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North Lowestoft market report NR32, Lowestoft
The standing NR32 (North Lowestoft) property market report, rebuilt from the full public record every month. Everything below comes from 22,099 sales recorded by HM Land Registry in NR32 (Lowestoft) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical NR32 (Lowestoft) home changed hands for £218,000 in 2026 (median of 223 registered sales, up 4% on five years earlier), with the mean at £235,000, and by floor area homes here have averaged about £2,670 per square metre over the last five years. Source: 22,099 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NR32 is the postcode district covering North Lowestoft in Lowestoft. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where NR32 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 buyers actually paid in NR32
The NR32 median stands at £218,000 for 2026, built from 223 registered sales; the mean, the figure usually quoted as the "average house price", is £235,000, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in NR32
Per square metre, NR32 homes have averaged around £2,670 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, NR32 runs 24% below it.
A typical NR32 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £218,000 | £218,000 | 223 |
| 2025 | £220,000 | £225,261 | 551 |
| 2024 | £225,000 | £239,221 | 502 |
| 2023 | £225,000 | £247,220 | 532 |
| 2022 | £220,000 | £257,975 | 710 |
| 2021 | £210,000 | £265,887 | 828 |
| 2020 | £196,500 | £254,963 | 594 |
| 2019 | £170,000 | £222,829 | 631 |
| 2018 | £175,000 | £233,278 | 647 |
| 2017 | £173,000 | £235,955 | 683 |
| 2016 | £151,000 | £211,250 | 775 |
| 2015 | £148,000 | £209,124 | 689 |
| 2014 | £135,500 | £192,230 | 673 |
| 2013 | £128,500 | £184,899 | 563 |
| 2012 | £125,000 | £183,984 | 443 |
| 2011 | £127,000 | £191,721 | 479 |
| 2010 | £135,000 | £211,715 | 427 |
| 2009 | £130,000 | £208,976 | 451 |
| 2008 | £131,000 | £214,737 | 436 |
| 2007 | £130,000 | £220,516 | 835 |
| 2006 | £124,000 | £215,248 | 941 |
| 2005 | £114,500 | £203,764 | 783 |
| 2004 | £116,000 | £210,679 | 969 |
| 2003 | £88,000 | £162,117 | 941 |
| 2002 | £73,000 | £137,349 | 1,072 |
| 2001 | £55,200 | £106,119 | 1,128 |
| 2000 | £49,200 | £96,555 | 979 |
| 1999 | £46,200 | £92,074 | 889 |
| 1998 | £45,000 | £90,836 | 747 |
| 1997 | £42,000 | £86,134 | 686 |
| 1996 | £40,000 | £84,358 | 702 |
| 1995 | £40,500 | £88,041 | 590 |
In cash terms the typical NR32 home went from £40,500 in 1995 to £218,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 148%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2021; the current median sits about 18% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the NR32 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 2002 (+32.2% on the year before); the weakest, 2011 (−5.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 43% of the typed total. A detached home currently trades at £307,500 against £134,500 for a flat, 2.3 times the price.
Median by property type, NR32
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £307,500 | 75 | 6,890 |
| Semi-detached | £250,000 | 47 | 4,820 |
| Terraced | £149,000 | 94 | 9,495 |
| Flats | £134,500 | 7 | 894 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −0.9% | −3.2% |
| 5 years (since 2021) | +0.8% | −3.9% |
| 10 years (since 2016) | +3.7% | +0.3% |
| 20 years (since 2006) | +2.9% | +0.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in NR32
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.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 450 NR32 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 956 sales a year before the financial crisis and 504 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.
Reading the NR32 market
In its area's price order NR32 comes 32 of 35, towards the cheaper end of the table.
What homes rent for around NR32
The local authority for NR32 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.
£834 a month is £10,008 a year, which against the £218,000 median sold price makes a gross yield of 4.6%. 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.
Asked and answered: NR32 (North Lowestoft)
Are property prices falling in NR32 (North Lowestoft)?
Is NR32 (North Lowestoft) a good place to buy a house?
How much did a house sell for in NR32 (North Lowestoft)?
Will NR32 prices rise from here?
Prediction is not this page's business. Its business is the record, which says: the median is up 4% over five years in cash but down 18% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in NR32 right now
Everything above is what homes in NR32 sold for. Turning to what is actually available: 179 homes on the market right now, from 5 agents publishing to HomesIndex, at a typical asking price 8% below the NR32 median sold price.
28% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- 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 →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
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. 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%) | — | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NR32 ranks 20 of 35 in the NR area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the NR area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside NR32, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| 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 |
| NR32 5 | £290,000 | 20 |
How NR32 compares nearby
Same city, different markets. The dearest districts of the NR area, and NR32 itself, which ranks 32 of 35 by median price:
| District | Median | 5-year |
|---|---|---|
| NR25 | £430,000 | +8% |
| NR22 | £375,000 | +9% |
| NR23 | £370,000 | -13% |
| NR26 | £350,000 | +11% |
| NR4 | £337,500 | +4% |
| NR16 | £336,500 | -2% |
| NR14 | £325,000 | -3% |
| NR24 | £321,000 | +1% |
| NR13 | £318,800 | +1% |
| NR11 | £318,000 | +6% |
| NR9 | £315,000 | +9% |
| NR20 | £314,500 | -1% |
| NR10 | £290,000 | +5% |
| NR18 | £285,000 | +1% |
| NR34 | £285,000 | +3% |
| NR7 | £280,000 | +8% |
| NR8 | £280,000 | +6% |
| NR12 | £280,000 | -7% |
| NR15 | £277,500 | -9% |
| NR21 | £275,000 | +1% |
| NR27 | £275,000 | -6% |
| NR2 | £272,400 | +8% |
| NR6 | £270,000 | +8% |
| NR32 (this report) | £218,000 | +4% |
Selling in NR32? 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, use the average prices map for a rough value: zoom from NR32's shading down to the sold homes on your own street. The figures above are every recorded NR32 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NR32: the featured spot on this report is free for founding agents, one per district. Claim NR32.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NR32. Free, with a one click sign in.
See every individual NR32 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.
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.