£232,342
This estimated value is based upon the latest sale price for the house of £159,999 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £159,999 | 19 Jun 2015 |
| £127,995 | 13 Nov 2006 |
| £115,000 | 21 Apr 2005 |
| £82,000 | 30 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 June 2015 the House Price Index for SUFFOLK was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £159,999 results in an estimated price of approximately £232,342.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £159,999 | £72,343 | £232,342 |
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 | 29.719 % | £47,550 | £207,549 |
| 3 Month Average | 43.949 % | £70,317 | £230,316 |
| 6 Month Average | 49.267 % | £78,826 | £238,825 |
| 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 |
| 2 Jun 2023 | £192,330 | £190,000 | 82 MORTON ROAD |
| 26 Apr 2023 | £151,633 | £150,000 | 41 MORTON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Apr 2015. Using an estimated price of £232,342 means this house is valued at £2,833 per sq meter (£263 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 | Bicycle theft | Investigation complete; no suspect identified | On or near Short Street |
| Apr 2024 | Other theft | Under investigation | On or near Short Street |
| Mar 2024 | Other theft | Under investigation | On or near Short Street |
| 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 |