£161,809
This estimated value is based upon the latest sale price for the house of £155,000 on 28 Mar 2022. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £155,000 | 28 Mar 2022 |
| £125,000 | 8 Jan 2015 |
| £24,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 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 £155,000 results in an estimated price of approximately £161,809.
| 28 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £155,000 | £6,809 | £161,809 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 9.388 % | £14,550 | £169,550 |
| 3 Month Average | 16.262 % | £25,205 | £180,205 |
| 6 Month Average | 10.698 % | £16,581 | £171,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £288,877 | £280,000 | 35 RANDS WAY |
| 15 Jun 2023 | £220,417 | £216,000 | 21 FRANKLIN ROAD |
| 28 Apr 2023 | £249,670 | £245,000 | 11 FRANKLIN ROAD |
| 13 Apr 2023 | £142,668 | £140,000 | 47A QUEENS WAY |
| 20 Jan 2023 | £95,255 | £95,000 | 56A QUEENS WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 7 May 2013. Using an estimated price of £161,810 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on NANSEN ROAD is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen'S Way |
| Oct 2024 | Other crime | Under investigation | On or near Coniston Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coniston Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coniston Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coniston Road |