£760,707
This estimated value is based upon the latest sale price for the house of £520,000 on 11 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £520,000 | 11 Jun 2015 |
| £248,000 | 31 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 179 sq meters or 1,929 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 June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £520,000 results in an estimated price of approximately £760,707.
| 11 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £520,000 | £240,707 | £760,707 |
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 | 21.758 % | £113,140 | £633,140 |
| 3 Month Average | 11.427 % | £59,419 | £579,419 |
| 6 Month Average | 19.518 % | £101,493 | £621,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £1,785,505 | £1,770,000 | THE NORTHGATE, 13 - 14 NORTHGATE STREET |
| 15 Mar 2023 | £284,755 | £280,000 | 5 PICKWICK CRESCENT |
| 9 Mar 2023 | £81,359 | £80,000 | 5 ANGEL HILL |
| 15 Jul 2022 | £207,075 | £205,000 | FLAT 1 KARRELBROOK HOUSE, 118 NORTHGATE STREET |
| 14 Jul 2022 | £833,350 | £825,000 | MUSTOW CORNER HOUSE, 1A MUSTOW STREET |
This house has a floor area of 179 sq meters or 1,929 sq feet when measured on 8 Apr 2009. Using an estimated price of £760,707 means this house is valued at £4,244 per sq meter (£394 per sq foot).
The average size of a house on NORTHGATE STREET is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pump Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Looms Lane |
| Jul 2024 | Drugs | Under investigation | On or near Looms Lane |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Looms Lane |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Looms Lane |