£367,933
This estimated value is based upon the latest sale price for the house of £300,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £300,000 | 22 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £300,000 results in an estimated price of approximately £367,933.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £300,000 | £67,933 | £367,933 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | -9.973 % | £-29,918 | £270,081 |
| 3 Month Average | 8.193 % | £24,580 | £324,580 |
| 6 Month Average | 17.909 % | £53,726 | £353,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £181,959 | £180,000 | 1 ST MARYS ROAD |
| 16 Nov 2021 | £627,278 | £580,000 | 2 HOMEFIELD PADDOCK |
| 29 Oct 2021 | £697,081 | £630,000 | CROWN HOUSE, 7 BALLYGATE |
| 27 Sep 2021 | £193,967 | £180,000 | WINE VAULT COTTAGE HUNGATE |
| 17 Sep 2021 | £447,901 | £415,650 | 20 HOMEFIELD PADDOCK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Mar 2019. Using an estimated price of £367,934 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on HOMEFIELD PADDOCK is 132 sq meters (1,423 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Midmeadow |
| Mar 2024 | Public order | Local resolution | On or near Hungate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowfoot Gardens |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |