£313,168
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£265,000 | 15 Oct 2020 |
Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2020 the House Price Index for SUFFOLK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £265,000 results in an estimated price of approximately £313,168.
15 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £265,000 | £48,168 | £313,168 |
The Postcode Pricing Model uses changes in average sales price within the IP32 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 | 29.670 % | £78,624 | £343,624 |
3 Month Average | 0.546 % | £1,445 | £266,445 |
6 Month Average | -19.360 % | £-51,305 | £213,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £485,500 | £485,500 | 75 TOLLGATE LANE |
15 Dec 2023 | £226,974 | £220,000 | 43 TOLLGATE LANE |
15 Dec 2023 | £304,352 | £295,000 | 42 PHILIP ROAD |
31 Mar 2023 | £150,514 | £148,000 | 6 AVON COURT TOLLGATE LANE |
27 Feb 2023 | £85,572 | £85,000 | 12 HANOVER CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Aug 2020. Using an estimated price of £313,168 means this house is valued at £3,819 per sq meter (£354 per sq foot).
The average size of a house on NORMAN ROAD is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Philip Road |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Hanover Close |
Jun 2024 | Drugs | Awaiting court outcome | On or near Hanover Close |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hanover Close |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rosemary Road |