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Lowestoft House Prices

The average house price in Lowestoft is £228,244 using HM Land Registry data.

The average property price increased by £43,137 (20.76%) over the last 5 years and increased by £8,643 (3.57%) over the last 12 months.

Over the last year, there were 768 residential property sales – a decrease of 147 transactions (-19.14%) relative to the previous year. The majority of house sales (189) were in the £168,000 - £216,000 range. Then came properties in the £216,000 - £264,000 range, where 149 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 174 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,829 (-2%).

In March 2025, there were 200 new estate agency instructions, 143 agreed home sales and 150 property price reductions.

5-Year Average Property Prices in Lowestoft

20.76%

Property prices in Lowestoft increased by 20.76% 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 Lowestoft Over the Last Year

3.57%

Property prices in Lowestoft increased by 3.57% 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 Lowestoft - March 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Lowestoft since 1995

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

Recent Property Sales in Lowestoft

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Andrew Way, Lowestoft, Suffolk, NR33 8PY	£290,000	£285,000	-£5,000	07 Aug 2024	24 Feb 2025	201 Days
11 Jacobs Street, Lowestoft, Suffolk, NR32 2LN	£150,000	£147,500	-£2,500	15 Nov 2024	24 Feb 2025	101 Days
7 Raglan Street, Lowestoft, Suffolk, NR32 2JP	£80,000	£80,000	£0	06 Dec 2024	21 Feb 2025	77 Days
2 Allen Road, Lowestoft, Suffolk, NR32 3PD	£200,000	£175,000	-£25,000	11 May 2022	21 Feb 2025	1017 Days
11 Regan Close, Lowestoft, Suffolk, NR32 4WY	£200,000	£196,000	-£4,000	04 Jun 2024	21 Feb 2025	262 Days
11 Astbury Road, Lowestoft, Suffolk, NR32 4NP	£160,000	£150,000	-£10,000	27 Sep 2024	17 Feb 2025	143 Days
74 Southwell Road, Lowestoft, Suffolk, NR33 0RN	£140,000	£138,000	-£2,000	07 Jan 2025	14 Feb 2025	38 Days
12 Rowan Way, Lowestoft, Suffolk, NR33 8PT	£240,000	£235,000	-£5,000	11 Jul 2024	14 Feb 2025	218 Days
19 Wainwright Close, Lowestoft, Suffolk, NR32 4WG	£200,000	£195,000	-£5,000	28 Oct 2024	14 Feb 2025	109 Days
73 Montgomery Avenue, Lowestoft, Suffolk, NR32 4DU	£200,000	£197,500	-£2,500	22 Jul 2024	14 Feb 2025	207 Days
144 Carlton Road, Lowestoft, Suffolk, NR33 0NB	£180,000	£170,000	-£10,000	15 Nov 2024	12 Feb 2025	89 Days
4 Ubbeston Way, Lowestoft, Suffolk, NR33 7HG	£210,000	£95,000	-£115,000	12 Mar 2024	07 Feb 2025	332 Days
300 Normanston Drive, Lowestoft, Suffolk, NR32 2PS	£250,000	£250,000	£0	15 Aug 2024	06 Feb 2025	175 Days
60 Witney Green, Lowestoft, Suffolk, NR33 7AP	£230,000	£228,000	-£2,000	04 Dec 2024	05 Feb 2025	63 Days
11 Dell Road East, Lowestoft, Suffolk, NR33 9LA	£180,000	£180,000	£0	13 Nov 2024	05 Feb 2025	84 Days
12 St Leonards Road, Lowestoft, Suffolk, NR33 0EJ	£165,000	£165,000	£0	07 Oct 2024	03 Feb 2025	119 Days
32 Diprose Drive, Lowestoft, Suffolk, NR32 4GB	£220,000	£218,000	-£2,000	19 Aug 2024	03 Feb 2025	168 Days
18 Pleasurewood Close, Lowestoft, Suffolk, NR32 4NR	£285,000	£280,000	-£5,000	21 Feb 2024	03 Feb 2025	348 Days
34 Anchor Way, Carlton Colville, Lowestoft, Suffolk, NR33 8GR	£190,000	£187,000	-£3,000	28 Oct 2024	31 Jan 2025	95 Days
3 Celandine Close, Lowestoft, Suffolk, NR33 8EU	£190,000	£185,000	-£5,000	22 Oct 2024	31 Jan 2025	101 Days

Most Expensive Streets in Lowestoft

Postcode	Street	Area	Average	No. of Sales
NR32 3PU	Hall Drive	Lowestoft	£688,333	3
NR32 3PL	Broadview Road	Lowestoft	£665,312	8
NR32 4NU	Glebe Close	Lowestoft	£633,333	3
NR32 3PW	Borrow Road	Lowestoft	£628,571	7
NR32 3PE	Pegasus Mews	Lowestoft	£582,500	4
NR32 4PS	Corton Road	Lowestoft	£555,000	3
NR32 5HB	Corton Long Lane	Corton	£536,243	8
NR33 7LH	The Avenue	Lowestoft	£534,000	5
NR32 4PP	Corton Road	Lowestoft	£534,000	3
NR32 3PJ	Romany Road	Lowestoft	£530,000	4

Least Expensive Streets in Lowestoft

Postcode	Street	Area	Average	No. of Sales
NR33 9JY	Marsh Road	Lowestoft	£86,090	11
NR32 2AB	Bevan Street West	Lowestoft	£90,333	3
NR32 2AF	Bevan Street West	Lowestoft	£91,000	5
NR32 1QE	St Peters Street	Lowestoft	£91,500	3
NR32 1XB	Spurgeon Score	Lowestoft	£99,100	5
NR32 4TX	Kelly Pain Court	Lowestoft	£99,125	4
NR32 4HS	St Margarets Road	Lowestoft	£100,800	5
NR32 2JP	Raglan Street	Lowestoft	£100,833	3
NR32 1PN	Adrian Court	Lowestoft	£102,000	5
NR32 2DH	Roman Road	Lowestoft	£105,333	3