FLAT 4, 16, HIGH BEECH, LOWESTOFT, NR32 2RY - £145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 4 16 HIGH BEECH is a very large flat of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £157,921. It was last sold for £145,000 in April 2019, which was around 11% above the average April 2019 flat price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 4 16 HIGH BEECH Sold Prices

Land registry data shows five sales for FLAT 4 16 HIGH BEECH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the East Suffolk local authority area for the corresponding sale date. Most of the five FLAT 4 16 HIGH BEECH sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 9 APR	£145,000	£130,654	11% above HPI
2014 17 JAN	£115,000	£110,812	4% above HPI
2010 2 JUL	£110,000	£110,797	1% below HPI
2007 8 JAN	£102,000	£115,184	11% below HPI
2003 11 APR	£62,500	£81,765	24% below HPI

What might FLAT 4 16 HIGH BEECH be worth now?

FLAT 4 16 HIGH BEECH might now be worth an estimated £157,921.

This is based on house price inflation of 8.9%, between April 2019 and April 2026, for flats, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for FLAT 4 16 HIGH BEECH of £145,000 on 9th April 2019. For the value to have increased from £145,000 to £157,921 over the seven years to April 2026, the following assumptions must hold true:

• The value of FLAT 4 16 HIGH BEECH has moved in line with the HPI for flats in the East Suffolk local authority area.
• The April 2019 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 16 HIGH BEECH has not materially changed since April 2019.

How Large is FLAT 4 16 HIGH BEECH?

FLAT 4 16 HIGH BEECH is 120m² according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of flats in Lowestoft, based on EPC data. 98% of flats are smaller than FLAT 4 16 HIGH BEECH, and 2% of flats are larger. Note that EPC data is not available for all properties in Lowestoft.

FLAT 4 16 HIGH BEECH: Plot

FLAT 4 16 HIGH BEECH sits on a plot of roughly 0.247 of an acre, or 1,000m².

Where is FLAT 4 16 HIGH BEECH?

FLAT 4, 16 HIGH BEECH is located in LOWESTOFT, in the NR32 postcode district.