£243,566
This estimated value is based upon the latest sale price for the house of £193,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£193,000 | 27 Oct 2017 |
£125,000 | 20 Aug 2002 |
Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 October 2017 the House Price Index for SUFFOLK was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £193,000 results in an estimated price of approximately £243,566.
27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £193,000 | £50,566 | £243,566 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 14.808 % | £28,579 | £221,579 |
3 Month Average | 36.127 % | £69,725 | £262,725 |
6 Month Average | 29.327 % | £56,600 | £249,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £363,177 | £360,000 | 224 OULTON ROAD |
8 Apr 2022 | £288,344 | £280,000 | 11 DERWENT GARDENS |
7 Apr 2022 | £293,493 | £285,000 | 5 PATTERDALE GARDENS |
4 Feb 2022 | £346,069 | £330,000 | 17 FOXBOROUGH ROAD |
7 Dec 2021 | £396,410 | £370,000 | 11 FOXBOROUGH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 11 Sep 2017. Using an estimated price of £243,566 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on DERWENT GARDENS is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Local resolution | On or near Langdale Park |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Kirkstone Way |
Feb 2024 | Vehicle crime | Under investigation | On or near Worlingham Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Farm Parade |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Culzean Gardens |