£145,232
This estimated value is based upon the latest sale price for the house of £80,000 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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Price Paid | Date |
---|---|
£80,000 | 9 Dec 2005 |
£13,350 | 22 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in December 2005 the House Price Index for NORFOLK was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £80,000 results in an estimated price of approximately £145,232.
9 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £80,000 | £65,232 | £145,232 |
The Postcode Pricing Model uses changes in average sales price within the NR2 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 | 200.216 % | £160,172 | £240,172 |
3 Month Average | 86.863 % | £69,490 | £149,490 |
6 Month Average | 84.932 % | £67,945 | £147,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £105,920 | £105,000 | 12A SUFFOLK SQUARE |
15 Mar 2024 | £264,057 | £260,000 | 24 OXFORD STREET |
16 Nov 2023 | £162,115 | £158,000 | 45 SUFFOLK SQUARE |
20 Oct 2023 | £156,044 | £152,500 | 35B SUFFOLK SQUARE |
6 Apr 2023 | £178,336 | £175,000 | 42 SUFFOLK SQUARE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Sep 2021. Using an estimated price of £145,233 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on SUFFOLK SQUARE is 76 sq meters (822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |