£189,950
This estimated value is based upon the latest sale price for the house of £76,950 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There has been one burglary within the last year on or near Gorleston Road
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| Price Paid | Date |
|---|---|
| £76,950 | 21 Feb 2003 |
| £27,500 | 26 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2003 the House Price Index for SUFFOLK was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £76,950 results in an estimated price of approximately £189,950.
| 21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £76,950 | £113,000 | £189,950 |
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 | 138.514 % | £106,586 | £183,536 |
| 3 Month Average | 136.203 % | £104,808 | £181,758 |
| 6 Month Average | 147.308 % | £113,353 | £190,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £159,037 | £155,000 | 157 GORLESTON ROAD |
| 18 Sep 2023 | £163,607 | £160,000 | 139 GORLESTON ROAD |
| 30 Aug 2023 | £249,500 | £245,000 | 4 SANDS LANE |
| 17 Mar 2023 | £177,972 | £175,000 | 149 GORLESTON ROAD |
| 25 Nov 2022 | £166,720 | £167,500 | 151 GORLESTON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Oct 2019. Using an estimated price of £189,951 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on GORLESTON ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Gorleston Road |
| Sep 2024 | Drugs | Offender given a caution | On or near Gresham Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woods Loke Ewst |