£142,764
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Oct 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£115,000 | 30 Oct 2018 |
£84,995 | 14 Jul 2004 |
£84,995 | 14 Jul 2004 |
£26,500 | 3 Apr 1998 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 542 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 October 2018 the House Price Index for SUFFOLK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £115,000 results in an estimated price of approximately £142,764.
30 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £115,000 | £27,764 | £142,764 |
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 | 28.575 % | £32,860 | £147,860 |
3 Month Average | 26.069 % | £29,978 | £144,978 |
6 Month Average | 21.901 % | £25,185 | £140,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2024 | £120,000 | £120,000 | 72 VICTORIA ROAD |
23 Jun 2023 | £221,438 | £217,000 | 52 DIXON DRIVE |
12 Jan 2023 | £290,777 | £290,000 | 196 BRIDGE ROAD |
7 Sep 2022 | £219,853 | £220,000 | 117 DELL ROAD |
8 Jul 2022 | £141,417 | £140,000 | 8 VICTORIA ROAD |
This house has a floor area of 50 sq meters or 542 sq feet when measured on 18 Nov 2008. Using an estimated price of £142,765 means this house is valued at £2,833 per sq meter (£263 per sq foot).
The average size of a house on PRIVATE ROAD is 116 sq meters (1,249 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (542 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beeches Mobilehome Park |
Aug 2024 | Burglary | Under investigation | On or near South Elmham Terrace |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jul 2024 | Anti-social behaviour | On or near Parking Area |