£602,240
This estimated value is based upon the latest sale price for the house of £482,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £482,000 | 9 Feb 2018 |
| £310,000 | 6 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 February 2018 the House Price Index for SUFFOLK was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £482,000 results in an estimated price of approximately £602,240.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £482,000 | £120,240 | £602,240 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -27.483 % | £-132,470 | £349,529 |
| 3 Month Average | -16.229 % | £-78,225 | £403,774 |
| 6 Month Average | 6.834 % | £32,940 | £514,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £340,668 | £337,000 | 6 AVENUE APPROACH |
| 4 Oct 2022 | £514,461 | £520,000 | 20 STEPHENSON PLACE |
| 3 Nov 2021 | £1,081,514 | £1,000,000 | 16 NORTHGATE AVENUE |
| 15 Oct 2021 | £60,414 | £54,600 | 5 STEPHENSONS PLACE |
| 28 Sep 2021 | £506,468 | £470,000 | HOGS SLYPE, 17B AVENUE APPROACH |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 24 Aug 2017. Using an estimated price of £602,240 means this house is valued at £3,885 per sq meter (£360 per sq foot).
The average size of a house on NORTHGATE AVENUE is 170 sq meters (1,835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stephenson Place |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Raynham Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Northgate Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |