£245,141
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 12 Nov 2021 |
| £96,000 | 18 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 886 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 November 2021 the House Price Index for SUFFOLK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £225,000 results in an estimated price of approximately £245,141.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £225,000 | £20,141 | £245,141 |
The Postcode Pricing Model uses changes in average sales price within the IP3 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 | 23.222 % | £52,249 | £277,249 |
| 3 Month Average | 6.229 % | £14,014 | £239,014 |
| 6 Month Average | 3.090 % | £6,952 | £231,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £243,745 | £240,000 | 3 NEWTON ROAD |
| 12 Sep 2023 | £224,959 | £220,000 | 41 NEWTON ROAD |
| 31 Aug 2023 | £208,765 | £205,000 | 26 UPPER CAVENDISH STREET |
| 2 Jun 2023 | £239,806 | £235,000 | 33 UPPER CAVENDISH STREET |
| 28 Feb 2022 | £209,179 | £198,000 | 34 NEWTON ROAD |
This house has a floor area of 82 sq meters or 886 sq feet when measured on 9 Apr 2009. Using an estimated price of £245,142 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on NEWTON ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Cavendish Street |
| Jul 2024 | Anti-social behaviour | On or near Upper Cavendish Street | |
| Jul 2024 | Anti-social behaviour | On or near Upper Cavendish Street | |
| Jul 2024 | Anti-social behaviour | On or near Upper Cavendish Street | |
| Jul 2024 | Anti-social behaviour | On or near Upper Cavendish Street |