£247,032
This estimated value is based upon the latest sale price for the house of £194,500 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £194,500 | 23 Aug 2017 |
| £172,000 | 10 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 August 2017 the House Price Index for SUFFOLK was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £194,500 results in an estimated price of approximately £247,032.
| 23 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £194,500 | £52,532 | £247,032 |
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 | 0.512 % | £995 | £195,495 |
| 3 Month Average | 21.912 % | £42,617 | £237,117 |
| 6 Month Average | 26.263 % | £51,081 | £245,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £231,680 | £228,250 | 24 SHIP ROAD |
| 2 Jun 2023 | £207,514 | £205,000 | 17 SHIP ROAD |
| 27 Apr 2023 | £161,742 | £160,000 | 14 SHIP ROAD |
| 27 Mar 2023 | £343,234 | £340,000 | 95 STRADBROKE ROAD |
| 24 Feb 2023 | £309,792 | £310,000 | 43 SHIP ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 15 May 2014. Using an estimated price of £247,032 means this house is valued at £2,352 per sq meter (£218 per sq foot).
The average size of a house on SHIP ROAD is 74 sq meters (798 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kilbourn Road |
| Feb 2024 | Anti-social behaviour | On or near Kilbourn Road | |
| Feb 2024 | Anti-social behaviour | On or near Kilbourn Road | |
| Feb 2024 | Anti-social behaviour | On or near Kilbourn Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Flora Road |