Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
61 ROYAL AVENUE is a terraced house in LOWESTOFT, SUFFOLK.
First sale date of 1997 suggests this property has been part of the NR32 4HJ market for 28 years.
Transaction History
First recorded sale was in 1997 at £52,500, with 4 total transactions recorded over the property's history.
Latest sale occurred on 17 February 2023 for £225,000, representing a 73.1% increase from the previous sale in 2012.
Over 28 years of ownership history, this property has seen 4 ownership changes, averaging approximately 7.0 years between sales.
Since last selling in 2023, the property's estimated value has grown by approximately £70,121, representing a 10% annual growth rate over 2.8 years.
Market Position
Ranks as the 10th most expensive property in NR32 4HJ based on latest sale prices, placing it in the top 31% of properties in the postcode.
Priced 27.4% above the NR32 4HJ average of £176,579 for all property types.
Current estimated value ranges from £265,609 to £324,633, with a central estimate of £295,121 based on market growth trends.
Comparative Market Analysis
ROYAL AVENUE has 32 recorded properties with an average sale price of £176,579. This property is 27.4% above the street average.
Across all property types in NR32 4HJ, 4 properties have sold over the past 12 months at an average of £264,000.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £295,121 | 31.2% | - |
| 17/02/2023 | £225,000 | +73.1% | terraced house |
| 14/12/2012 | £130,000 | +130.1% | terraced house |
| 25/06/1999 | £56,500 | +7.6% | terraced house |
| 14/08/1997 | £52,500 | - | terraced house |
Price History
Market Statistics - NR32 4HJ
Property Types
Similar Properties in NR32 4HJ
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .