£230,926
This estimated value is based upon the latest sale price for the house of £185,000 on 3 Apr 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£185,000 | 3 Apr 2018 |
£163,000 | 11 Dec 2015 |
£149,995 | 11 Apr 2007 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 2018 the House Price Index for SUFFOLK was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £185,000 results in an estimated price of approximately £230,926.
3 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £185,000 | £45,926 | £230,926 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | -4.331 % | £-8,012 | £176,987 |
3 Month Average | 15.106 % | £27,945 | £212,945 |
6 Month Average | 20.525 % | £37,971 | £222,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £171,850 | £170,000 | 36 GYMNASIUM STREET |
17 Mar 2023 | £328,091 | £325,000 | 41 ALPE STREET |
16 Mar 2023 | £239,759 | £237,500 | 36 ORFORD STREET |
2 Nov 2022 | £326,051 | £330,000 | 29C NORWICH ROAD |
14 Oct 2022 | £284,437 | £287,500 | 6A NORWICH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Apr 2015. Using an estimated price of £230,927 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on ORFORD STREET is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gymnasium Street |
Apr 2024 | Anti-social behaviour | On or near Gymnasium Street | |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gymnasium Street |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gymnasium Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gymnasium Street |