£355,802
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £285,000 | 27 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2018 the House Price Index for SUFFOLK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £285,000 results in an estimated price of approximately £355,802.
| 27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £285,000 | £70,802 | £355,802 |
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 | 37.964 % | £108,196 | £393,196 |
| 3 Month Average | 33.634 % | £95,856 | £380,856 |
| 6 Month Average | 31.673 % | £90,266 | £375,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £218,355 | £215,000 | 48 LAKELAND DRIVE |
| 15 Mar 2023 | £86,444 | £85,000 | 16 LAKELAND DRIVE |
| 24 Jan 2023 | £234,627 | £234,000 | 57 MARLBOROUGH ROAD |
| 12 Jan 2023 | £305,817 | £305,000 | 32 MARLBOROUGH ROAD |
| 11 Nov 2022 | £201,558 | £202,500 | 24 MARLBOROUGH ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Jan 2018. Using an estimated price of £355,802 means this house is valued at £3,388 per sq meter (£314 per sq foot).
The average size of a house on NORMANSTON DRIVE is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leathes Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leathes Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lakeland Drive |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lakeland Drive |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lakeland Drive |