£120,898
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Apr 2023. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 Apr 2023 |
| £73,950 | 24 Mar 2006 |
| £32,000 | 3 Dec 2001 |
| £28,500 | 26 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £120,000 results in an estimated price of approximately £120,898.
| 3 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £120,000 | £898 | £120,898 |
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 | 2.944 % | £3,533 | £123,533 |
| 3 Month Average | -2.357 % | £-2,828 | £117,171 |
| 6 Month Average | -5.133 % | £-6,160 | £113,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £143,485 | £143,000 | 69 MAY ROAD |
| 3 Apr 2023 | £120,899 | £120,000 | 16 UNION ROAD |
| 18 Nov 2022 | £145,638 | £148,000 | 38 STANFORD STREET |
| 24 Jun 2022 | £123,754 | £122,500 | 86 NORWICH ROAD |
| 29 Apr 2022 | £112,821 | £110,000 | 14 SANDRINGHAM ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Mar 2018. Using an estimated price of £120,899 means this house is valued at £2,158 per sq meter (£200 per sq foot).
The average size of a house on UNION ROAD is 56 sq meters (607 sq feet).
This house is the largest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Union Road |
| Jan 2024 | Other theft | Under investigation | On or near Union Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandringham Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Road |
| Mar 2024 | Other theft | Under investigation | On or near Beckham Road |