£350,872
This estimated value is based upon the latest sale price for the house of £190,000 on 8 Aug 2005. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £190,000 | 8 Aug 2005 |
| £84,000 | 23 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2005 the House Price Index for SUFFOLK was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £190,000 results in an estimated price of approximately £350,872.
| 8 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £190,000 | £160,872 | £350,872 |
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 | 152.716 % | £290,159 | £480,159 |
| 3 Month Average | 85.294 % | £162,058 | £352,058 |
| 6 Month Average | 88.696 % | £168,522 | £358,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2024 | £500,289 | £492,603 | 1 - 3 SALTGATE |
| 12 Dec 2023 | £263,084 | £255,000 | 30 QUEENS ROAD |
| 6 Dec 2023 | £226,974 | £220,000 | 6 DENMARK ROAD |
| 7 Jun 2023 | £341,851 | £335,000 | 20 NORTHGATE |
| 8 Mar 2023 | £828,842 | £815,000 | 1 THE SCORE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Sep 2012. Using an estimated price of £350,872 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on NORTHGATE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Market |
| Jul 2024 | Anti-social behaviour | On or near Old Market | |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old Market |
| May 2024 | Drugs | Under investigation | On or near Old Market |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old Market |