£177,723
This estimated value is based upon the latest sale price for the house of £116,500 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£116,500 | 15 Aug 2014 |
£112,000 | 21 Nov 2008 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 August 2014 the House Price Index for SUFFOLK was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £116,500 results in an estimated price of approximately £177,723.
15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £116,500 | £61,223 | £177,723 |
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 | 69.230 % | £80,653 | £197,153 |
3 Month Average | 64.931 % | £75,644 | £192,144 |
6 Month Average | 58.306 % | £67,926 | £184,426 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £185,706 | £180,000 | 14 UBBESTON WAY |
8 Dec 2023 | £185,706 | £180,000 | 3 LAXFIELD WAY |
4 Sep 2023 | £186,102 | £182,000 | 180 STRADBROKE ROAD |
21 Apr 2023 | £208,398 | £204,500 | 156 STRADBROKE ROAD |
27 Jul 2022 | £227,277 | £225,000 | 165 STRADBROKE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Nov 2013. Using an estimated price of £177,724 means this house is valued at £3,064 per sq meter (£284 per sq foot).
The average size of a house on STRADBROKE ROAD is 81 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Ubbeston Way |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Newlands Close |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |