£248,425
This estimated value is based upon the latest sale price for the house of £132,500 on 3 Apr 2009. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £132,500 | 3 Apr 2009 |
| £139,000 | 3 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2009 the House Price Index for SUFFOLK was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £132,500 results in an estimated price of approximately £248,425.
| 3 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £132,500 | £115,925 | £248,425 |
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 | 35.628 % | £47,207 | £179,707 |
| 3 Month Average | 66.563 % | £88,195 | £220,695 |
| 6 Month Average | 63.850 % | £84,601 | £217,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £233,425 | £227,500 | 5 DOBSON WAY |
| 3 Nov 2023 | £242,147 | £236,000 | 25 GOSFORD ROAD |
| 15 Aug 2023 | £259,684 | £255,000 | 35 GOSFORD ROAD |
| 28 Feb 2023 | £241,614 | £240,000 | 1 DOBSON WAY |
| 24 Feb 2023 | £211,412 | £210,000 | 44 GOSFORD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 23 Sep 2019. Using an estimated price of £248,426 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on GOSFORD ROAD is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Station Road |