£254,786
This estimated value is based upon the latest sale price for the house of £198,000 on 18 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£198,000 | 18 May 2017 |
£53,500 | 14 Jun 1995 |
Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 May 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £198,000 results in an estimated price of approximately £254,786.
18 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £198,000 | £56,786 | £254,786 |
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 | 8.797 % | £17,417 | £215,417 |
3 Month Average | 26.993 % | £53,446 | £251,446 |
6 Month Average | 32.685 % | £64,715 | £262,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £223,306 | £220,000 | 34 GRAYSON AVENUE |
21 Oct 2022 | £14,840 | £15,000 | BEACH HUT 17 JUBILEE PARADE |
20 Sep 2022 | £34,720 | £35,000 | BEACH HUT 5 JUBILEE PARADE |
7 Apr 2022 | £248,696 | £241,500 | 21 WILLOW ROAD |
15 Dec 2021 | £133,922 | £125,000 | 27 WILLOW ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Nov 2016. Using an estimated price of £254,787 means this house is valued at £3,692 per sq meter (£343 per sq foot).
The average size of a house on WILLOW ROAD is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Harrison Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrison Road |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road | |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road | |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road |