£176,590
This estimated value is based upon the latest sale price for the house of £144,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £144,000 | 16 Oct 2019 |
| £109,000 | 19 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2019 the House Price Index for SUFFOLK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £144,000 results in an estimated price of approximately £176,590.
| 16 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £144,000 | £32,590 | £176,590 |
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 | 24.263 % | £34,938 | £178,938 |
| 3 Month Average | 26.438 % | £38,071 | £182,071 |
| 6 Month Average | 22.737 % | £32,740 | £176,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £121,471 | £120,000 | 33 SUSSEX ROAD |
| 3 Feb 2023 | £140,905 | £141,000 | 115 SUSSEX ROAD |
| 15 Aug 2022 | £179,517 | £180,000 | 38 WORTHING ROAD |
| 8 Aug 2022 | £169,544 | £170,000 | 105 SUSSEX ROAD |
| 25 Feb 2022 | £148,915 | £142,000 | 16 WORTHING ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Mar 2014. Using an estimated price of £176,591 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on WORTHING ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Worthing Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worthing Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Worthing Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Worthing Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Worthing Road |