£220,850
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Oct 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £175,000 | 23 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2017 the House Price Index for SUFFOLK was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £175,000 results in an estimated price of approximately £220,850.
| 23 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £175,000 | £45,850 | £220,850 |
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 | 46.632 % | £81,606 | £256,606 |
| 3 Month Average | 28.762 % | £50,332 | £225,332 |
| 6 Month Average | 22.704 % | £39,731 | £214,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £284,986 | £280,000 | 35 RANDS WAY |
| 17 Nov 2023 | £238,531 | £235,000 | 449 NACTON ROAD |
| 3 Jul 2023 | £223,001 | £220,000 | 11 CONISTON SQUARE EAST |
| 4 Apr 2023 | £151,633 | £150,000 | 435 LANDSEER ROAD |
| 27 Feb 2023 | £255,828 | £256,000 | 457 NACTON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Jul 2017. Using an estimated price of £220,850 means this house is valued at £2,568 per sq meter (£238 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Gorse Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorse Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nacton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nacton Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nacton Road |