£291,427
This estimated value is based upon the latest sale price for the house of £100,000 on 23 May 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£100,000 | 23 May 2002 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 May 2002 the House Price Index for SUFFOLK was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £100,000 results in an estimated price of approximately £291,427.
23 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £100,000 | £191,427 | £291,427 |
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 | 158.198 % | £158,197 | £258,197 |
3 Month Average | 200.102 % | £200,101 | £300,101 |
6 Month Average | 202.057 % | £202,056 | £302,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Oct 2022 | £14,840 | £15,000 | BEACH HUT 17 JUBILEE PARADE |
20 Sep 2022 | £34,720 | £35,000 | BEACH HUT 5 JUBILEE PARADE |
7 Apr 2022 | £248,696 | £241,500 | 21 WILLOW ROAD |
15 Dec 2021 | £133,922 | £125,000 | 27 WILLOW ROAD |
22 Oct 2021 | £221,296 | £200,000 | 71 LONDON ROAD PAKEFIELD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Jul 2021. Using an estimated price of £291,428 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on ARBOR LANE is 112 sq meters (1,213 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Harrison Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrison Road |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road | |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road | |
Feb 2024 | Anti-social behaviour | On or near Jubilee Road |