£255,494
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£165,000 | 12 Jun 2014 |
£133,500 | 31 May 2006 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2014 the House Price Index for SUFFOLK was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £165,000 results in an estimated price of approximately £255,494.
12 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £165,000 | £90,494 | £255,494 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 33.361 % | £55,045 | £220,045 |
3 Month Average | 29.915 % | £49,360 | £214,360 |
6 Month Average | 37.919 % | £62,566 | £227,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £290,000 | £290,000 | 92 MURRAY ROAD |
16 Nov 2023 | £205,209 | £200,000 | 214 NACTON ROAD |
1 Sep 2023 | £230,072 | £225,000 | 287A NACTON ROAD |
12 Jun 2023 | £250,010 | £245,000 | 295 NACTON ROAD |
24 Feb 2023 | £281,883 | £280,000 | 100 MURRAY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 Nov 2013. Using an estimated price of £255,495 means this house is valued at £2,903 per sq meter (£269 per sq foot).
The average size of a house on MURRAY ROAD is 122 sq meters (1,314 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Murray Road | |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Murray Road |
May 2024 | Anti-social behaviour | On or near Murray Road | |
May 2024 | Anti-social behaviour | On or near Murray Road | |
May 2024 | Anti-social behaviour | On or near Murray Road |