£164,118
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Mar 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£130,000 | 19 Mar 2018 |
£105,000 | 25 Oct 2013 |
£114,000 | 3 Jul 2009 |
£92,000 | 2 Aug 2007 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2018 the House Price Index for SUFFOLK was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £130,000 results in an estimated price of approximately £164,118.
19 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £130,000 | £34,118 | £164,118 |
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 | 33.346 % | £43,349 | £173,349 |
3 Month Average | 32.649 % | £42,443 | £172,443 |
6 Month Average | 31.838 % | £41,390 | £171,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £178,000 | £178,000 | 56 SOUTHWELL ROAD |
6 Dec 2023 | £144,954 | £140,500 | 23 LOVEWELL ROAD |
24 Nov 2023 | £166,219 | £162,000 | 62 LOVEWELL ROAD |
3 Nov 2023 | £187,766 | £183,000 | 70 SOUTHWELL ROAD |
11 Sep 2023 | £155,426 | £152,000 | 34 SOUTHWELL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Sep 2019. Using an estimated price of £164,118 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on SOUTHWELL ROAD is 82 sq meters (890 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Lovewell Road |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lovewell Road |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road | |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road | |
Apr 2024 | Anti-social behaviour | On or near Lovewell Road |