£150,843
This estimated value is based upon the latest sale price for the house of £98,000 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £98,000 | 28 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 July 2014 the House Price Index for SUFFOLK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £98,000 results in an estimated price of approximately £150,843.
| 28 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £98,000 | £52,843 | £150,843 |
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 | 55.199 % | £54,095 | £152,095 |
| 3 Month Average | 53.792 % | £52,716 | £150,716 |
| 6 Month Average | 61.732 % | £60,497 | £158,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £166,219 | £162,000 | 3 MAIDSTONE ROAD |
| 15 Sep 2023 | £58,837 | £57,540 | 29 HERVEY STREET |
| 27 Jan 2023 | £147,394 | £147,000 | 40 HERVEY STREET |
| 16 Aug 2022 | £162,761 | £162,000 | 5 SELBY STREET |
| 28 Jan 2022 | £118,742 | £112,000 | 7 HERVEY STREET |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 4 Mar 2014. Using an estimated price of £150,843 means this house is valued at £954 per sq meter (£88 per sq foot).
The average size of a house on DENMARK ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Neptune Street | |
| Jul 2024 | Anti-social behaviour | On or near Neptune Street | |
| Jul 2024 | Anti-social behaviour | On or near Neptune Street | |
| Jul 2024 | Anti-social behaviour | On or near Neptune Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Denmark Road |