£334,914
This estimated value is based upon the latest sale price for the house of £298,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been three burglaries within the last year on or near London Road South
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Price Paid | Date |
---|---|
£298,000 | 11 Aug 2021 |
£250,000 | 2 Apr 2020 |
£157,500 | 28 Nov 2014 |
Terraced |
Freehold |
Floor Area: 211 sq meters or 2,277 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 August 2021 the House Price Index for SUFFOLK was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £298,000 results in an estimated price of approximately £334,914.
11 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £298,000 | £36,914 | £334,914 |
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 | 1.624 % | £4,838 | £302,838 |
3 Month Average | -3.369 % | £-10,039 | £287,960 |
6 Month Average | -4.151 % | £-12,371 | £285,628 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £181,577 | £180,000 | 344 LONDON ROAD SOUTH |
25 Oct 2023 | £151,439 | £148,000 | 2 RICHMOND ROAD |
30 Jun 2023 | £132,658 | £130,000 | 1 HAROLD ROAD |
31 Aug 2022 | £241,128 | £240,000 | 333 LONDON ROAD SOUTH |
29 Jul 2022 | £696,984 | £690,000 | 23 KIRKLEY CLIFF ROAD |
This house has a floor area of 211 sq meters or 2,277 sq feet when measured on 14 Jun 2011. Using an estimated price of £334,914 means this house is valued at £1,582 per sq meter (£147 per sq foot).
The average size of a house on LONDON ROAD SOUTH is 125 sq meters (1,350 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near London Road South |
Oct 2024 | Burglary | Under investigation | On or near London Road South |
Oct 2024 | Burglary | Under investigation | On or near London Road South |
Oct 2024 | Anti-social behaviour | On or near London Road South | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |