£192,602
This estimated value is based upon the latest sale price for the house of £120,000 on 6 Dec 2013. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Morton Road
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 6 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 December 2013 the House Price Index for SUFFOLK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £120,000 results in an estimated price of approximately £192,602.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £120,000 | £72,602 | £192,602 |
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 | 39.909 % | £47,890 | £167,890 |
| 3 Month Average | 56.409 % | £67,691 | £187,691 |
| 6 Month Average | 59.961 % | £71,953 | £191,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £200,000 | £200,000 | 61 MORTON ROAD |
| 8 Dec 2023 | £203,562 | £200,000 | 514 LONDON ROAD SOUTH |
| 11 Sep 2023 | £253,238 | £250,000 | 506 LONDON ROAD SOUTH |
| 28 Jul 2023 | £123,664 | £122,000 | FLAT B 9 KENDAL ROAD |
| 2 Jun 2023 | £192,330 | £190,000 | 82 MORTON ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 7 Oct 2013. Using an estimated price of £192,602 means this house is valued at £1,783 per sq meter (£165 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 | Burglary | Investigation complete; no suspect identified | On or near Morton Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Morton Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Morton Road |