£196,316
This estimated value is based upon the latest sale price for the house of £142,000 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £142,000 | 22 Jan 2016 |
| £42,000 | 5 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2016 the House Price Index for SUFFOLK was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £142,000 results in an estimated price of approximately £196,316.
| 22 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £142,000 | £54,316 | £196,316 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 39.575 % | £56,196 | £198,196 |
| 3 Month Average | 36.780 % | £52,228 | £194,228 |
| 6 Month Average | 51.092 % | £72,550 | £214,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £121,766 | £119,000 | FLAT 23 59 NORWICH ROAD |
| 29 Mar 2023 | £8,179,483 | £8,042,885 | HANDFORD HOUSE RESIDENTIAL CARE HOME, 27A CUMBERLAND STREET |
| 4 Jan 2023 | £184,994 | £184,500 | 31 CUMBERLAND STREET |
| 4 May 2022 | £290,057 | £282,500 | 41 CUMBERLAND STREET |
| 15 Feb 2022 | £202,840 | £192,000 | 118 NORWICH ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 6 Aug 2015. Using an estimated price of £196,317 means this house is valued at £2,044 per sq meter (£189 per sq foot).
The average size of a house on NORWICH ROAD is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Gaye Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gaye Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gaye Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Gaye Street |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gaye Street |