£100,460
This estimated value is based upon the latest sale price for the house of £59,750 on 24 Aug 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £59,750 | 24 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 173 sq meters or 1,862 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 2012 the House Price Index for SUFFOLK was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.135%.Applying this 68.135% change to the original purchase price of £59,750 results in an estimated price of approximately £100,460.
| 24 Aug 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.135 % | £59,750 | £40,710 | £100,460 |
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 | 54.914 % | £32,811 | £92,561 |
| 3 Month Average | 51.530 % | £30,789 | £90,539 |
| 6 Month Average | 66.876 % | £39,958 | £99,708 |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 30 Aug 2021.
The average size of a house on LONDON ROAD SOUTH is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Economy Road |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Union Place |
| Feb 2024 | Anti-social behaviour | On or near Union Place | |
| Feb 2024 | Anti-social behaviour | On or near Union Place | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waterloo Road |