£317,935
This estimated value is based upon the latest sale price for the house of £258,000 on 16 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £258,000 | 16 Oct 2018 |
| £86,500 | 12 May 2000 |
| Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £258,000 results in an estimated price of approximately £317,935.
| 16 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £258,000 | £59,935 | £317,935 |
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 | -7.030 % | £-18,136 | £239,863 |
| 3 Month Average | 12.526 % | £32,316 | £290,316 |
| 6 Month Average | 18.428 % | £47,545 | £305,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £253,238 | £250,000 | 1 BISHOPS WALK |
| 29 Aug 2023 | £393,442 | £390,000 | 25 GUNTON ST PETERS AVENUE |
| 6 Mar 2023 | £269,202 | £266,666 | 6 BISHOPS WALK |
| 8 Feb 2023 | £344,768 | £345,000 | 16 BISHOPS WALK |
| 8 Aug 2022 | £289,221 | £290,000 | 8 THE MEADS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 7 Jun 2018. Using an estimated price of £317,936 means this house is valued at £6,623 per sq meter (£615 per sq foot).
The average size of a house on BISHOPS WALK is 106 sq meters (1,141 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near A47 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Yarmouth Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Europa Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arnhem Court |
| Mar 2024 | Anti-social behaviour | On or near Arnhem Court |