£363,363
This estimated value is based upon the latest sale price for the house of £296,000 on 8 Apr 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£296,000 | 8 Apr 2020 |
£275,000 | 10 Oct 2014 |
£83,000 | 25 Apr 1997 |
Detached |
Freehold |
Floor Area: 151 sq meters or 1,629 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 April 2020 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £296,000 results in an estimated price of approximately £363,363.
8 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £296,000 | £67,363 | £363,363 |
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 | 279.474 % | £827,243 | £1,123,243 |
3 Month Average | 12.071 % | £35,729 | £331,729 |
6 Month Average | 1.309 % | £3,874 | £299,874 |
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 151 sq meters or 1,629 sq feet when measured on 26 Feb 2010. Using an estimated price of £363,363 means this house is valued at £2,400 per sq meter (£223 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 |