£323,547
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £260,000 | 8 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 February 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 24.441%.Applying this 24.441% change to the original purchase price of £260,000 results in an estimated price of approximately £323,547.
| 8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £260,000 | £63,547 | £323,547 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | -10.829 % | £-28,156 | £231,843 |
| 3 Month Average | 0.324 % | £842 | £260,842 |
| 6 Month Average | 2.143 % | £5,570 | £265,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £54,877 | £53,631 | 104A NACTON ROAD |
| 9 Oct 2023 | £230,229 | £225,000 | 42 LEVINGTON ROAD |
| 10 Feb 2023 | £286,917 | £285,000 | 94 NACTON ROAD |
| 25 Feb 2022 | £279,961 | £265,000 | 215 NACTON ROAD |
| 9 Feb 2022 | £221,856 | £210,000 | 221 NACTON ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 25 Jul 2019. Using an estimated price of £323,547 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on NACTON ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Levington Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Levington Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Levington Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Levington Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Levington Road |