Local market reports › NR area › NR32 › NR32 3
North Lowestoft market report NR32 3, Lowestoft
The standing NR32 3 (North Lowestoft) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 5,275 sales registered with HM Land Registry in NR32 3 (Lowestoft) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for NR32 3 (Lowestoft) is £239,000, from 52 registered sales, up 2% on five years earlier; the mean is £262,100, and by floor area homes here have averaged about £3,070 per square metre over the last five years. Behind the figures sit 5,275 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like NR32 3 is a single group of streets within NR32 (Lowestoft), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NR32 3 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.
What a home in NR32 3 sells for
The NR32 3 median stands at £239,000 for 2026, built from 52 registered sales; the mean, the figure usually quoted as the "average house price", is £262,100, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in NR32 3
By floor space, homes in NR32 3 have sold for about £3,070 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Set against the £285,000 England and Wales median, NR32 3 sits 16% below the national market.
NR32 3's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £239,000 | £239,000 | 52 |
| 2025 | £251,000 | £257,002 | 156 |
| 2024 | £240,500 | £255,701 | 142 |
| 2023 | £255,000 | £280,183 | 153 |
| 2022 | £257,200 | £301,596 | 214 |
| 2021 | £233,200 | £295,261 | 282 |
| 2020 | £218,000 | £282,860 | 195 |
| 2019 | £200,000 | £262,152 | 153 |
| 2018 | £190,000 | £253,274 | 204 |
| 2017 | £192,500 | £262,551 | 241 |
| 2016 | £174,000 | £243,428 | 235 |
| 2015 | £170,000 | £240,210 | 155 |
| 2014 | £150,500 | £213,511 | 128 |
| 2013 | £144,500 | £207,921 | 140 |
| 2012 | £145,000 | £213,422 | 108 |
| 2011 | £136,500 | £206,063 | 100 |
| 2010 | £145,000 | £227,397 | 77 |
| 2009 | £138,000 | £221,836 | 105 |
| 2008 | £153,000 | £250,799 | 86 |
| 2007 | £160,000 | £271,405 | 192 |
| 2006 | £145,000 | £251,701 | 213 |
| 2005 | £140,000 | £249,144 | 168 |
| 2004 | £136,100 | £247,184 | 160 |
| 2003 | £118,900 | £219,043 | 178 |
| 2002 | £90,000 | £169,334 | 195 |
| 2001 | £77,800 | £149,567 | 214 |
| 2000 | £65,000 | £127,563 | 198 |
| 1999 | £55,000 | £109,612 | 183 |
| 1998 | £55,000 | £111,021 | 180 |
| 1997 | £49,400 | £101,309 | 154 |
| 1996 | £47,400 | £99,964 | 176 |
| 1995 | £49,000 | £106,518 | 138 |
In cash terms the typical NR32 3 home went from £49,000 in 1995 to £239,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 124%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2022; the current median sits about 21% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the NR32 3 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 (+32.1% on the year before); the weakest, 2009 (−9.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NR32 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.8% | −7.0% |
| 5 years (since 2021) | +0.5% | −4.1% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +2.5% | −0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
NR32 3 recorded 52 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 190 sales a year before the financial crisis and 143 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.
The shape of the NR32 3 market
Only 52 sales completed here in the last twelve months of data, which makes NR32 3 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 10% above the district median: one of the dearer corners of its district.
What homes rent for around NR32 3
The local authority for NR32 3 is East Suffolk, and its ONS average private rent currently stands at £834 a month (May 2026 figures). A one-bed averages £597 a month here and a four-or-more-bed £1,332, so size does most of the work in setting the rent.
Average monthly rent by size, East Suffolk
ONS Price Index of Private Rents, May 2026.
Against the £239,000 median purchase price, a rent of £834 a month (£10,008 a year) works out at a 4.2% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
NR32 3 (North Lowestoft): the questions that come up
How much did a house sell for in NR32 3 (North Lowestoft)?
Are property prices falling in NR32 3 (North Lowestoft)?
Is NR32 3 (North Lowestoft) a good place to buy a house?
The questions people bring to NR32 3 (North Lowestoft)
To the person who searched property valuation in lowestoft
: no page can honestly value a specific home unseen, and this one does not try. It gives you the evidence a valuer starts from, the £239,000 median and every recorded sale nearby, on the average prices map right down to street level.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Are NR32 3 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is roughly flat over five years in cash but down 19% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
NR32's current homes for sale
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 3: live asking prices are collected per district.
Of everything listed here, 28% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- North Parade, Lowestoft
- The Leas, Lowestoft, Lowestoft
- Pritchard Close, Oulton, Lowestoft, Lowestoft
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NR32 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in NR: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the NR area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the NR area is the point: the same five years treated these districts very differently.
NR area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NR32
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NR32, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR32 1 | £125,000 | 20 |
| NR32 2 | £140,500 | 50 |
| 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.
Selling in NR32 3? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NR32 3, open the average prices map and zoom from the NR32 3 shading down to the sold homes on your own street. Every recorded NR32 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NR32 3.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NR32 3. Free after a one click sign in.
The live map plots every individual NR32 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on 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.