£580,676
This estimated value is based upon the latest sale price for the house of £495,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £495,000 | 9 Oct 2020 |
| Semi-Detached |
| 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 October 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £495,000 results in an estimated price of approximately £580,676.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £495,000 | £85,676 | £580,676 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | -30.127 % | £-149,127 | £345,872 |
| 3 Month Average | -25.014 % | £-123,819 | £371,180 |
| 6 Month Average | -6.376 % | £-31,562 | £463,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £223,918 | £220,000 | 43 TOLLGATE LANE |
| 10 Nov 2023 | £603,941 | £595,000 | 109 FORNHAM ROAD |
| 21 Apr 2023 | £340,668 | £337,000 | 6 AVENUE APPROACH |
| 31 Mar 2023 | £149,408 | £148,000 | 6 AVON COURT TOLLGATE LANE |
| 15 Sep 2022 | £158,718 | £160,000 | 9 AVON COURT TOLLGATE LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 4 Feb 2020. Using an estimated price of £580,676 means this house is valued at £5,278 per sq meter (£490 per sq foot).
The average size of a house on NORFOLK ROAD is 161 sq meters (1,739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandy Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Avenue Approach |
| Mar 2024 | Burglary | Under investigation | On or near Avenue Approach |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Approach |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Northgate Avenue |