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House Prices in NR32

The average house price in NR32 (Lowestoft) is £225,321 using HM Land Registry data.

The average property price increased by £30,517 (6.7%) over the last 5 years and increased by £6,101 (1.27%) over the last 12 months.

Over the last year, there were 444 residential property sales – a decrease of 117 transactions (-26.35%) relative to the previous year. The majority of house sales (97) were in the £164,000 - £218,000 range. Then came properties in the £218,000 - £272,000 range, where 97 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,529 (-3%).

In Aug 2026, there were 137 new estate agency instructions, 68 agreed home sales and 111 property price reductions.

5-Year Average Property Prices in NR32 (Lowestoft)

6.7%

Property prices in NR32 (Lowestoft) increased by 6.7% 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

1.27%

Property prices in NR32 (Lowestoft) increased by 1.27% 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) - Aug 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 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 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
54 Sussex Road, Lowestoft, NR32 4HF	£220,000	£220,000	£0	19 Feb 2026	17 Jul 2026	148 Days
39 Park Road, Lowestoft, NR32 1SP	£110,000	£105,000	-£5,000	04 Nov 2025	17 Jul 2026	255 Days
18 Hervey Street, Lowestoft, NR32 2JG	£170,000	£170,000	£0	30 Mar 2026	17 Jul 2026	109 Days
1 Holbein Way, Lowestoft, NR32 4NN	£280,000	£275,000	-£5,000	22 Aug 2025	14 Jul 2026	326 Days
42 Grampian Way, Lowestoft, NR32 3EP	£260,000	£248,000	-£12,000	21 Nov 2025	14 Jul 2026	235 Days
23a Long Reach, The Street, Lowestoft, NR32 5HW	£325,000	£315,000	-£10,000	01 Sep 2025	14 Jul 2026	316 Days
36 Oulton Street, Lowestoft, NR32 3BB	£210,000	£175,000	-£35,000	10 Dec 2025	10 Jul 2026	212 Days
25 Stevens Street, Lowestoft, NR32 2JE	£150,000	£141,500	-£8,500	06 Mar 2026	10 Jul 2026	126 Days
267 Gorleston Road, Lowestoft, NR32 3AF	£230,000	£220,000	-£10,000	26 Feb 2026	10 Jul 2026	134 Days
94 Queens Road, Lowestoft, NR32 1TD	£150,000	£145,000	-£5,000	23 Oct 2025	10 Jul 2026	260 Days
50 Squires Walk, Lowestoft, NR32 4LA	£325,000	£325,000	£0	05 Nov 2025	10 Jul 2026	247 Days
35 The Street, Lowestoft, NR32 5HW	£200,000	£192,000	-£8,000	28 Apr 2026	06 Jul 2026	69 Days
18 Marlborough Court, Lowestoft, NR32 3AU	£160,000	£152,500	-£7,500	01 Sep 2025	06 Jul 2026	308 Days
6 Leonard Drive, Lowestoft, NR32 4WB	£300,000	£300,000	£0	24 Mar 2026	06 Jul 2026	104 Days
62 Lakeside Rise, Lowestoft, NR32 5BD	£240,000	£237,500	-£2,500	11 Feb 2026	03 Jul 2026	142 Days
7 Haven Avenue, Lowestoft, NR32 4JA	£270,000	£270,000	£0	08 Apr 2026	03 Jul 2026	86 Days
33 Cambridge Road, Lowestoft, NR32 1TE	£130,000	£130,000	£0	08 May 2026	02 Jul 2026	55 Days
Holly Gardens, The Street, Somerleyton, NR32 5QB	£750,000	£730,000	-£20,000	16 Jul 2025	01 Jul 2026	350 Days
47 Tonning Street, Lowestoft, NR32 2AN	£125,000	£123,000	-£2,000	05 Feb 2026	30 Jun 2026	145 Days
25 Monckton Avenue, Lowestoft, NR32 3EG	£290,000	£280,000	-£10,000	12 Sep 2025	29 Jun 2026	290 Days

Most Expensive Streets in NR32 (Lowestoft)

Postcode	Street	Area	Average	No. of Sales
NR32 4HB	Worthing Road	Lowestoft	£3,688,800	5
NR32 3PE	Pegasus Mews	Lowestoft	£611,250	4
NR32 3PW	Borrow Road	Lowestoft	£578,750	4
NR32 5HD	Corton Long Lane, Corton	Lowestoft	£548,800	5
NR32 5HB	Corton Long Lane	Lowestoft	£547,990	5
NR32 4NU	Glebe Close	Lowestoft	£539,000	5
NR32 3PL	Broadview Road	Lowestoft	£538,500	5
NR32 4PS	Corton Road	Lowestoft	£519,375	4
NR32 3PT	Prospect Road	Lowestoft	£506,000	5
NR32 5QB	The Street	Lowestoft	£493,833	6

Least Expensive Streets in NR32 (Lowestoft)

Postcode	Street	Area	Average	No. of Sales
NR32 5HS	Waterside Park, The Street, Corton	Lowestoft	£74,772	11
NR32 2AB	Bevan Street West	Lowestoft	£94,000	5
NR32 2NA	St Peters Street	Lowestoft	£94,666	3
NR32 4PB	Park Mansions, North Parade	Lowestoft	£94,900	5
NR32 2EA	Alma Road	Lowestoft	£96,600	5
NR32 2JP	Raglan Street	Lowestoft	£100,833	3
NR32 4TX	Kelly Pain Court, St Margarets Road	Lowestoft	£102,055	9
NR32 1JN	The Hemplands	Lowestoft	£103,625	4
NR32 4JJ	Lymm Road	Lowestoft	£104,333	3
NR32 2LD	Raglan Street	Lowestoft	£105,234	7