£677,137
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Apr 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£225,000 | 8 Apr 2002 |
Detached |
Freehold |
Floor Area: 227 sq meters or 2,453 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 April 2002 the House Price Index for SUFFOLK was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £225,000 results in an estimated price of approximately £677,137.
8 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £225,000 | £452,137 | £677,137 |
The Postcode Pricing Model uses changes in average sales price within the IP33 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 | 169.515 % | £381,409 | £606,409 |
3 Month Average | 143.236 % | £322,280 | £547,280 |
6 Month Average | 169.145 % | £380,575 | £605,575 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £726,307 | £720,000 | THE OLD NEW INN, 42 NORTHGATE STREET |
10 Oct 2023 | £224,601 | £219,500 | 7 REEDS BUILDINGS NORTHGATE STREET |
26 Sep 2023 | £301,650 | £295,000 | 56 COTTON LANE |
10 Mar 2023 | £305,090 | £299,995 | 86 NORTHGATE STREET |
10 Feb 2023 | £178,694 | £177,500 | 23 CHANTRY COURT |
This house has a floor area of 227 sq meters or 2,453 sq feet when measured on 23 Sep 2009. Using an estimated price of £677,137 means this house is valued at £2,970 per sq meter (£275 per sq foot).
The average size of a house on NORTHGATE STREET is 85 sq meters (925 sq feet).
This house is the largest in the street with a floor area of 227 sq meters (2,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mark Jennings Lane |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mark Jennings Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mark Jennings Lane |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mark Jennings Lane |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mark Jennings Lane |