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House Prices in NR32

The average house price in NR32 (Lowestoft) is £237,406 using HM Land Registry data.

The average property price increased by £14,501 (6.17%) over the last 5 years and increased by £2,899 (1.17%) over the last 12 months.

Over the last year, there were 432 residential property sales – a decrease of 98 transactions (-22.69%) relative to the previous year. The majority of house sales (105) were in the £166,000 - £222,000 range. Then came properties in the £222,000 - £278,000 range, where 91 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,400 (-3%).

In Mar 2026, there were 143 new estate agency instructions, 83 agreed home sales and 114 property price reductions.

5-Year Average Property Prices in NR32 (Lowestoft)

6.17%

Property prices in NR32 (Lowestoft) increased by 6.17% 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 NR32 (Lowestoft) Over the Last Year

1.17%

Property prices in NR32 (Lowestoft) increased by 1.17% 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.

Property Market Heat Gauge for NR32 (Lowestoft) - Mar 2026

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 NR32 (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 NR32 (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 NR32 (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 NR32 (Lowestoft) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NR32 postcode area since 1995.

Recent Sales in NR32 (Lowestoft)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
28 Wissett Way, Lowestoft, NR32 4DL	£190,000	£190,000	£0	08 Sep 2025	19 Dec 2025	102 Days
51 Moyes Road, Lowestoft, NR32 3NY	£220,000	£210,000	-£10,000	04 Dec 2025	12 Dec 2025	8 Days
Melrose Cottage, Back Lane, Lowestoft, NR32 5NE	£375,000	£368,000	-£7,000	17 May 2025	11 Dec 2025	208 Days
16 Cambrian Crescent, Oulton, NR32 3HW	£350,000	£345,000	-£5,000	15 Jul 2025	05 Dec 2025	143 Days
37 Pritchard Close, Lowestoft, NR32 3QY	£220,000	£217,000	-£3,000	12 Aug 2025	05 Dec 2025	115 Days
44 Mount Pleasant, Lowestoft, NR32 4JB	£190,000	£188,000	-£2,000	14 Feb 2025	04 Dec 2025	293 Days
22 Bishops Walk, Lowestoft, NR32 4JN	£350,000	£350,000	£0	17 Jul 2025	01 Dec 2025	137 Days
41 Dubordien Close, Lowestoft, NR32 3FN	£198,000	£190,000	-£8,000	06 Jun 2025	28 Nov 2025	175 Days
56 Crown Street West, Lowestoft, NR32 1SQ	£120,000	£118,000	-£2,000	02 Sep 2025	28 Nov 2025	87 Days
26 Lupton Close, Lowestoft, NR32 3QS	£175,000	£170,000	-£5,000	20 Mar 2025	28 Nov 2025	253 Days
61 Oxford Road, Lowestoft, NR32 1TN	£175,000	£170,000	-£5,000	06 May 2025	28 Nov 2025	206 Days
19 Sandringham Road, Lowestoft, NR32 2BU	£150,000	£148,000	-£2,000	25 Jul 2025	25 Nov 2025	123 Days
8 Haven Avenue, Lowestoft, NR32 4JA	£240,000	£235,000	-£5,000	10 Jun 2025	25 Nov 2025	168 Days
21 Gloucester Avenue, Lowestoft, NR32 4SH	£240,000	£235,000	-£5,000	11 Feb 2025	21 Nov 2025	283 Days
17 Howley Gardens, Lowestoft, NR32 4WF	£200,000	£195,000	-£5,000	17 Jun 2025	21 Nov 2025	157 Days
39 June Avenue, Lowestoft, NR32 2RR	£220,000	£212,500	-£7,500	11 Jul 2025	20 Nov 2025	132 Days
39 Fallowfields, Lowestoft, NR32 4WQ	£280,000	£280,000	£0	19 Jul 2025	20 Nov 2025	124 Days
11 Alexandra Road, Lowestoft, NR32 1PH	£240,000	£235,000	-£5,000	12 Apr 2025	18 Nov 2025	220 Days
144 Spashett Road, Lowestoft, NR32 4DH	£250,000	£245,000	-£5,000	22 Jul 2025	14 Nov 2025	115 Days
64 Bevan Street West, Lowestoft, NR32 2AE	£120,000	£115,000	-£5,000	11 Feb 2025	14 Nov 2025	276 Days

Most Expensive Streets in NR32 (Lowestoft)

Postcode	Street	Area	Average	No. of Sales
NR32 3PJ	Romany Road	Lowestoft	£705,000	3
NR32 3PE	Pegasus Mews	Lowestoft	£611,250	4
NR32 3PL	Broadview Road	Lowestoft	£606,071	7
NR32 5HD	Corton Long Lane	Lowestoft	£589,750	4
NR32 5HB	Corton Long Lane	Lowestoft	£584,987	4
NR32 3PW	Borrow Road	Lowestoft	£548,000	5
NR32 4NU	Glebe Close	Lowestoft	£539,000	5
NR32 4AQ	Yarmouth Road	Lowestoft	£518,333	3
NR32 3PT	Prospect Road	Lowestoft	£506,000	5
NR32 5BA	Dickens Court	Lowestoft	£488,333	3

Least Expensive Streets in NR32 (Lowestoft)

Postcode	Street	Area	Average	No. of Sales
NR32 5HS	Waterside Park, The Street, Corton	Lowestoft	£66,944	9
NR32 2AB	Bevan Street West	Lowestoft	£90,600	5
NR32 2NA	St Peters Street	Lowestoft	£94,666	3
NR32 4PB	North Parade	Lowestoft	£96,125	4
NR32 1JN	The Hemplands	Lowestoft	£103,625	4
NR32 4JJ	Lymm Road	Lowestoft	£104,333	3
NR32 2AF	Bevan Street West	Lowestoft	£105,000	5
NR32 2EA	Alma Road	Lowestoft	£105,400	5
NR32 2DH	Roman Road	Lowestoft	£105,500	3
NR32 4TX	Kelly Pain Court, St Margarets Road	Lowestoft	£105,500	7