£351,529
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£205,000 | 6 Jul 2012 |
Semi-Detached |
Freehold |
Floor Area: 153 sq meters or 1,651 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 July 2012 the House Price Index for SUFFOLK was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £205,000 results in an estimated price of approximately £351,529.
6 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £205,000 | £146,529 | £351,529 |
The Postcode Pricing Model uses changes in average sales price within the IP1 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 | 46.116 % | £94,538 | £299,538 |
3 Month Average | 72.929 % | £149,504 | £354,504 |
6 Month Average | 94.066 % | £192,834 | £397,834 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £245,225 | £239,000 | 606 NORWICH ROAD |
30 Oct 2023 | £127,905 | £125,000 | 722 OLD NORWICH ROAD |
22 Jun 2022 | £209,478 | £205,000 | 62 SHAKESPEARE ROAD |
14 Apr 2022 | £326,788 | £315,000 | 42 MALKIN CLOSE |
5 Oct 2021 | £373,414 | £335,000 | 724 OLD NORWICH ROAD |
This house has a floor area of 153 sq meters or 1,651 sq feet when measured on 4 May 2011. Using an estimated price of £351,530 means this house is valued at £2,290 per sq meter (£212 per sq foot).
The average size of a house on OLD NORWICH ROAD is 129 sq meters (1,395 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tooks Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tooks Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bakers Crescent |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bakers Crescent |
Sep 2024 | Anti-social behaviour | On or near Bakers Crescent |