£401,417
This estimated value is based upon the latest sale price for the house of £295,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £295,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 March 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £295,000 results in an estimated price of approximately £401,417.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £295,000 | £106,417 | £401,417 |
The Postcode Pricing Model uses changes in average sales price within the CO10 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 | 14.834 % | £43,761 | £338,761 |
| 3 Month Average | 45.490 % | £134,196 | £429,196 |
| 6 Month Average | 35.485 % | £104,681 | £399,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £265,861 | £260,000 | 10 NEWTON CROFT |
| 28 Apr 2023 | £91,715 | £90,000 | 17 LUCAS ROAD |
| 17 Mar 2023 | £116,953 | £115,000 | 46 LUCAS ROAD |
| 3 Feb 2023 | £82,546 | £81,995 | 2 LUCAS ROAD |
| 2 Sep 2022 | £830,445 | £831,000 | VERNE HOUSE NEWTON ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 21 Oct 2015. Using an estimated price of £401,417 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on NEWTON ROAD is 148 sq meters (1,602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Newton Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lucas Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucas Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucas Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lucas Road |