# Lowestoft Property Market Summary
Lowestoft, Britain's most easterly town, presents an accessible property market with an average price of £134,191 across nearly 24,200 properties. The area has experienced notable price volatility in recent years, with values surging from approximately £207,000 in 2017 to a peak of £298,338 in 2021 – likely reflecting the pandemic-driven demand for coastal properties. Since then, the market has moderated somewhat, with 2024 showing average prices around £240,000, though early 2025 data suggests a slight uptick to £246,244.
The Suffolk coastal town offers relatively affordable property ownership compared to many UK locations, attracting buyers seeking seaside living without premium price tags. Transaction volumes have remained robust, with over 1,200 sales in both 2021 and 2024, indicating sustained market activity despite price fluctuations. Lowestoft's combination of coastal appeal, regeneration initiatives, and value-for-money positioning continues to draw interest from first-time buyers, families, and those seeking more affordable alternatives to higher-priced coastal destinations. The recent stabilisation in prices following the 2021 spike suggests the market is finding a more sustainable level.
The average house price in Lowestoft, Suffolk is £134,191. Prices range from £450 to £10,600,000.
There are 24,192 properties in Lowestoft with 31,554 recorded transactions since 1995.
The median house price in Lowestoft is £110,000, compared to an average of £134,191.
Lowestoft has 8,258 terraced properties, 8,175 detached properties, 6,321 semi-detached properties, 831 flat / maisonette properties.
Average house prices in Lowestoft have risen by 459.5% from £46,204 in 1995 to £258,500 in 2026.
The most popular streets in Lowestoft by number of properties include London Road South, The Street, Lloyds Avenue, Long Road, Raglan Street.
Lowestoft is located in Suffolk, in the Waveney district.