£793,728
This estimated value is based upon the latest sale price for the house of £480,000 on 9 Aug 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£480,000 | 9 Aug 2013 |
£455,000 | 5 Jul 2007 |
Detached |
Freehold |
Floor Area: 167 sq meters or 1,797 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 August 2013 the House Price Index for SUFFOLK was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £480,000 results in an estimated price of approximately £793,728.
9 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £480,000 | £313,728 | £793,728 |
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 | 15.477 % | £74,291 | £554,291 |
3 Month Average | 32.257 % | £154,833 | £634,833 |
6 Month Average | 38.782 % | £186,152 | £666,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £282,663 | £280,000 | 5 PICKWICK CRESCENT |
6 Feb 2023 | £384,741 | £385,000 | 1 SCHOOLHALL LANE |
15 Jul 2022 | £546,471 | £545,000 | 8 TUPMAN WALK |
16 Jun 2022 | £167,365 | £165,000 | FLAT 8 KARRELBROOK HOUSE, 118 NORTHGATE STREET |
14 Jan 2022 | £236,792 | £225,000 | 4 ST MICHAELS CLOSE |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 8 May 2013. Using an estimated price of £793,728 means this house is valued at £4,752 per sq meter (£441 per sq foot).
The average size of a house on NORTHGATE STREET is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cotton Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cotton Lane |
Jan 2024 | Drugs | Awaiting court outcome | On or near Cotton Lane |
Jan 2024 | Drugs | Awaiting court outcome | On or near Cotton Lane |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Northgate Street |