£234,648
This estimated value is based upon the latest sale price for the house of £205,000 on 22 Jul 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£205,000 | 22 Jul 2021 |
Semi-Detached |
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 July 2021 the House Price Index for SUFFOLK was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £205,000 results in an estimated price of approximately £234,648.
22 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.0 | 14.462 % | £205,000 | £29,648 | £234,648 |
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 | -6.715 % | £-13,765 | £191,234 |
3 Month Average | -8.471 % | £-17,365 | £187,634 |
6 Month Average | -7.969 % | £-16,337 | £188,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £206,031 | £204,500 | 156 STRADBROKE ROAD |
27 Jul 2022 | £224,696 | £225,000 | 165 STRADBROKE ROAD |
14 Jan 2022 | £235,836 | £225,000 | 18 NEWLANDS CLOSE |
30 Sep 2021 | £230,747 | £215,000 | 177 STRADBROKE ROAD |
30 Sep 2021 | £266,164 | £248,000 | 6 LANSDOWNE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Jun 2021. Using an estimated price of £234,648 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on NEWLANDS CLOSE is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Newlands Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Road |
Jan 2024 | Public order | Under investigation | On or near Lansdowne Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansdowne Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stradbroke Road |