£245,665
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Feb 2015. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£165,000 | 24 Feb 2015 |
£138,500 | 1 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2015 the House Price Index for SUFFOLK was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £165,000 results in an estimated price of approximately £245,665.
24 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £165,000 | £80,665 | £245,665 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 62.837 % | £103,681 | £268,681 |
3 Month Average | 46.091 % | £76,049 | £241,049 |
6 Month Average | 35.785 % | £59,045 | £224,045 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £189,818 | £185,000 | 77 NEWTON ROAD |
24 Nov 2023 | £256,511 | £250,000 | 95 NEWTON ROAD |
8 Nov 2023 | £148,264 | £144,500 | 126A FELIXSTOWE ROAD |
2 Oct 2023 | £209,764 | £205,000 | 54 NEWTON ROAD |
21 Aug 2023 | £178,214 | £175,000 | 110 NEWTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 10 Jul 2014. Using an estimated price of £245,666 means this house is valued at £3,275 per sq meter (£304 per sq foot).
The average size of a house on NEWTON ROAD is 79 sq meters (855 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near York Road |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Alan Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alan Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alan Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alan Road |