£438,137
This estimated value is based upon the latest sale price for the house of £337,000 on 8 Feb 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £337,000 | 8 Feb 2017 |
| £225,000 | 4 Nov 2011 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,526 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 2017 the House Price Index for SUFFOLK was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £337,000 results in an estimated price of approximately £438,137.
| 8 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £337,000 | £101,137 | £438,137 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 6.331 % | £21,335 | £358,335 |
| 3 Month Average | 13.543 % | £45,641 | £382,641 |
| 6 Month Average | 25.703 % | £86,618 | £423,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £282,471 | £280,000 | 56 BROOM HILL ROAD |
| 11 Jul 2023 | £223,001 | £220,000 | 2 SHERRINGTON ROAD |
| 7 Jul 2023 | £232,124 | £229,000 | 18 BLENHEIM ROAD |
| 1 Sep 2022 | £462,267 | £466,000 | 272 NORWICH ROAD |
| 11 May 2022 | £315,953 | £310,000 | 197 NORWICH ROAD |
This house has a floor area of 141 sq meters or 1,526 sq feet when measured on 10 Sep 2010. Using an estimated price of £438,137 means this house is valued at £3,090 per sq meter (£287 per sq foot).
The average size of a house on NORWICH ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Westwood Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westwood Avenue |
| Jan 2024 | Public order | Awaiting court outcome | On or near Westwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broom Hill Road |