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North Lowestoft market report NR32 5, Lowestoft
The NR32 5 (North Lowestoft) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 1,894 sales registered with HM Land Registry in NR32 5 (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: a typical NR32 5 (Lowestoft) home changed hands for £290,000 in 2026 (median of 20 registered sales, up 16% on five years earlier), with the mean at £321,600, and by floor area homes here have averaged about £3,210 per square metre over the last five years. Source: 1,894 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like NR32 5 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 5 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 NR32 5 homes really sell for
Across 20 registered 2026 sales, the typical (median) NR32 5 home went for £290,000. The mean is £321,600, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in NR32 5
Measured by floor area, the last five years of NR32 5 sales average about £3,210 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, NR32 5 runs 2% above it.
The price of a typical NR32 5 home, 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 | £290,000 | £290,000 | 20 |
| 2025 | £280,000 | £286,696 | 57 |
| 2024 | £351,900 | £374,142 | 47 |
| 2023 | £325,000 | £357,096 | 62 |
| 2022 | £323,800 | £379,692 | 52 |
| 2021 | £250,000 | £316,532 | 70 |
| 2020 | £281,200 | £364,863 | 62 |
| 2019 | £248,000 | £325,069 | 61 |
| 2018 | £244,500 | £325,923 | 52 |
| 2017 | £235,000 | £320,516 | 58 |
| 2016 | £227,800 | £318,694 | 64 |
| 2015 | £170,000 | £240,210 | 70 |
| 2014 | £188,000 | £266,711 | 53 |
| 2013 | £181,200 | £260,729 | 50 |
| 2012 | £212,500 | £312,773 | 45 |
| 2011 | £155,000 | £233,990 | 49 |
| 2010 | £173,000 | £271,309 | 48 |
| 2009 | £168,000 | £270,061 | 47 |
| 2008 | £190,000 | £311,450 | 39 |
| 2007 | £172,000 | £291,760 | 59 |
| 2006 | £175,000 | £303,778 | 64 |
| 2005 | £171,000 | £304,311 | 61 |
| 2004 | £146,200 | £265,528 | 92 |
| 2003 | £119,800 | £220,701 | 58 |
| 2002 | £96,000 | £180,623 | 72 |
| 2001 | £77,000 | £148,029 | 65 |
| 2000 | £67,000 | £131,488 | 72 |
| 1999 | £66,000 | £131,535 | 95 |
| 1998 | £56,800 | £114,655 | 66 |
| 1997 | £54,500 | £111,769 | 67 |
| 1996 | £54,000 | £113,884 | 58 |
| 1995 | £50,000 | £108,692 | 59 |
In cash terms the typical NR32 5 home went from £50,000 in 1995 to £290,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 167%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NR32 5 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 2012 (+37.1% on the year before); the weakest, 2025 (−20.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +3.6% | +1.2% |
| 5 years (since 2021) | +3.0% | −1.7% |
| 10 years (since 2016) | +2.4% | −0.9% |
| 20 years (since 2006) | +2.6% | −0.2% |
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
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
NR32 5 recorded 20 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 68 sales a year before the financial crisis and 48 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market NR32 5 is
Only 20 sales completed here in the last twelve months of data, which makes NR32 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within NR32, this sector trades 33% above the district median: one of the dearer corners of its district.
What tenants pay around NR32 5
For renting purposes NR32 5 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 £290,000 median sold price makes a gross yield of 3.5%. 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.
NR32 5 (North Lowestoft): the questions that come up
Are property prices falling in NR32 5 (North Lowestoft)?
Is NR32 5 (North Lowestoft) a good place to buy a house?
How much did a house sell for in NR32 5 (North Lowestoft)?
Will NR32 5 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 16% over five years in cash but down 8% 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.
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 5: 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
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
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.
The price of an extra bedroom in NR
What homes of each size actually sold for across the NR area, from the Land Registry record. 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. 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.
Five-year change in the median, NR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NR32
A few minutes' walk can separate two very different markets. Here are NR32's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NR32 1 | £125,000 | 20 |
| NR32 2 | £140,500 | 50 |
| NR32 3 | £239,000 | 52 |
| NR32 4 | £255,000 | 81 |
Zoom out to the full NR32 district report for the type split, monthly volumes and how NR32 compares with its neighbours.
Selling in NR32 5? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NR32 5, use the average prices map for a rough value: zoom from NR32 5's shading down to the sold homes on your own street. The figures above are every recorded NR32 5 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NR32 5: the featured spot on this report is free for founding agents, one per district. Claim NR32 5.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to NR32 5. Free after a one click sign in.
See every individual NR32 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.