Flat 4, Park Mansions, 3 North Parade, Lowestoft, NR32 4PB is a leasehold flat built before 1900. The property offers approximately 1,292 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £95,663 , which equates to approximately £74 per square foot. It was last sold on 13 Dec 2019 for £85,000. Since then, the value has increased by £10,663, representing a 12.5% increase, or approximately 2.1% per year.

The current estimated value of £95,663 is:

  • 31.0% lower than the average property price on North Parade
  • 6.5% lower than the average in the NR32 4PB postcode area
  • and 58.5% lower than the average price for Lowestoft as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 30 May 2019, the property was recorded as owner-occupied.

View sold house prices in NR32 4PB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1292 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£95,663
Price Per sq ft (estimate)
£74
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 4, Park Mansions, 3 North Parade, Lowestoft, Waveney, Suffolk, NR32 4PB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 May 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 have some double glazing.

The previous EPC assessment was conducted on 5 Nov 2008, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 231.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from poor to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from flat, no insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 42% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Some double glazing
Very Poor
Lighting
Low energy lighting in 42% of fixed outlets
Average

Compared to NR32 4PB

8 th / 30
Price Rank
6% lower than average
2 nd / 23
Size Rank
90% bigger than average
22 nd / 23
Price Per Sq FT Rank
51% lower than average

Compared to other properties in NR32 4PB , this flat's estimated value ranks 8th out of 30. Based on price per square foot, it ranks 22th out of 23 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 2nd out of 23 properties in its postcode area.

Sale History

Today
£95,663
streetscan.co.uk estimate
+13 %
13 Dec 2019
£85,000
Leasehold
-10.5 %
9 Nov 2015
£95,000
Leasehold
+39.7 %
1 Dec 2008
£68,000
Leasehold
+7.9 %
25 Nov 2005
£63,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Park Mansions, 4 North Parade, Lowestoft, NR32 4PB
rooms: 5
size: 1109 sq ft
sale price: £84,000
sale date: 8 Jul 2020

Data Sources

The property at Flat 4, Park Mansions, 3 North Parade, Lowestoft, NR32 4PB appears four times in the Land Registry records, with the latest transaction recorded on 13 Dec 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 May 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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