£128,191
This estimated value is based upon the latest sale price for the house of £79,000 on 17 Jul 2008. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £79,000 | 17 Jul 2008 |
| £26,000 | 15 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2008 the House Price Index for SUFFOLK was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.268%.Applying this 62.268% change to the original purchase price of £79,000 results in an estimated price of approximately £128,191.
| 17 Jul 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 146.7 | 62.268 % | £79,000 | £49,191 | £128,191 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 102.367 % | £80,870 | £159,870 |
| 3 Month Average | 54.730 % | £43,236 | £122,236 |
| 6 Month Average | 45.106 % | £35,634 | £114,634 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Oct 2019.
The average size of a house on MELBOURNE ROAD is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Jubilee Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Jubilee Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Jubilee Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Way |