£197,157
This estimated value is based upon the latest sale price for the house of £160,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£160,000 | 22 May 2020 |
£152,500 | 30 Nov 2018 |
£108,000 | 21 Jul 2006 |
£110,000 | 13 Jan 2006 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £160,000 results in an estimated price of approximately £197,157.
22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £160,000 | £37,157 | £197,157 |
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 | 21.520 % | £34,431 | £194,431 |
3 Month Average | 31.462 % | £50,339 | £210,339 |
6 Month Average | 27.232 % | £43,570 | £203,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £213,277 | £210,000 | 8 WITNEY ROAD |
16 Oct 2023 | £151,439 | £148,000 | 23 LONDON ROAD PAKEFIELD |
22 Sep 2023 | £92,029 | £90,000 | FLAT 1A JUBILEE BUILDINGS STRADBROKE ROAD |
24 Jan 2023 | £145,388 | £145,000 | 55 STRADBROKE ROAD |
27 Sep 2022 | £164,890 | £165,000 | 68 STRADBROKE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 Sep 2018. Using an estimated price of £197,158 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on WELLINGTON ROAD is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Offender given a caution | On or near Nelson Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Nelson Road |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |