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House Prices in NR33 House Prices in NR33 (Lowestoft)

The average house price in NR33 (Lowestoft) is £204,285 using HM Land Registry data.

The average property price increased by £78,700 (29.82%) over the last 5 years and increased by £15,733 (4.39%) over the last 12 months.

Over the last year, there were 421 residential property sales – a decrease of 256 transactions (-60.81%) relative to the previous year. The majority of house sales (93) were in the £182,000 - £224,000 range. Then came properties in the £224,000 - £266,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,762 (-2%).

In June 2024, there were 107 new estate agency instructions, 96 agreed home sales and 96 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 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 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) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
106 Dell Road, Lowestoft, Suffolk, NR33 9NT£260,000£260,000£0007 Feb 202417 May 2024100 Days
14 Kendal Road, Lowestoft, Suffolk, NR33 0JG£300,000£300,000£0002 Nov 202317 May 2024197 Days
66 Kimberley Road, Lowestoft, Suffolk, NR33 0TZ£200,000£192,500-£7,50026 Oct 202315 May 2024202 Days
7 Chipperfield Road, Kessingland, Lowestoft, Suffolk, NR33 7SS£230,000£230,000£0001 Feb 202415 May 2024104 Days
177 Victoria Road, Lowestoft, Suffolk, NR33 9LP£184,950£150,000-£34,95011 Dec 201810 May 20241977 Days
18 Meadow Way, Carlton Colville, Lowestoft, Suffolk, NR33 8LF£200,000£200,000£0015 Dec 202309 May 2024146 Days
19 Coopers Drive, Kessingland, Lowestoft, Suffolk, NR33 7RU£230,000£225,000-£5,00028 Sep 202303 May 2024218 Days
17 Grayson Avenue, Pakefield, Lowestoft, Suffolk, NR33 7BB£250,000£240,000-£10,00021 Nov 202322 Apr 2024153 Days
41 Hollow Grove Way, Lowestoft, Suffolk, NR33 8NS£110,000£110,000£0005 Apr 202417 Apr 202412 Days
198 Lloyds Avenue, Kessingland, Lowestoft, Suffolk, NR33 7TU£210,000£210,000£0030 Jan 202412 Apr 202473 Days
24 Keel Close, Carlton Colville, Lowestoft, Suffolk, NR33 8GT£250,000£244,000-£6,00014 Jul 202312 Apr 2024273 Days
1 Rumsby Cottages, Gisleham, Lowestoft, Suffolk, NR33 8DY£240,000£229,000-£11,00010 May 202305 Apr 2024331 Days
20 Heigham Drive, Lowestoft, Suffolk, NR33 9DY£215,000£212,000-£3,00021 Feb 202405 Apr 202444 Days
10 Mill Road, Lowestoft, Suffolk, NR33 0PW£130,000£120,000-£10,00031 Oct 202328 Mar 2024149 Days
8 Witney Road, Lowestoft, Suffolk, NR33 7AW£220,000£210,000-£10,00026 Feb 202426 Mar 202429 Days
1 Walmer Road, Lowestoft, Suffolk, NR33 7LE£320,000£306,000-£14,00031 Oct 202322 Mar 2024143 Days
98 Lowestoft Road, Carlton Colville, Lowestoft, Suffolk, NR33 8JB£200,000£195,000-£5,00002 Oct 202322 Mar 2024172 Days
9 The Street, Carlton Colville, Lowestoft, Suffolk, NR33 8JW£300,000£300,000£0003 Jan 202422 Mar 202479 Days
8 Stansfield Close, Lowestoft, Suffolk, NR33 9AE£300,000£300,000£0008 Aug 202322 Mar 2024227 Days
49 Florence Road, Lowestoft, Suffolk, NR33 7BY£280,000£275,000-£5,00002 Jan 202422 Mar 202480 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 7AYFerini GardensLowestoft£450,4378
NR33 9PWCotmer RoadLowestoft£448,1254
NR33 9ETElm Tree RoadLowestoft£442,7506
NR33 8HRGrove Road, Carlton ColvilleLowestoft£435,1254
NR33 8BBRectory Road, Carlton ColvilleLowestoft£432,0004
NR33 7SQChurch Road, KessinglandLowestoft£422,0006
NR33 9PNCotmer RoadLowestoft£409,0006

Least Expensive Streets in NR33 (Lowestoft)

PostcodeStreetAreaAverageNo. of Sales
NR33 9JYMarsh RoadLowestoft£86,66612
NR33 0BYKirkley CliffLowestoft£91,2805
NR33 7RQSeaview Chalet Park, KessinglandLowestoft£98,5003
NR33 7RGSeaview Chalet Park, KessinglandLowestoft£103,7086
NR33 7NUKessingland Cottages, Rider Haggard LaneLowestoft£103,7504
NR33 0HFClifton RoadLowestoft£103,9005
NR33 8FNButtermere Way, Carlton ColvilleLowestoft£106,1666
NR33 0PHSt Johns RoadLowestoft£110,78413
NR33 0RTCarlton RoadLowestoft£114,6663
NR33 0RWSouthwell RoadLowestoft£119,5005

Explore NR33 (Lowestoft) using map

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