£708,663
This estimated value is based upon the latest sale price for the house of £535,000 on 27 Oct 2016. 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 Northgate Avenue
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| Price Paid | Date |
|---|---|
| £535,000 | 27 Oct 2016 |
| £225,000 | 20 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £535,000 results in an estimated price of approximately £708,663.
| 27 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £535,000 | £173,663 | £708,663 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -18.944 % | £-101,348 | £433,651 |
| 3 Month Average | -18.376 % | £-98,310 | £436,689 |
| 6 Month Average | 13.960 % | £74,684 | £609,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £223,918 | £220,000 | 43 TOLLGATE LANE |
| 21 Apr 2023 | £470,061 | £465,000 | 34 NORTHGATE AVENUE |
| 31 Mar 2023 | £149,408 | £148,000 | 6 AVON COURT TOLLGATE LANE |
| 4 Oct 2022 | £514,461 | £520,000 | 20 STEPHENSON PLACE |
| 26 Aug 2022 | £270,272 | £271,000 | 27 TOLLGATE LANE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 25 May 2016. Using an estimated price of £708,664 means this house is valued at £4,218 per sq meter (£391 per sq foot).
The average size of a house on NORTHGATE AVENUE is 220 sq meters (2,375 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandy Lane |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Pine Leys |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |