£274,199
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Oct 2010. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 7 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 755 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in October 2010 the House Price Index for SUFFOLK was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £160,000 results in an estimated price of approximately £274,199.
| 7 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £160,000 | £114,199 | £274,199 |
The Postcode Pricing Model uses changes in average sales price within the IP33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 59.753 % | £95,605 | £255,605 |
| 3 Month Average | 38.718 % | £61,948 | £221,948 |
| 6 Month Average | 50.760 % | £81,215 | £241,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £210,000 | £210,000 | 14 WILLCOX AVENUE |
| 17 Oct 2023 | £340,739 | £333,000 | 38 WILLCOX AVENUE |
| 11 Aug 2023 | £214,875 | £211,000 | 17 GREENE ROAD |
| 17 Feb 2023 | £276,849 | £275,000 | 128 NEWMARKET ROAD |
| 13 Jan 2023 | £250,670 | £250,000 | 116 NEWMARKET ROAD |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 25 May 2010. Using an estimated price of £274,199 means this house is valued at £3,905 per sq meter (£362 per sq foot).
The average size of a house on NEWMARKET ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Newmarket Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Greene Road |
| Jun 2024 | Public order | Under investigation | On or near Greene Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hooper Square |
| Jul 2024 | Bicycle theft | Under investigation | On or near Hooper Square |