£511,478
This estimated value is based upon the latest sale price for the house of £323,000 on 12 Feb 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £323,000 | 12 Feb 2014 |
| £90,000 | 9 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 238 sq meters or 2,561 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 February 2014 the House Price Index for SUFFOLK was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £323,000 results in an estimated price of approximately £511,478.
| 12 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £323,000 | £188,478 | £511,478 |
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 | 39.423 % | £127,337 | £450,337 |
| 3 Month Average | 54.127 % | £174,828 | £497,828 |
| 6 Month Average | 58.529 % | £189,048 | £512,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £406,011 | £400,000 | 108 THE AVENUE |
| 6 Feb 2023 | £264,822 | £265,000 | 1 ANNISON CLOSE |
| 17 Oct 2022 | £308,182 | £311,500 | 5 ANNISON CLOSE |
| 22 Jul 2022 | £431,161 | £430,000 | 69 THE AVENUE |
| 14 Apr 2022 | £447,963 | £435,000 | 4A WALMER ROAD |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 5 Sep 2013. Using an estimated price of £511,479 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on THE AVENUE is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Walcott Walk |
| Mar 2024 | Other theft | Under investigation | On or near Short Street |
| Mar 2024 | Public order | Under investigation | On or near Theatre/Concert Hall |
| Feb 2024 | Possession of weapons | Under investigation | On or near Dolphin Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dolphin Close |