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House Prices in NR33 House Prices in NR33 (Lowestoft)

The average house price in NR33 (Lowestoft) is £263,500 using HM Land Registry data.

The average property price increased by £63,498 (29.82%) over the last 5 years and increased by £12,720 (4.39%) over the last 12 months.

Over the last year, there were 451 residential property sales – a decrease of 122 transactions (-27.05%) relative to the previous year. The majority of house sales (115) were in the £184,000 - £228,000 range. Then came properties in the £228,000 - £272,000 range, where 82 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 128 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,595 (-2%).

In January 2025, there were 94 new estate agency instructions, 75 agreed home sales and 97 property price reductions.

Nearby Postcodes: IP18, IP19, NR14, NR31, NR32, NR34, NR35

5-Year Average Property Prices in NR33 (Lowestoft)

29.82%

Property prices in NR33 (Lowestoft) increased by 29.82% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NR33 (Lowestoft) Over the Last Year

4.39%

Property prices in NR33 (Lowestoft) increased by 4.39% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NR33 (Lowestoft) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NR33 (Lowestoft)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NR33 (Lowestoft)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NR33 (Lowestoft)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NR33 (Lowestoft) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR33 postcode area since 1995.

Recent Sales in NR33 (Lowestoft)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Damerson Went, Kessingland, Lowestoft, Suffolk, NR33 7PE£280,000£280,000£020 Aug 202419 Dec 2024121 Days
136 Beaconsfield Road, Lowestoft, Suffolk, NR33 0RH£140,000£137,000-£3,00019 Sep 202416 Dec 202488 Days
3 The Homestead, Carlton Colville, Lowestoft, Suffolk, NR33 8GP£425,000£417,500-£7,50025 Jun 202413 Dec 2024171 Days
82 Ship Road, Lowestoft, Suffolk, NR33 7DP£220,000£215,000-£5,00008 Jul 202413 Dec 2024158 Days
32 Green Drive, Lowestoft, Suffolk, NR33 7JR£180,000£180,000£013 Aug 202412 Dec 2024121 Days
2 Peak Dale, Carlton Colville, Lowestoft, Suffolk, NR33 8UZ£325,000£320,000-£5,00024 Jul 202412 Dec 2024141 Days
6 Conrad Close, Lowestoft, Suffolk, NR33 8QA£250,000£250,000£014 Oct 202412 Dec 202459 Days
5 Kestrel Green, Lowestoft, Suffolk, NR33 8PG£220,000£215,000-£5,00005 Jul 202409 Dec 2024157 Days
2 Richmond Road, Lowestoft, Suffolk, NR33 0EN£140,000£130,000-£10,00011 Sep 202406 Dec 202486 Days
3 Paddock Wood Close, Carlton Colville, Lowestoft, Suffolk, NR33 8RE£250,000£243,000-£7,00023 Jul 202402 Dec 2024132 Days
50 Uplands Close, Carlton Colville, Lowestoft, Suffolk, NR33 8AD£430,000£420,000-£10,00025 Jun 202426 Nov 2024154 Days
26 Strowgers Way, Kessingland, Lowestoft, Suffolk, NR33 7PA£220,000£210,000-£10,00025 Mar 202420 Nov 2024240 Days
16 Manor Walk, Kessingland, Lowestoft, Suffolk, NR33 7UD£235,000£230,000-£5,00016 Nov 202319 Nov 2024369 Days
42 Notley Road, Lowestoft, Suffolk, NR33 0UG£190,000£190,000£024 Jul 202418 Nov 2024117 Days
20 Rushton Drive, Carlton Colville, Lowestoft, Suffolk, NR33 8GB£125,000£115,000-£10,00030 Jul 202413 Nov 2024106 Days
15 Martin Close, Carlton Colville, Lowestoft, Suffolk, NR33 8TW£160,000£160,000£019 Sep 202411 Nov 202453 Days
8 Coverdale, Carlton Colville, Lowestoft, Suffolk, NR33 8TD£325,000£307,500-£17,50023 Aug 202411 Nov 202480 Days
11 Gratton Dale, Carlton Colville, Lowestoft, Suffolk, NR33 8WP£350,000£342,000-£8,00007 Feb 202406 Nov 2024273 Days
28 Pinewood Avenue, Lowestoft, Suffolk, NR33 9AQ£240,000£232,500-£7,50026 Apr 202430 Oct 2024187 Days
72 Southwell Road, Lowestoft, Suffolk, NR33 0RN£140,000£126,000-£14,00022 Jul 202428 Oct 202498 Days

Most Expensive Streets in NR33 (Lowestoft)

PostcodeStreetAreaAverageNo. of Sales
NR33 7LHThe AvenueLowestoft£534,0005
NR33 0DFKirkley Cliff RoadLowestoft£518,3333
NR33 9PSCotmer RoadLowestoft£470,0004
NR33 7LXSilverwood CloseLowestoft£453,0004
NR33 9ETElm Tree RoadLowestoft£442,7506
NR33 9PNCotmer RoadLowestoft£440,0005
NR33 8HRGrove Road, Carlton ColvilleLowestoft£435,1254
NR33 7SQChurch Road, KessinglandLowestoft£422,0006
NR33 7AYFerini GardensLowestoft£414,7857
NR33 7RWBeach Road, KessinglandLowestoft£407,5505

Least Expensive Streets in NR33 (Lowestoft)

PostcodeStreetAreaAverageNo. of Sales
NR33 9JYMarsh RoadLowestoft£86,09011
NR33 7RQSeaview Chalet Park, KessinglandLowestoft£98,5003
NR33 0BYKirkley CliffLowestoft£100,6506
NR33 0HFClifton RoadLowestoft£106,9166
NR33 0PHSt Johns RoadLowestoft£113,10012
NR33 0RTCarlton RoadLowestoft£114,6663
NR33 7RGSeaview Chalet Park, KessinglandLowestoft£114,8005
NR33 7NUKessingland Cottages, Rider Haggard LaneLowestoft£117,0005
NR33 7SDAlandale Drive, KessinglandLowestoft£121,7833
NR33 0HGUnion PlaceLowestoft£122,5004

Explore NR33 (Lowestoft) using map

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