£108,906
This estimated value is based upon the latest sale price for the house of £85,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£85,000 | 23 Jun 2017 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 June 2017 the House Price Index for SUFFOLK was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £85,000 results in an estimated price of approximately £108,906.
23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £85,000 | £23,906 | £108,906 |
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 | 28.442 % | £24,175 | £109,175 |
3 Month Average | 26.981 % | £22,934 | £107,934 |
6 Month Average | 19.115 % | £16,247 | £101,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £140,074 | £138,000 | 59 NORWICH ROAD |
3 Nov 2023 | £164,434 | £162,000 | 3 MAIDSTONE ROAD |
2 Nov 2023 | £153,269 | £151,000 | 35 MAIDSTONE ROAD |
2 Nov 2023 | £126,878 | £125,000 | 34 MAIDSTONE ROAD |
27 Jul 2023 | £106,432 | £105,000 | 85A MAIDSTONE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Dec 2016. Using an estimated price of £108,907 means this house is valued at £1,361 per sq meter (£126 per sq foot).
The average size of a house on NORWICH ROAD is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Beckham Road |
Mar 2024 | Other theft | Under investigation | On or near Beckham Road |
Jan 2024 | Other theft | Under investigation | On or near Beckham Road |
Jan 2024 | Other theft | Under investigation | On or near Beckham Road |
Jan 2024 | Drugs | Under investigation | On or near Union Road |