£165,663
This estimated value is based upon the latest sale price for the house of £106,000 on 30 Nov 2007. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £106,000 | 30 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 November 2007 the House Price Index for SUFFOLK was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £106,000 results in an estimated price of approximately £165,663.
| 30 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £106,000 | £59,663 | £165,663 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 47.279 % | £50,115 | £156,115 |
| 3 Month Average | 51.807 % | £54,915 | £160,915 |
| 6 Month Average | 52.901 % | £56,074 | £162,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £178,000 | £178,000 | 56 SOUTHWELL ROAD |
| 6 Dec 2023 | £144,954 | £140,500 | 23 LOVEWELL ROAD |
| 24 Nov 2023 | £166,219 | £162,000 | 62 LOVEWELL ROAD |
| 11 Sep 2023 | £155,426 | £152,000 | 34 SOUTHWELL ROAD |
| 24 Aug 2023 | £136,970 | £134,500 | 12 SOUTHWELL ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Sep 2020. Using an estimated price of £165,664 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on LOVEWELL ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lovewell Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lovewell Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clement Road |
| Aug 2024 | Anti-social behaviour | On or near Clement Road | |
| Aug 2024 | Anti-social behaviour | On or near Clement Road |