£152,042
This estimated value is based upon the latest sale price for the house of £121,000 on 22 May 2018. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £121,000 | 22 May 2018 |
| £91,500 | 5 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 May 2018 the House Price Index for SUFFOLK was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £121,000 results in an estimated price of approximately £152,042.
| 22 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £121,000 | £31,042 | £152,042 |
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 | 45.541 % | £55,104 | £176,104 |
| 3 Month Average | 39.257 % | £47,501 | £168,501 |
| 6 Month Average | 38.592 % | £46,695 | £167,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £137,107 | £135,000 | 8 NORFOLK STREET |
| 27 Oct 2023 | £173,951 | £170,000 | 3 ESSEX ROAD |
| 13 Oct 2023 | £214,880 | £210,000 | 91 ROTTERDAM ROAD |
| 15 Feb 2023 | £142,955 | £142,000 | 45 ESSEX ROAD |
| 15 Jun 2022 | £173,713 | £170,000 | 1 NORFOLK STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Dec 2015. Using an estimated price of £152,043 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on ROTTERDAM ROAD is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Essex Road |
| Jul 2024 | Shoplifting | Under investigation | On or near Essex Road |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Montana Place |