£224,922
This estimated value is based upon the latest sale price for the house of £179,000 on 16 May 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £179,000 | 16 May 2018 |
| £138,000 | 25 Jul 2007 |
| £64,500 | 17 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for SUFFOLK was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £179,000 results in an estimated price of approximately £224,922.
| 16 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £179,000 | £45,922 | £224,922 |
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 | 59.107 % | £105,802 | £284,802 |
| 3 Month Average | 38.481 % | £68,881 | £247,881 |
| 6 Month Average | 32.567 % | £58,295 | £237,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £203,121 | £200,000 | 61 MORTON ROAD |
| 8 Dec 2023 | £206,340 | £200,000 | 514 LONDON ROAD SOUTH |
| 11 Sep 2023 | £255,635 | £250,000 | 506 LONDON ROAD SOUTH |
| 25 Aug 2023 | £165,485 | £162,500 | 26 ALL SAINTS ROAD |
| 26 Apr 2023 | £152,859 | £150,000 | 41 MORTON ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Nov 2017. Using an estimated price of £224,923 means this house is valued at £2,044 per sq meter (£189 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 |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Short Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Short Street |