£210,015
This estimated value is based upon the latest sale price for the house of £170,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £170,000 | 18 Mar 2019 |
| £170,000 | 18 Mar 2019 |
| £120,000 | 29 Mar 2012 |
| £119,950 | 26 Sep 2006 |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2019 the House Price Index for SUFFOLK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £170,000 results in an estimated price of approximately £210,015.
| 18 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £170,000 | £40,015 | £210,015 |
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 | 35.504 % | £60,356 | £230,356 |
| 3 Month Average | 29.528 % | £50,198 | £220,198 |
| 6 Month Average | 28.224 % | £47,980 | £217,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £183,205 | £180,000 | 14 UBBESTON WAY |
| 8 Dec 2023 | £183,205 | £180,000 | 3 LAXFIELD WAY |
| 4 Sep 2023 | £184,357 | £182,000 | 180 STRADBROKE ROAD |
| 21 Apr 2023 | £206,726 | £204,500 | 156 STRADBROKE ROAD |
| 27 Jul 2022 | £225,607 | £225,000 | 165 STRADBROKE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Nov 2011. Using an estimated price of £210,016 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on LAXFIELD WAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Love Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |