£2,767,330
This estimated value is based upon the latest sale price for the house of £1,922,550 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£1,922,550 | 31 Jul 2015 |
£113,750 | 25 Aug 1999 |
£282,500 | 25 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 278 sq meters or 2,992 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 July 2015 the House Price Index for SUFFOLK was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £1,922,550 results in an estimated price of approximately £2,767,330.
31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £1,922,550 | £844,780 | £2,767,330 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 61.327 % | £1,179,034 | £3,101,584 |
3 Month Average | 24.697 % | £474,819 | £2,397,369 |
6 Month Average | 32.189 % | £618,851 | £2,541,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £712,466 | £700,000 | BRICK KILN COTTAGE MARLBOROUGH ROAD |
3 Apr 2023 | £707,619 | £700,000 | FLAT 2 26 NORTH PARADE |
17 Aug 2022 | £792,866 | £795,000 | 31 MARLBOROUGH ROAD |
4 Feb 2022 | £1,788,024 | £1,705,000 | 15 NORTH PARADE |
17 Dec 2021 | £535,689 | £500,000 | FLAT 1 THE CRAIGHURST, 11 - 13 NORTH PARADE |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 20 Apr 2015. Using an estimated price of £2,767,331 means this house is valued at £9,954 per sq meter (£924 per sq foot).
The average size of a house on NORTH PARADE is 178 sq meters (1,923 sq feet).
This house is the largest in the street with a floor area of 278 sq meters (2,992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunwich Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Parade |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Road |