£163,049
This estimated value is based upon the latest sale price for the house of £160,000 on 27 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £160,000 | 27 Apr 2023 |
| £113,000 | 17 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 April 2023 the House Price Index for SUFFOLK was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £160,000 results in an estimated price of approximately £163,049.
| 27 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £160,000 | £3,049 | £163,049 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | -15.917 % | £-25,467 | £134,532 |
| 3 Month Average | 0.606 % | £969 | £160,969 |
| 6 Month Average | -0.934 % | £-1,495 | £158,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £234,195 | £228,250 | 24 SHIP ROAD |
| 13 Nov 2023 | £184,688 | £180,000 | 135 STRADBROKE ROAD |
| 13 Oct 2023 | £291,623 | £285,000 | 46 SHIP ROAD |
| 2 Jun 2023 | £209,192 | £205,000 | 17 SHIP ROAD |
| 27 Apr 2023 | £163,050 | £160,000 | 14 SHIP ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 13 Mar 2014. Using an estimated price of £163,050 means this house is valued at £3,019 per sq meter (£280 per sq foot).
The average size of a house on SHIP ROAD is 74 sq meters (798 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Jul 2024 | Anti-social behaviour | On or near Flora Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingston Close |