£404,699
This estimated value is based upon the latest sale price for the house of £314,500 on 4 May 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £314,500 | 4 May 2017 |
| £79,000 | 9 Jul 1999 |
| £67,000 | 17 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 2017 the House Price Index for SUFFOLK was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £314,500 results in an estimated price of approximately £404,699.
| 4 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £314,500 | £90,199 | £404,699 |
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 | 8.797 % | £27,665 | £342,165 |
| 3 Month Average | 26.993 % | £84,892 | £399,392 |
| 6 Month Average | 32.685 % | £102,793 | £417,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £213,740 | £210,000 | 460 LONDON ROAD SOUTH |
| 7 Dec 2023 | £253,434 | £249,000 | 450 LONDON ROAD SOUTH |
| 29 Nov 2023 | £295,373 | £291,000 | 18 MORTON ROAD |
| 27 Sep 2023 | £395,051 | £390,000 | 11 KENSINGTON ROAD |
| 16 Jun 2023 | £344,169 | £340,000 | 8 PAKEFIELD ROAD |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 22 Dec 2015. Using an estimated price of £404,700 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on LONDON ROAD SOUTH is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |
| Apr 2024 | Vehicle crime | Under investigation | On or near B1532 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near B1532 |
| Apr 2024 | Other theft | Under investigation | On or near B1532 |