£353,281
This estimated value is based upon the latest sale price for the house of £228,500 on 16 May 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £228,500 | 16 May 2014 |
| £61,500 | 19 May 1999 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 817 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 May 2014 the House Price Index for SUFFOLK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £228,500 results in an estimated price of approximately £353,281.
| 16 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £228,500 | £124,781 | £353,281 |
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 | 34.367 % | £78,529 | £307,029 |
| 3 Month Average | 53.275 % | £121,732 | £350,232 |
| 6 Month Average | 54.506 % | £124,545 | £353,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £202,729 | £200,000 | 83 WALMER ROAD |
| 22 Jul 2022 | £431,161 | £430,000 | 69 THE AVENUE |
| 14 Apr 2022 | £447,963 | £435,000 | 4A WALMER ROAD |
| 20 Dec 2021 | £166,063 | £155,000 | 63 THE AVENUE |
| 17 Dec 2021 | £412,480 | £385,000 | 41 THE AVENUE |
This house has a floor area of 75 sq meters or 817 sq feet when measured on 2 Feb 2011. Using an estimated price of £353,281 means this house is valued at £4,652 per sq meter (£432 per sq foot).
The average size of a house on WALMER ROAD is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Walcott Walk |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walmer Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket |