£133,441
This estimated value is based upon the latest sale price for the house of £100,000 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £100,000 | 25 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £100,000 results in an estimated price of approximately £133,441.
| 25 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £100,000 | £33,441 | £133,441 |
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 | 38.292 % | £38,292 | £138,292 |
| 3 Month Average | 41.152 % | £41,151 | £141,151 |
| 6 Month Average | 39.419 % | £39,418 | £139,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £193,227 | £190,000 | 66 NOTLEY ROAD |
| 24 Nov 2022 | £185,134 | £186,000 | 190 WAVENEY DRIVE |
| 1 Jul 2022 | £252,530 | £250,000 | 138 WAVENEY DRIVE |
| 24 Sep 2021 | £217,114 | £200,000 | 222 KIRKLEY RUN |
| 16 Jul 2021 | £225,766 | £195,000 | 159 KIMBERLEY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 30 Aug 2016. Using an estimated price of £133,441 means this house is valued at £1,375 per sq meter (£127 per sq foot).
The average size of a house on WAVENEY DRIVE is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1531 |