£832,610
This estimated value is based upon the latest sale price for the house of £160,000 on 22 May 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near North Parade
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Price Paid | Date |
---|---|
£160,000 | 22 May 1997 |
Terraced |
Freehold |
Floor Area: 209 sq meters or 2,250 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 1997 the House Price Index for SUFFOLK was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £160,000 results in an estimated price of approximately £832,610.
22 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £160,000 | £672,610 | £832,610 |
The Postcode Pricing Model uses changes in average sales price within the IP18 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 | 625.088 % | £1,000,140 | £1,160,140 |
3 Month Average | 520.601 % | £832,961 | £992,961 |
6 Month Average | 593.625 % | £949,800 | £1,109,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £722,192 | £700,000 | BRICK KILN COTTAGE MARLBOROUGH ROAD |
3 Apr 2023 | £713,342 | £700,000 | FLAT 2 26 NORTH PARADE |
17 Aug 2022 | £798,735 | £795,000 | 31 MARLBOROUGH ROAD |
29 Apr 2022 | £1,556,133 | £1,500,000 | 46 HOTSON ROAD |
10 Feb 2022 | £934,965 | £885,000 | 62 HOTSON ROAD |
This house has a floor area of 209 sq meters or 2,250 sq feet when measured on 16 Jun 2011. Using an estimated price of £832,610 means this house is valued at £3,981 per sq meter (£369 per sq foot).
The average size of a house on NORTH PARADE is 178 sq meters (1,923 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near North Parade |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Dunwich Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunwich Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salisbury Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Parade Gardens |