Average Price for property in Park Road, Lowestoft, NR32 is around £146,292 which varies based on type of property you are interested in and ranges from £173,934 for detached house to around £243,547 for semi-detached. Similarly terraced house is around £133,227 and a flat is worth £75,133. Values have been changing and have risen £970 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,571 in last 6 months, £10,618 in last 1 year, £16,228 in last 2 years, £18,582 in last 3 years, £17,334 in last 4 years and £16,054 in last 5 years.
Currently average asking price of a property in Park Road, Lowestoft, NR32 is around £190,644 based on approximately 2 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £843 per month.
Estimated property value in Park Road, Lowestoft, NR32 is £146,292. Average asking price is £190,644 while average price paid is £191,750 which is up by £10,618 and Avg. asking rent £843.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Park Road, Lowestoft, NR32 area. In last 1 year alone average price buyer paid is around £191,750 based on approximately 2 sales in Park Road, Lowestoft, NR32 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £151,375. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £144,562 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £136,817 per sale.