£279,297
This estimated value is based upon the latest sale price for the house of £53,000 on 2 Apr 1997. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
There have been three burglaries within the last year on or near London Road South
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| Price Paid | Date |
|---|---|
| £53,000 | 2 Apr 1997 |
| £52,500 | 27 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 1997 the House Price Index for SUFFOLK was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £53,000 results in an estimated price of approximately £279,297.
| 2 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £53,000 | £226,297 | £279,297 |
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 | 437.483 % | £231,865 | £284,865 |
| 3 Month Average | 455.170 % | £241,239 | £294,239 |
| 6 Month Average | 431.545 % | £228,718 | £281,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £181,577 | £180,000 | 344 LONDON ROAD SOUTH |
| 1 Nov 2023 | £230,860 | £225,000 | FLAT 18 KINGSWEAR COURT RECTORY ROAD |
| 30 Jun 2023 | £132,658 | £130,000 | 1 HAROLD ROAD |
| 31 Aug 2022 | £241,128 | £240,000 | 333 LONDON ROAD SOUTH |
| 18 Aug 2022 | £140,658 | £140,000 | 6 COLLEGE ROAD |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 26 Jan 2015. Using an estimated price of £279,297 means this house is valued at £1,485 per sq meter (£138 per sq foot).
The average size of a house on LONDON ROAD SOUTH is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near London Road South |
| Oct 2024 | Burglary | Under investigation | On or near London Road South |
| Oct 2024 | Anti-social behaviour | On or near London Road South | |
| Oct 2024 | Burglary | Under investigation | On or near London Road South |