£168,437
This estimated value is based upon the latest sale price for the house of £133,000 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£133,000 | 18 Dec 2017 |
£82,500 | 14 Sep 2012 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 December 2017 the House Price Index for SUFFOLK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £133,000 results in an estimated price of approximately £168,437.
18 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £133,000 | £35,437 | £168,437 |
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 | 30.492 % | £40,554 | £173,554 |
3 Month Average | 33.812 % | £44,969 | £177,969 |
6 Month Average | 27.200 % | £36,176 | £169,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £166,879 | £163,200 | 22 BRUCE STREET |
27 Sep 2023 | £158,494 | £155,000 | 4 JOHN STREET |
11 Sep 2023 | £178,945 | £175,000 | 14 JOHN STREET |
8 Feb 2023 | £196,311 | £195,000 | 1 BRUCE STREET |
25 Nov 2022 | £144,325 | £145,000 | 30 BRUCE STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Jun 2015. Using an estimated price of £168,437 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on JOHN STREET is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Payne Street |
Aug 2024 | Possession of weapons | Formal action is not in the public interest | On or near Payne Street |
Aug 2024 | Anti-social behaviour | On or near Payne Street | |
Aug 2024 | Anti-social behaviour | On or near Payne Street | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Payne Street |