£205,299
This estimated value is based upon the latest sale price for the house of £109,500 on 15 Apr 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Northgate Avenue
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Price Paid | Date |
---|---|
£109,500 | 15 Apr 2005 |
£89,950 | 5 Sep 2003 |
£37,000 | 28 Jun 1996 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 452 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 April 2005 the House Price Index for SUFFOLK was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £109,500 results in an estimated price of approximately £205,299.
15 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £109,500 | £95,799 | £205,299 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 149.041 % | £163,199 | £272,699 |
3 Month Average | 77.107 % | £84,431 | £193,931 |
6 Month Average | 41.419 % | £45,353 | £154,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £277,032 | £270,000 | 107 RAYNHAM ROAD |
2 Oct 2023 | £172,928 | £169,000 | 34 STEPHENSON PLACE |
21 Apr 2023 | £473,863 | £465,000 | 34 NORTHGATE AVENUE |
27 Mar 2023 | £142,378 | £140,000 | 121 RAYNHAM ROAD |
4 Oct 2022 | £518,269 | £520,000 | 20 STEPHENSON PLACE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 12 Apr 2018. Using an estimated price of £205,299 means this house is valued at £4,888 per sq meter (£454 per sq foot).
The average size of a house on RAYNHAM ROAD is 77 sq meters (834 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Awaiting court outcome | On or near Northgate Avenue |
Jun 2024 | Burglary | Awaiting court outcome | On or near Northgate Avenue |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northgate Avenue |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Avenue Approach |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |