£172,522
This estimated value is based upon the latest sale price for the house of £78,000 on 19 Nov 2003. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £78,000 | 19 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2003 the House Price Index for SUFFOLK was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £78,000 results in an estimated price of approximately £172,522.
| 19 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £78,000 | £94,522 | £172,522 |
The Postcode Pricing Model uses changes in average sales price within the NR32 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 | 102.461 % | £79,919 | £157,919 |
| 3 Month Average | 118.914 % | £92,752 | £170,752 |
| 6 Month Average | 111.133 % | £86,683 | £164,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £161,198 | £162,500 | 5 LILAC DRIVE |
| 1 Sep 2022 | £178,558 | £180,000 | 60 OULTON ROAD |
| 20 Apr 2022 | £239,943 | £233,000 | 56 OULTON ROAD |
| 28 Jan 2022 | £176,278 | £167,500 | 87 NORTHGATE |
| 9 Dec 2021 | £251,774 | £235,000 | 30 JUNE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 May 2015. Using an estimated price of £172,523 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on NORTHGATE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Harp'S Close Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Harp'S Close Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Olive Court |
| Feb 2024 | Anti-social behaviour | On or near Olive Court | |
| Feb 2024 | Anti-social behaviour | On or near Olive Court |