£164,896
This estimated value is based upon the latest sale price for the house of £132,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £132,500 | 25 Jan 2019 |
| £110,000 | 23 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 January 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £132,500 results in an estimated price of approximately £164,896.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £132,500 | £32,396 | £164,896 |
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 | 21.890 % | £29,004 | £161,504 |
| 3 Month Average | 26.448 % | £35,043 | £167,543 |
| 6 Month Average | 29.823 % | £39,515 | £172,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £166,879 | £163,200 | 22 BRUCE STREET |
| 27 Sep 2023 | £158,494 | £155,000 | 4 JOHN STREET |
| 11 Sep 2023 | £178,945 | £175,000 | 14 JOHN STREET |
| 8 Feb 2023 | £196,311 | £195,000 | 1 BRUCE STREET |
| 25 Nov 2022 | £144,325 | £145,000 | 30 BRUCE STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Oct 2018. Using an estimated price of £164,896 means this house is valued at £1,895 per sq meter (£176 per sq foot).
The average size of a house on JOHN STREET is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Payne Street |
| Aug 2024 | Anti-social behaviour | On or near Payne Street | |
| Aug 2024 | Anti-social behaviour | On or near Payne Street | |
| Aug 2024 | Possession of weapons | Formal action is not in the public interest | On or near Payne Street |
| Aug 2024 | Anti-social behaviour | On or near Payne Street |