Probate valuation · Lowestoft
Probate needs the home’s value on the date of death, not today’s price. In Lowestoft, average prices have moved 6.8% up over five years, so the date matters.





The short answer
Date of death
The average home today is £277,949. If the death was some time ago, the value the estate needs is the one from then.
| Date of death | Average home then | Change to today |
|---|---|---|
| 1 year ago (Aug 2025) | £284,598 | -2.3% |
| 3 years ago (Aug 2023) | £291,265 | -4.6% |
| 5 years ago (Aug 2021) | £260,179 | +6.8% |
| 10 years ago (Aug 2016) | £217,416 | +27.8% |
Nearby
Average home in each council area, with the change over five years.
FAQ
Customers in East of England paid a median of £395, with most between £345 and £455.
No. It is the value on the date of death. In Lowestoft the average home has moved 6.8% over five years, so a value from the wrong date can be far out.
For a simple estate well under the Inheritance Tax threshold, agents’ written appraisals are often used. Where tax may be due or the value could be challenged, a RICS valuation is the safer choice.
The average home in Lowestoft is £277,949. It costs more in Sudbury (£331,207) and Stowmarket (£317,979). It costs less in Ipswich (£226,175).
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