£360,595
This estimated value is based upon the latest sale price for the house of £265,000 on 7 Mar 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£265,000 | 7 Mar 2016 |
£289,000 | 8 Sep 2011 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 March 2016 the House Price Index for SUFFOLK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £265,000 results in an estimated price of approximately £360,595.
7 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £265,000 | £95,595 | £360,595 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 89.412 % | £236,941 | £501,941 |
3 Month Average | 46.475 % | £123,159 | £388,159 |
6 Month Average | 38.602 % | £102,294 | £367,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2024 | £500,289 | £492,603 | 1 - 3 SALTGATE |
12 Dec 2023 | £263,084 | £255,000 | 30 QUEENS ROAD |
6 Dec 2023 | £226,974 | £220,000 | 6 DENMARK ROAD |
7 Jun 2023 | £341,851 | £335,000 | 20 NORTHGATE |
8 Mar 2023 | £828,842 | £815,000 | 1 THE SCORE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Jul 2013. Using an estimated price of £360,595 means this house is valued at £3,030 per sq meter (£281 per sq foot).
The average size of a house on NORTHGATE is 138 sq meters (1,488 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Market |
Jul 2024 | Anti-social behaviour | On or near Old Market | |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old Market |
May 2024 | Drugs | Under investigation | On or near Old Market |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old Market |