£224,662
This estimated value is based upon the latest sale price for the house of £167,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been two burglaries within the last year on or near Pig Lane
More crime details
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Price Paid | Date |
---|---|
£167,000 | 24 Mar 2016 |
£110,000 | 26 Nov 2010 |
£35,000 | 31 Jul 1996 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £167,000 results in an estimated price of approximately £224,662.
24 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.0 | 34.528 % | £167,000 | £57,662 | £224,662 |
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 | 2.916 % | £4,869 | £171,869 |
3 Month Average | 43.388 % | £72,458 | £239,458 |
6 Month Average | 48.184 % | £80,467 | £247,467 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £224,759 | £224,000 | WHITEHAVEN DENMARK ROAD |
12 Dec 2023 | £259,917 | £255,000 | 30 QUEENS ROAD |
6 Dec 2023 | £224,242 | £220,000 | 6 DENMARK ROAD |
8 Jun 2023 | £160,300 | £159,000 | 2 PIG LANE |
17 Apr 2023 | £128,455 | £127,500 | 15 CAXTON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Nov 2015. Using an estimated price of £224,662 means this house is valued at £3,255 per sq meter (£302 per sq foot).
The average size of a house on QUEENS ROAD is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Awaiting court outcome | On or near Pig Lane |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Pig Lane |
Apr 2024 | Other theft | Under investigation | On or near Supermarket |
Apr 2024 | Other theft | Under investigation | On or near Supermarket |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |