£173,934
This estimated value is based upon the latest sale price for the house of £112,500 on 2 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£112,500 | 2 May 2014 |
£115,000 | 15 Apr 2005 |
Terraced |
Freehold |
Floor Area: 46 sq meters or 495 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 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £112,500 results in an estimated price of approximately £173,934.
2 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £112,500 | £61,434 | £173,934 |
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 | 69.211 % | £77,861 | £190,361 |
3 Month Average | 55.190 % | £62,088 | £174,588 |
6 Month Average | 50.487 % | £56,797 | £169,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £314,229 | £310,000 | 21 NORMAN CRESCENT |
2 Jun 2023 | £313,801 | £310,000 | 5 NORMAN CRESCENT |
4 Apr 2023 | £192,068 | £190,000 | 272 NACTON ROAD |
11 Aug 2022 | £120,177 | £120,500 | 15 HENSTEAD GARDENS |
20 Jun 2022 | £254,598 | £251,000 | 15 NORMAN CRESCENT |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 26 Jun 2013. Using an estimated price of £173,935 means this house is valued at £3,781 per sq meter (£351 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Laud Mews |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laud Mews |