£230,719
This estimated value is based upon the latest sale price for the house of £149,000 on 3 Jun 2014. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £149,000 | 3 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2014 the House Price Index for SUFFOLK was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £149,000 results in an estimated price of approximately £230,719.
| 3 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £149,000 | £81,719 | £230,719 |
The Postcode Pricing Model uses changes in average sales price within the IP19 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 | 169.521 % | £252,585 | £401,585 |
| 3 Month Average | 96.008 % | £143,052 | £292,052 |
| 6 Month Average | 44.666 % | £66,551 | £215,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £267,104 | £263,000 | MEADOWSIDE NORWICH ROAD |
| 8 Dec 2023 | £100,591 | £97,500 | FLAT 12 EXCELSIOR HOUSE NORWICH ROAD |
| 10 Nov 2023 | £261,642 | £255,000 | 10 CHURCHILL ROAD |
| 21 Apr 2023 | £285,337 | £280,000 | 35 THE AVENUE |
| 30 Mar 2023 | £233,906 | £230,000 | 3 OLD STATION ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 1 Sep 2014. Using an estimated price of £230,719 means this house is valued at £3,204 per sq meter (£297 per sq foot).
The average size of a house on OLD STATION ROAD is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Sep 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Station Road |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Norwich Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bungay Road |