£233,123
This estimated value is based upon the latest sale price for the house of £190,000 on 12 Sep 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£190,000 | 12 Sep 2019 |
£131,000 | 17 Mar 2011 |
£140,000 | 12 Jul 2006 |
£143,000 | 10 Oct 2003 |
£78,000 | 23 Nov 2000 |
£48,995 | 1 Nov 1996 |
Terraced |
Freehold |
Floor Area: 160 sq meters or 1,722 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 2019 the House Price Index for SUFFOLK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £190,000 results in an estimated price of approximately £233,123.
12 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £190,000 | £43,123 | £233,123 |
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 | 74.275 % | £141,122 | £331,122 |
3 Month Average | 26.715 % | £50,757 | £240,757 |
6 Month Average | 23.864 % | £45,341 | £235,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £149,410 | £147,500 | 98 SOMERTON AVENUE |
18 Aug 2023 | £147,289 | £146,000 | 38 SOMERTON AVENUE |
24 Mar 2023 | £151,427 | £150,000 | 7 SOMERTON AVENUE |
3 Feb 2023 | £147,900 | £148,000 | 112 ST MARGARETS ROAD |
20 Jan 2023 | £109,484 | £110,000 | 6 KELLY PAIN COURT |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 10 Apr 2019. Using an estimated price of £233,123 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on SOMERTON AVENUE is 74 sq meters (798 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Somerton Avenue |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Somerton Avenue |
Feb 2024 | Public order | Awaiting court outcome | On or near Somerton Avenue |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Somerton Avenue |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Somerton Avenue |