£426,167
This estimated value is based upon the latest sale price for the house of £345,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £345,000 | 1 Feb 2019 |
| £137,500 | 20 Nov 2015 |
| £57,000 | 18 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 202 sq meters or 2,174 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 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £345,000 results in an estimated price of approximately £426,167.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £345,000 | £81,167 | £426,167 |
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 | 14.074 % | £48,556 | £393,556 |
| 3 Month Average | 22.560 % | £77,833 | £422,833 |
| 6 Month Average | 28.159 % | £97,149 | £442,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £295,373 | £291,000 | 18 MORTON ROAD |
| 27 Sep 2023 | £395,051 | £390,000 | 11 KENSINGTON ROAD |
| 21 Sep 2023 | £329,209 | £325,000 | 7 WILSON ROAD |
| 16 Jun 2023 | £344,169 | £340,000 | 8 PAKEFIELD ROAD |
| 8 Feb 2023 | £329,778 | £330,000 | 14 PAKEFIELD ROAD |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 8 Oct 2018. Using an estimated price of £426,168 means this house is valued at £2,109 per sq meter (£196 per sq foot).
The average size of a house on PAKEFIELD ROAD is 138 sq meters (1,491 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kensington Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near B1532 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |