£157,735
This estimated value is based upon the latest sale price for the house of £130,000 on 17 Mar 2020. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £130,000 | 17 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2020 the House Price Index for SUFFOLK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £130,000 results in an estimated price of approximately £157,735.
| 17 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £130,000 | £27,735 | £157,735 |
The Postcode Pricing Model uses changes in average sales price within the NR33 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 | 20.250 % | £26,324 | £156,324 |
| 3 Month Average | 27.931 % | £36,310 | £166,310 |
| 6 Month Average | 27.150 % | £35,294 | £165,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £166,879 | £163,200 | 22 BRUCE STREET |
| 27 Sep 2023 | £158,494 | £155,000 | 4 JOHN STREET |
| 11 Sep 2023 | £178,945 | £175,000 | 14 JOHN STREET |
| 8 Feb 2023 | £196,311 | £195,000 | 1 BRUCE STREET |
| 25 Nov 2022 | £144,325 | £145,000 | 30 BRUCE STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Feb 2020. Using an estimated price of £157,736 means this house is valued at £1,733 per sq meter (£161 per sq foot).
The average size of a house on JOHN STREET is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Payne Street |
| Aug 2024 | Anti-social behaviour | On or near Payne Street |