£173,713
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Jun 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 15 Jun 2022 |
| £119,000 | 13 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2022 the House Price Index for SUFFOLK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £170,000 results in an estimated price of approximately £173,713.
| 15 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £170,000 | £3,713 | £173,713 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 4.930 % | £8,380 | £178,380 |
| 3 Month Average | 6.942 % | £11,801 | £181,801 |
| 6 Month Average | 13.461 % | £22,883 | £192,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £137,107 | £135,000 | 8 NORFOLK STREET |
| 27 Oct 2023 | £173,951 | £170,000 | 3 ESSEX ROAD |
| 13 Oct 2023 | £214,880 | £210,000 | 91 ROTTERDAM ROAD |
| 21 Apr 2023 | £151,331 | £148,500 | 123 ROTTERDAM ROAD |
| 17 Mar 2023 | £139,327 | £137,000 | 33 KENT ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Nov 2019. Using an estimated price of £173,713 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on NORFOLK STREET is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Montana Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Montana Place |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |