£173,277
This estimated value is based upon the latest sale price for the house of £161,500 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £161,500 | 30 Jun 2021 |
| £121,500 | 19 Dec 2014 |
| £36,000 | 20 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 June 2021 the House Price Index for SUFFOLK was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £161,500 results in an estimated price of approximately £173,277.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £161,500 | £11,777 | £173,277 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | -31.857 % | £-51,449 | £110,050 |
| 3 Month Average | -3.310 % | £-5,345 | £156,154 |
| 6 Month Average | 5.117 % | £8,263 | £169,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £141,717 | £140,000 | 5 MARKET STREET |
| 29 Oct 2021 | £697,081 | £630,000 | CROWN HOUSE, 7 BALLYGATE |
| 27 Sep 2021 | £193,967 | £180,000 | WINE VAULT COTTAGE HUNGATE |
| 14 Sep 2021 | £107,759 | £100,000 | FLAT 4 MARKET ROW |
| 28 Jul 2021 | £718,291 | £625,000 | 39 NEW MARKET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Jul 2021. Using an estimated price of £173,277 means this house is valued at £3,536 per sq meter (£328 per sq foot).
The average size of a house on HUNGATE LANE is 91 sq meters (979 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Midmeadow |