£401,914
This estimated value is based upon the latest sale price for the house of £385,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £385,000 | 31 Mar 2022 |
| £237,000 | 1 Aug 2014 |
| Semi-Detached |
| Freehold |
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 March 2022 the House Price Index for SUFFOLK was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £385,000 results in an estimated price of approximately £401,914.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £385,000 | £16,914 | £401,914 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 1.319 % | £5,077 | £390,077 |
| 3 Month Average | 4.869 % | £18,744 | £403,744 |
| 6 Month Average | 27.036 % | £104,088 | £489,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £92,092 | £90,000 | FLAT 2 336 NORWICH ROAD |
| 23 Jun 2023 | £257,153 | £252,000 | 17 MORNINGTON AVENUE |
| 1 Apr 2022 | £228,233 | £220,000 | 328C NORWICH ROAD |
| 31 Mar 2022 | £401,914 | £385,000 | 298 NORWICH ROAD |
| 24 Jan 2022 | £198,257 | £187,000 | 3 SPRINGFIELD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kensington Road |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Springfield Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Springfield Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |