£366,622
This estimated value is based upon the latest sale price for the house of £244,000 on 22 Dec 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £244,000 | 22 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 December 2014 the House Price Index for SUFFOLK was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £244,000 results in an estimated price of approximately £366,622.
| 22 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £244,000 | £122,622 | £366,622 |
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 | 72.429 % | £176,726 | £420,726 |
| 3 Month Average | 59.443 % | £145,040 | £389,040 |
| 6 Month Average | 54.437 % | £132,827 | £376,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £234,195 | £228,250 | 24 SHIP ROAD |
| 13 Nov 2023 | £184,688 | £180,000 | 135 STRADBROKE ROAD |
| 19 Oct 2023 | £255,810 | £250,000 | 26 MERRIFIELD ROAD |
| 2 Jun 2023 | £209,192 | £205,000 | 17 SHIP ROAD |
| 27 Apr 2023 | £163,050 | £160,000 | 14 SHIP ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 14 Aug 2014. Using an estimated price of £366,623 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on STRADBROKE ROAD is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flora Road |
| Jul 2024 | Other theft | Under investigation | On or near Stradbroke Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Witney Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingston Close |