£81,351
This estimated value is based upon the latest sale price for the house of £23,500 on 26 Apr 2001. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £23,500 | 26 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2001 the House Price Index for SUFFOLK was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £23,500 results in an estimated price of approximately £81,351.
| 26 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £23,500 | £57,851 | £81,351 |
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 | 237.368 % | £55,781 | £79,281 |
| 3 Month Average | 270.845 % | £63,648 | £87,148 |
| 6 Month Average | 269.714 % | £63,382 | £86,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £165,314 | £163,200 | 22 BRUCE STREET |
| 27 Sep 2023 | £157,007 | £155,000 | 4 JOHN STREET |
| 11 Sep 2023 | £177,267 | £175,000 | 14 JOHN STREET |
| 8 Feb 2023 | £194,869 | £195,000 | 1 BRUCE STREET |
| 25 Nov 2022 | £143,265 | £145,000 | 30 BRUCE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Mar 2019. Using an estimated price of £81,351 means this house is valued at £1,084 per sq meter (£100 per sq foot).
The average size of a house on JOHN STREET is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bruce Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Bruce Street |
| Jan 2024 | Other crime | Under investigation | On or near John Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Payne Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Payne Street |