£148,183
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Sep 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2018 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £120,000 results in an estimated price of approximately £148,183.
| 25 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £120,000 | £28,183 | £148,183 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 38.309 % | £45,970 | £165,970 |
| 3 Month Average | 27.992 % | £33,590 | £153,590 |
| 6 Month Average | 23.435 % | £28,122 | £148,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £233,456 | £230,000 | 43 BEECH GROVE |
| 10 Aug 2023 | £290,037 | £287,500 | 35 BEECH GROVE |
| 24 Jul 2023 | £309,161 | £305,000 | 229 NACTON ROAD |
| 7 Jul 2023 | £283,820 | £280,000 | 219 NACTON ROAD |
| 10 Feb 2023 | £284,808 | £285,000 | 94 NACTON ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Mar 2018. Using an estimated price of £148,184 means this house is valued at £1,559 per sq meter (£144 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beech Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Grove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Levington Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Levington Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Levington Road |