£127,000
This estimated value is based upon the latest sale price for the house of £100,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£100,000 | 3 Nov 2017 |
£91,000 | 8 Apr 2016 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 November 2017 the House Price Index for SUFFOLK was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £100,000 results in an estimated price of approximately £127,000.
3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £100,000 | £27,000 | £127,000 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 38.037 % | £38,036 | £138,036 |
3 Month Average | 29.840 % | £29,840 | £129,840 |
6 Month Average | 26.867 % | £26,866 | £126,866 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £178,000 | £178,000 | 56 SOUTHWELL ROAD |
6 Dec 2023 | £144,954 | £140,500 | 23 LOVEWELL ROAD |
24 Nov 2023 | £166,219 | £162,000 | 62 LOVEWELL ROAD |
3 Nov 2023 | £187,766 | £183,000 | 70 SOUTHWELL ROAD |
11 Sep 2023 | £155,426 | £152,000 | 34 SOUTHWELL ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Dec 2015. Using an estimated price of £127,000 means this house is valued at £1,530 per sq meter (£142 per sq foot).
The average size of a house on SOUTHWELL ROAD is 82 sq meters (890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lovewell Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Lovewell Road |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road | |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road | |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road |