Local market reports › NR area › NR32 › NR32 1
North Lowestoft market report NR32 1, Lowestoft
The NR32 1 (North Lowestoft) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 2,472 registered sales in NR32 1 (Lowestoft) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical NR32 1 (Lowestoft) home changed hands for £125,000 in 2026 (median of 20 registered sales, down 1% on five years earlier), with the mean at £146,900, and by floor area homes here have averaged about £1,710 per square metre over the last five years. Source: 2,472 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NR32 1 is a postcode sector: one group of streets inside NR32 (Lowestoft). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NR32 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in NR32 1
Take the 20 registered 2026 sales in NR32 1 and the middle price, the median, is £125,000. The mean lands at £146,900, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in NR32 1
The last five years of sales put NR32 1 at roughly £1,710 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, NR32 1 runs 56% below it.
A typical NR32 1 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £125,000 | £125,000 | 20 |
| 2025 | £145,000 | £148,467 | 49 |
| 2024 | £123,000 | £130,774 | 42 |
| 2023 | £135,000 | £148,332 | 56 |
| 2022 | £135,000 | £158,303 | 72 |
| 2021 | £126,000 | £159,532 | 57 |
| 2020 | £125,000 | £162,190 | 53 |
| 2019 | £114,000 | £149,427 | 63 |
| 2018 | £106,200 | £141,567 | 68 |
| 2017 | £101,200 | £138,027 | 57 |
| 2016 | £97,000 | £135,704 | 75 |
| 2015 | £92,900 | £131,268 | 76 |
| 2014 | £87,200 | £123,708 | 68 |
| 2013 | £82,500 | £118,709 | 57 |
| 2012 | £74,200 | £109,213 | 42 |
| 2011 | £81,000 | £122,279 | 48 |
| 2010 | £85,000 | £133,302 | 50 |
| 2009 | £79,000 | £126,993 | 38 |
| 2008 | £99,000 | £162,282 | 51 |
| 2007 | £104,500 | £177,261 | 115 |
| 2006 | £90,000 | £156,229 | 96 |
| 2005 | £84,300 | £150,020 | 107 |
| 2004 | £80,000 | £145,296 | 116 |
| 2003 | £66,600 | £122,693 | 120 |
| 2002 | £53,000 | £99,719 | 135 |
| 2001 | £43,000 | £82,665 | 163 |
| 2000 | £35,000 | £68,688 | 147 |
| 1999 | £30,000 | £59,788 | 96 |
| 1998 | £28,500 | £57,529 | 97 |
| 1997 | £28,200 | £57,833 | 87 |
| 1996 | £30,500 | £64,323 | 85 |
| 1995 | £30,000 | £65,215 | 66 |
In cash terms the typical NR32 1 home went from £30,000 in 1995 to £125,000 in 2026, roughly 4 times the price. Adjusted for inflation it still comes to a real rise of roughly 92%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 29% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NR32 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+25.7% on the year before); the weakest, 2009 (−20.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −13.8% | −15.8% |
| 5 years (since 2021) | −0.2% | −4.8% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +1.7% | −1.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 20 sales completed in NR32 1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 125 sales a year before the financial crisis and 48 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How NR32 1 trades
Only 20 sales completed here in the last twelve months of data, which makes NR32 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within NR32, this sector trades 43% below the district median: one of its district's cheaper corners.
What tenants pay around NR32 1
For renting purposes NR32 1 sits in East Suffolk. The ONS average private rent there is £834 a month (May 2026). The spread runs from £597 a month for a typical one-bed to £1,332 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, East Suffolk
ONS Price Index of Private Rents, May 2026.
£834 a month is £10,008 a year, which against the £125,000 median sold price makes a gross yield of 8.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What people ask about NR32 1 (North Lowestoft)
How much did a house sell for in NR32 1 (North Lowestoft)?
Are property prices falling in NR32 1 (North Lowestoft)?
Is NR32 1 (North Lowestoft) a good place to buy a house?
Will NR32 1 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 22% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in NR32 right now
The live side of the market holds 179 homes at the moment, listed by 5 agents publishing to HomesIndex.
These cover the whole NR32 district, not just NR32 1: live asking prices are collected per district.
28% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- North Parade, Lowestoft
- The Leas, Lowestoft, Lowestoft
- Pritchard Close, Oulton, Lowestoft, Lowestoft
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NR32 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: NR prices by size
What homes of each size actually sold for across the NR area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £280,000 | £375,246 (+34%) | £545,000 (+45%) | £750,000 (+38%) |
| Semi-detached | £210,000 | £245,000 (+17%) | £289,950 (+18%) | £375,000 (+29%) | £515,000 (+37%) |
| Terraced | £185,000 | £215,000 (+16%) | £245,000 (+14%) | £335,000 (+37%) | £423,750 (+26%) |
| Flat | £140,000 | £182,500 (+30%) | £280,000 (+53%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
Winners and losers across the NR area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NR32
Sector boundaries hide real price steps. The rest of NR32, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR32 2 | £140,500 | 50 |
| NR32 3 | £239,000 | 52 |
| NR32 4 | £255,000 | 81 |
| NR32 5 | £290,000 | 20 |
Zoom out to the full NR32 district report for the type split, monthly volumes and how NR32 compares with its neighbours.
Thinking of selling in NR32 1? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NR32 1, use the average prices map for a rough value: zoom from NR32 1's shading down to the sold homes on your own street. The figures above are every recorded NR32 1 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NR32 1.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NR32 1. Free, with a one click sign in.
Two maps carry on from here: every NR32 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.