£193,489
This estimated value is based upon the latest sale price for the house of £145,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 21 Oct 2016 |
| £60,000 | 10 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2016 the House Price Index for SUFFOLK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £145,000 results in an estimated price of approximately £193,489.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £145,000 | £48,489 | £193,489 |
The Postcode Pricing Model uses changes in average sales price within the NR34 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 | 58.440 % | £84,737 | £229,737 |
| 3 Month Average | 43.386 % | £62,909 | £207,909 |
| 6 Month Average | 30.654 % | £44,448 | £189,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £216,657 | £210,000 | 4 LADYS MEADOW |
| 3 Nov 2023 | £242,147 | £236,000 | 25 GOSFORD ROAD |
| 15 Aug 2023 | £259,684 | £255,000 | 35 GOSFORD ROAD |
| 24 Feb 2023 | £168,626 | £167,500 | 10 GRESHAM ROAD |
| 8 Sep 2022 | £219,853 | £220,000 | 13 GRESHAM ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Sep 2016. Using an estimated price of £193,490 means this house is valued at £2,418 per sq meter (£224 per sq foot).
The average size of a house on GRESHAM ROAD is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Gresham Road | |
| Sep 2024 | Anti-social behaviour | On or near Gresham Road | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Gresham Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Station Road |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Noel'S Walk |