the average in the NR32 2TD postcode area
  • and 42.4% lower than the average price for Lowestoft as a whole

View sold house prices in NR32 2TD

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
420 sq ft
Tenure
Freehold
Price (estimate)
£136,471
Price Per sq ft (estimate)
£325
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 16 Commercial Road, Lowestoft, Waveney, Suffolk, NR32 2TD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Dec 2019.

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 30 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 16.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Average
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR32 2TD

5 th / 12
Price Rank
26% lower than average
5 th / 5
Size Rank
64% smaller than average
1 st / 5
Price Per Sq FT Rank
107% higher than average

Compared to other properties in NR32 2TD , this flat's estimated value ranks 5th out of 12. Based on price per square foot, it ranks 1st out of 5 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 5th out of 5 properties in its postcode area.

Sale History

Today
£136,471
streetscan.co.uk estimate
+241 %
18 Mar 2002
£40,000
Leasehold

Area Insights

Nearby Properties

19 Commercial Road, Lowestoft, NR32 2TD
rooms: 2
size: 915 sq ft
sale price: £62,000
sale date: 22 Sep 2005
10 Commercial Road, Lowestoft, NR32 2TD
rooms: 6
size: 976 sq ft
sale price: £50,000
sale date: 1 May 2003
6 Commercial Road, Lowestoft, NR32 2TD
rooms:
size: 635 sq ft
sale price: £50,000
sale date: 9 Mar 2009
2 Commercial Road, Lowestoft, NR32 2TD
rooms: 5
size: 1389 sq ft
sale price: £91,000
sale date: 15 Dec 2016

Data Sources

The property at Flat 1, 16 Commercial Road, Lowestoft, Waveney, Suffolk, NR32 2TD appears once in the Land Registry records, with the transaction recorded on 18 Mar 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Dec 2019. 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.
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