£299,042
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Sep 2020 |
| £89,950 | 20 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2020 the House Price Index for SUFFOLK was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £250,000 results in an estimated price of approximately £299,042.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £250,000 | £49,042 | £299,042 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | -0.211 % | £-528 | £249,471 |
| 3 Month Average | 0.018 % | £45 | £250,045 |
| 6 Month Average | 2.699 % | £6,747 | £256,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £290,000 | £290,000 | 92 MURRAY ROAD |
| 16 Nov 2023 | £205,209 | £200,000 | 214 NACTON ROAD |
| 1 Sep 2023 | £230,072 | £225,000 | 287A NACTON ROAD |
| 12 Jun 2023 | £250,010 | £245,000 | 295 NACTON ROAD |
| 24 Feb 2023 | £442,959 | £440,000 | 103 HATFIELD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 3 Mar 2020. Using an estimated price of £299,043 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beatrice Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beatrice Close |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Beatrice Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beatrice Close |
| Jul 2024 | Anti-social behaviour | On or near Murray Road |