£265,860
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Sep 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 21 Sep 2023 |
| £215,000 | 15 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 987 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 September 2023 the House Price Index for SUFFOLK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £260,000 results in an estimated price of approximately £265,860.
| 21 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £260,000 | £5,860 | £265,860 |
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 | 16.341 % | £42,485 | £302,485 |
| 3 Month Average | -8.483 % | £-22,056 | £237,943 |
| 6 Month Average | -7.330 % | £-19,057 | £240,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £296,537 | £290,000 | 16 CHILTON LODGE ROAD |
| 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 |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 18 Feb 2011. Using an estimated price of £265,861 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on NEWTON CROFT is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newton Croft |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Newton Croft |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Newton Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Chelsea Road |
| Aug 2024 | Other theft | Under investigation | On or near Petrol Station |