£301,973
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Feb 2020 |
| £224,000 | 6 Sep 2016 |
| £94,000 | 9 May 2002 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for SUFFOLK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £245,000 results in an estimated price of approximately £301,973.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £245,000 | £56,973 | £301,973 |
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 | 36.275 % | £88,873 | £333,873 |
| 3 Month Average | 9.954 % | £24,388 | £269,388 |
| 6 Month Average | 10.248 % | £25,107 | £270,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £174,428 | £170,000 | 76 ST GEORGES ROAD |
| 6 Oct 2023 | £212,834 | £208,000 | 2 DARBY ROAD |
| 20 Sep 2023 | £196,839 | £192,500 | 31 ST GEORGES ROAD |
| 25 Aug 2023 | £244,408 | £240,000 | 5 FIRFIELD CLOSE |
| 30 Jun 2023 | £223,479 | £219,000 | 41 ST GEORGES ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Jan 2016. Using an estimated price of £301,974 means this house is valued at £4,376 per sq meter (£406 per sq foot).
The average size of a house on DARBY ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Forbes Drive | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Forbes Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Forbes Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mclaren Court |
| Jun 2024 | Vehicle crime | Under investigation | On or near Mclaren Court |