£162,819
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Apr 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£110,000 | 13 Apr 2015 |
£58,000 | 2 Oct 2000 |
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 April 2015 the House Price Index for SUFFOLK was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £110,000 results in an estimated price of approximately £162,819.
13 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £110,000 | £52,819 | £162,819 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 41.677 % | £45,844 | £155,844 |
3 Month Average | 37.059 % | £40,764 | £150,764 |
6 Month Average | 38.706 % | £42,576 | £152,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £249,670 | £245,000 | 11 FRANKLIN ROAD |
19 Jan 2023 | £161,431 | £161,000 | 334 NACTON ROAD |
14 Jun 2022 | £197,216 | £193,000 | 387 NACTON ROAD |
23 May 2022 | £274,142 | £267,000 | 25 QUEENS WAY |
28 Mar 2022 | £161,810 | £155,000 | 3 NANSEN ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 17 Nov 2014. Using an estimated price of £162,820 means this house is valued at £1,661 per sq meter (£154 per sq foot).
The average size of a house on QUEENS WAY is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Square |
Jul 2024 | Public order | Under investigation | On or near Queen'S Square |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Square |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Square |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Queen'S Square |