£132,658
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Jun 2023 |
| £77,000 | 12 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2023 the House Price Index for SUFFOLK was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £130,000 results in an estimated price of approximately £132,658.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £130,000 | £2,658 | £132,658 |
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 | -1.186 % | £-1,542 | £128,457 |
| 3 Month Average | -1.751 % | £-2,276 | £127,723 |
| 6 Month Average | 0.372 % | £484 | £130,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £181,577 | £180,000 | FLAT 2 344 LONDON ROAD SOUTH |
| 30 Jun 2023 | £132,658 | £130,000 | 1 HAROLD ROAD |
| 31 Aug 2022 | £241,128 | £240,000 | 333 LONDON ROAD SOUTH |
| 18 Aug 2022 | £140,658 | £140,000 | 6 COLLEGE ROAD |
| 20 Jul 2022 | £348,492 | £345,000 | 379 LONDON ROAD SOUTH |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Sep 2013. Using an estimated price of £132,658 means this house is valued at £1,411 per sq meter (£131 per sq foot).
The average size of a house on HAROLD ROAD is 94 sq meters (1,014 sq feet).