£240,880
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£180,000 | 23 Sep 2016 |
£152,500 | 19 Nov 2014 |
£125,000 | 4 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 September 2016 the House Price Index for SUFFOLK was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £180,000 results in an estimated price of approximately £240,880.
23 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £180,000 | £60,880 | £240,880 |
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 | 45.215 % | £81,387 | £261,387 |
3 Month Average | 21.100 % | £37,980 | £217,980 |
6 Month Average | 19.212 % | £34,582 | £214,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £316,339 | £310,000 | 5 NORMAN CRESCENT |
4 Apr 2023 | £193,622 | £190,000 | 272 NACTON ROAD |
11 Aug 2022 | £121,066 | £120,500 | 15 HENSTEAD GARDENS |
20 Jun 2022 | £256,483 | £251,000 | 15 NORMAN CRESCENT |
24 Jan 2022 | £227,943 | £215,000 | 7 POWLING ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Mar 2015. Using an estimated price of £240,880 means this house is valued at £2,647 per sq meter (£245 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 | Violence and sexual offences | Under investigation | On or near Laud Mews |
Jul 2024 | Public order | Under investigation | On or near Laud Mews |
Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Laud Mews |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Laud Mews |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laud Mews |